During Tuesday's trade,Tanla Solutions gave a pennant pattern breakout at 42 levels. The breakout was yet again supported by volume spurt and 14-period RSI positive crossover.

Business Process Manager provider Newgen Software announced its plans to launch its initial public offering comprising a fresh issue of up to Rs. 950 million and an offer for sale by the selling shareholders. 

Even as investors are turning their attention to stocks such as Jaiprakash Associates which were severely battered and dumped by the markets, RBI and banks are pushing ahead with insolvency proceedings against them.

Coal India soared on the bourses during early trade on Tuesday after the company revised its non-coking coal prices.

The share price of the iron ore mining company NMDC plunged sharply on the bourses during Tuesday’s trade after the floor price of its forthcoming two-day offer for sale was set as Rs. 153.50 per share.

Following stocks are close to their 52-week low as at 12.31 p.m. on January 9.

Shares of Sutlej Textiles and Industries escalated on the bourses on Tuesday after the company approved setting up polyester stable fibre manufacturing unit in Jammu & Kashmir.

The markets on January 9 opened gap up. BSE Sensex is trading at 34,377.51, up by 24.72 points and the Nifty is trading at 10,616.90, down by 6.70 points. 

Textile stocks found immense impetus on the bourses in the intraday trade on Tuesday. The heavyweights of the industry including Raymond, Arvind, Welspun India, Vardhman Textiles and Bombay Rayon Fashions charted steep hike on the bourses during the day. 

In a bid to tap into the ever-growing FMCG sector, India's leading battery maker Everready forays into the market space with its just-launched confectionary brand.