Axis Bank reported strong improvement in the quarter on all fronts as the bank expects slippages to taper down, going forward.

Two of India's leading PSUs, BEML Limited and Heavy Engineering Corporation Limited (HEC) signed an MoU to meet the requirements of the mining industry.

Rural focused EPC player, RPP Infra Projects has secured orders worth Rs. 217.1 crore from Maharashtra’s Public Works Department (PWD), the company informed the bourses on Tuesday.

As of June 2018, the total number of registrations were 2,209 as compared to 2,157 as of March 2018. The company has another 984 registrations in pipeline across geographies.

Overall volumes in futures & options currently stand at 53.92 lakh contracts with a turnover of Rs. 5,15,736.20 crore.

Overall volumes in futures & options currently stand at 53.92 lakh contracts with a turnover of Rs. 5,15,736.20 crore.

Going forward, immediate resistance is seen around 11,350-11,375 followed by 11,450. On the other hand, Nifty now trades overbought and if it retreats, we expect the level of 10,260, followed by 11,180, as the support levels. Stocks in news: NHPC, Dr Reddy’s Laboratories, Mahindra and Mahindra, HDFC Bank and Texmaco Rail and Engineering.

The SGX Nifty, which was trading down by 14 points at 11,329, indicated that domestic bourses may open with modest losses at the opening bell. Among Nifty 50 companies, Power Grid, Tata Motors, UPL and Vedanta numbers are slated today. On the macro front, the government will release infrastructure output data for the month of June.  

The stocks that are likely to witness significant movement on the bourses on July 31 are HDFC Ltd, Tech Mahindra, Solar Industries, Thomas Cook and Cadila Healthcare.

Its EBITDA for the quarter rose by 57.1 per cent YoY to Rs. 13.32 crore, with a corresponding margin expansion of 316 bps. The EBITDA margin for the quarter stood at 16.5 per cent.