DSIJ Mindshare

Motherson Sumi has completed acquisition of Reydel through a step-down subsidiary of the company. The stock of Motherson Sumi halted its three-day losing streak and bounced back more than 1.5 per cent on Friday. Recently, after a bounce from 274, the stock witnessed resistance breakouts at 308 followed by 316 and 325.

Indian services sector grew to the fastest since 2016 as the Services PMI rose to 54 in July as against 52 in June.

Inox Leisure and PVR quoted highs of close to 15 per cent and 10 per cent, respectively on Friday as they await ruling on the issue of price of foodstuffs sold in multiplexes.

Following stocks are close to their 52-week low as at 1.02 p.m. on August 3, 2018.

The markets on August 3, 2018 opened gap up. BSE Sensex is trading at 37,421.01, up by 255.85 points and the Nifty is trading at 11,317.65, up by 72.95 points.