The defence PSU's order book in FY19 and Q1FY20 is hinting very positive sentiments for the next few quarters. Hyderabad-based public sector enterprise, Bharat Dynamics can be expected to see in hand order size of around Rs. 25,000 crore till FY23.

Larsen & Toubro Infotech (LTI) has entered a definitive agreement to acquire Lymbyc Solutions, a specialist Artificial Intelligence (AI) and machine learning company headquartered in Bangalore.

The index needs to move above the Tuesday session high of 11,670 to maintain the bullish momentum and it may extend its current upmove towards the levels of 11,725-11,735. On the downside, the level of 11,635 would act as an immediate support level for the index. Stocks in news: Tata Power, BHEL, KNR Construction, Sadbhav Infrastructure Project, TCS, NTPC, Vikas WSP.

At the time of writing, the SGX Nifty was trading down by 13 points at the 11,633 level. Results to watch out for include Mindtree, Wipro, Tata Elxsi and Yes Bank.

The stocks that would be in focus during Wednesday’s trading session in light of their results announcement include Aditya Birla Money, Mindtree, Tata Elxsi, Wipro and Yes Bank.

KNR Construction has secured a work order worth Rs. 847.34 crore from Navayuga Engineering Company Limited, Hyderabad on back to back basis for the balance work of Palamuru Rangareddy Lift Irrigation Scheme.

The stocks that are likely to witness significant movement on the bourses on July 17 are PVR, HDFC, NTPC, KNR Constructions and Network18.

The stock of Dabur India Limited gives consolidation breakout on the daily time frame along with relatively higher volumes.

Indian equity markets headed northwards as major stocks from all sectors except IT and Media moved upwards on Tuesday. The BSE Sensex closed at 39,131.04, up by 234.33 points or 0.60 per cent, while Nifty50 closed at 11,661.05, up by 72.70 points or 0.63 per cent.

Following stocks are close to their 52-weeks low as at 1:00 p.m. on July 16, 2019.