Bodhtree Consulting, an IT consulting and software service provider, has hit a fresh 52-week high on BSE after the company announced bagging orders worth of Rs. 50 crore.

Sales of the non-IT services sector declined after a temporary revival in the previous quarter mainly due to the poor performance of real estate (4.8 per cent yoy decline), telecommunication companies (17.6 per cent yoy decline) and Video & Television Programming and Broadcasting (24.5 per cent yoy decline).

Following stocks are close to their 52-week low as at 12.50 p.m. on January 15.

The markets on January 15 opened gap up. BSE Sensex is trading at 34,885.10, up by 292.71 points and the Nifty is trading at 10,749.40, up by 68.15 points.

DCB Bank on Monday announced raising Rs. 150 crore through the issuance of bonds.

Nifty Financial Services index gave its multiple resistance breakout at 10560-10570 levels, all thanks to HDFC. The index witnessed a three-week consolidation breakout on the first day of the week itself.

Highway Construction company IRB Infrastructure Developers and Italy's infrastructure major Atlantia are working out a road asset deal. Atlantia is interested in acquiring IRB's operational road assets, which includes the Mumbai-Pune Expressway. 

Overall volumes in futures & options currently stand at 64.31 lakh contracts with a turnover of Rs. 5,62,613.13 crore.

Overall volumes in futures & options currently stand at 64.31 lakh contracts with a turnover of Rs. 5,62,613.13 crore.

Going forward, the level of 10,580-10,590 remains a crucial support for the Nifty, and as long as Nifty stays above this level, buying on dips would be a good strategy for an upmove up to the levels of 10,740-10,800. Following are stocks to watch today: Power Grid Corporation, IL&FS Transportation Networks, Venus Remedies, Asian Granito India, Religare Enterprises, HDFC, HDIL, Southern Petrochemicals Industries, CAPF and IDFC Bank.