Country's largest bank State Bank of India (SBI) announced that it is planning to raise up to US$ 2 billion by issuing bonds in US dollar or other convertible currency. 

TCS which holds 3.3 per cent weightage in Nifty50 and 25.7 per cent in the Nifty IT index has retested its multi-year trendline at 2670 levels. Stock breached its previous month’s high at 2709 levels.

Realty firm Sobha hit a fresh 52-week high of Rs. 694.90 in early morning trade Monday following strong sales bookings for the third quarter FY18.

EPC giant Larsen & Toubro spurred on the bourses during Monday’s trade as the company won orders worth Rs. 2,265 crore from the Andhra Pradesh Capital Region Development Authority.

Hindustan Construction Company (HCC) on Monday announced that its joint venture firm AL FARA'A has won a contract worth Rs. 484 crore for the Pune Metro project from Maharashtra Metro Rail Corporation.

Following stocks are close to their 52-week low as at 12.40 p.m. on January 8.

The markets on January 8 opened gap up. BSE Sensex is trading at 34,348.57, up by 194.72 points and the Nifty is trading at 10,615.80, up by 56.95 points. 

DEN Networks has entered into an agreement with VBS Digital for acquiring 51 per cent stake at a consideration of Rs 2.64 crore payable in cash. This acquisition will strengthen DEN Network’s reach in the state of Uttar Pradesh.

India's largest listed pharmaceutical company, Sun Pharma spiked by more than 5 per cent in early trade on Monday, on the back of a market buzz that the company's Halol facility will be inspected by the USFDA. At 10:58 hours, the stock of Sun Pharma was quoting 597.30 per share, up 3.21 per cent.