Mishra Dhatu Nigam Limited (MIDHANI) signs an MoU with Hindustan Antibiotics Limited (HAL). This MoU will provide synergy for quality manufacturing of MIDHANI’s Bio-medical Implants and get access to the pan-India distribution of HAL. This partnership is aimed to gain advantage from the strengths of both the companies and benefit users of Bio-medical products in India.

The stocks to keep a watch on June 19 are Jet Airways, Interglobe Aviation, VA Tech, KNR Constructions, and Star Cement. 

KNR Construction informed the bourses that its subsidiary KNR Srirangam Infra Private has received declaration of appointed date from NHAI for a road project in Tamil Nadu.

Bajaj Finserv was picked by our Bollinger Band squeeze scanner which suggests that the stock is near a consolidation breakout.

Bajaj Holdings & Investment has acquired a 27 per cent stake in Maharashtra Scooters (MSL). Shares of Bajaj Holding rose almost 3 per cent intraday reacting to the announcement made before market hours.

HDFC AMC decides to provide liquidity arrangement to certain fixed maturity plans (FMPs) of HDFC Mutual Fund. Read on to find how is going to impact MF investors as well as shareholders of HDFC AMC.

Lenders' consortium led by the State Bank of India (SBI) has filed an insolvency plea against the now non-functional airline Jet Airways with the National Company Law Tribunal (NCLT). Reacting to this development, the stock of Jet Airways tumbles close to 50 per cent.

Following stocks are close to their 52-weeks low as at 1:02 p.m. on June 18, 2019.

The markets on June 18, 2019 opened flat. BSE Sensex is trading at 39,117.80, up by 157.01 points and the Nifty is trading at 11,715.30, up by 43.15 points. 

The Board of Directors of Tech Mahindra have approved the proposal to acquire 100 per cent shareholding of Objectwise Consulting Group Inc. The information technology (IT) firm will pay 2.75 million Canadian dollars (approximately Rs. 14.33 crore) for the company.