At the time of writing, SGX trading lower by 33 points at 11,014 level.

The stock of RBL Bank tanked more than 12 per cent on BSE as market participants turned cautious over insider trading in the bank. After the founder of Coffee Day Enterprises, Mr.VG Siddhartha went missing on July 29, the next trading day 27 employees of RBL Bank sold their shares.

L&T Finance Holdings Limited sell its investment in L&T Capital Markets, a wholly-owned subsidiary, to IIFL Wealth Finance Limited. The division provides wealth management services in India.

Kalpataru Power informed on Wednesday that the World Bank has issued a notice regarding irregularities in the company’s Africa business.The stock crashed nearly 12 per cent intraday to Rs. 415.10 on the BSE.

The company received ANDA approval from the USFDA for Solifenacin Succinate Tablets, 5 mg and 10 mg to market a generic version of Vesicare Tablets, 5 mg and 10 mg, of Astellas Pharma US, Inc.

Shares of Lime Chemicals slumped 4.87 per cent to Rs. 21.50 hitting the lower circuit on Wednesday after the company suspended the operations at Roha factory.

Amid sagging economy, the government has acknowledged that the Indian economy has entered its worst phase since the 2008 global financial crisis and thus needs utmost attention.

Dilip Buildcon Limited has received Provisional Completion Certificate for the project ‘ Rehabilitation and Upgradation of Eeppurupalem- ongole section from 195 km to 254.50 km/design ch. 184.910 km to 242.784 km of NH- 214A (New 216) to two lane with paved shoulder in the Andhra Pradesh State under NHDP-lV on EPC basis.

Following stocks are close to their 52-weeks low as at 12:40 p.m. on August 28, 2019.

The markets on August 28, 2019 opened gap down. BSE Sensex is trading at 37,436.16, down by 205.11 points and the Nifty is trading at 11,039.20, down by 66.15 points.