Indian ethnic wear is a large segment in the Indian fashion market and with this partnership, ABFRL would further enhance its presence on this segment.

JB Chemicals & Pharmaceuticals has entered into a Memorandum of Understanding (MoU) with Greenscape Builders & Developers. Shares of the company however closed on a negative note.

The stock of Gujarat State Petronet Limited (GSPL) has given downward sloping trendline breakout on the daily scale formed by connecting swing highs from August 8, 2018.

ICICI Securities Limited was picked by our Bollinger Band squeeze scanner which suggests that the stock is near a consolidation breakout.

US Food and Drug Administration (USFDA) has completed the inspection at Natco Pharma’s Chennai unit. The shares of the company rose almost 2 per cent on the back of the news in the early trade but failed to sustain the gains and fell in the afternoon session.

The stocks to watch out on July 16 include Aditya Birla Fashion and Retail, J. B. Chemicals, Greaves Cotton, Ashok Leyland and DHFL.

The fund deployment data from SEBI shows that MFs have increased their stake in banks while reducing their holdings in the petroleum product sector.

Following stocks are close to their 52-weeks low as at 2:22 p.m. on July 15, 2019.

The markets on July 15, 2019 opened gap up. BSE Sensex is trading at 38,898.87, up by 162.64 points and the Nifty is trading at 11,587.75, up by 35.25 points. 

The companies like IndusInd and Avenue Supermarts reported a strong set of sales numbers while CCL Product’s net sales dipped 7 per cent YoY. Further, Delta Corp and Hathyway Cable showed flat and marginal growth, respectively.