ICICI Lombard has partnered with True Balance for providing financial inclusion for unbanked customers. Reacting to this, the stock of the company increased by Rs. 38.75 per share on Wednesday.

Following stocks are close to their 52-weeks low as at 2:28 p.m. on August 7, 2019.

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The company’s consolidated cement sales for July 2019 stood at 2,74,822 MT, up by 25.06 per cent compared to 2,19,748 MT sold in July 2019.

JSW Energy traded 3 per cent higher in the morning session on Wednesday post the company’s result announcement.

The markets on August 7, 2019 opened down. BSE Sensex is trading at 36,994.31, up by 17.46 points and the Nifty is trading at 10,942.20, down by 6.05 points. 

Rain Industries Limited’s subsidiary Rain Carbon Inc. has announced that its Board of Directors have approved the shutdown of its Uithoorn resins production facility in the Netherlands by the end of March 2020.

The central bank of India cut key policy rates during its monetary policy meeting on Wednesday. Reacting to this development, the Nifty Bank gained more than 100 points, but later slipped to trade at 28,075.30, up by 53.20 points or 0.19 per cent.

The Initial Public Offering (IPO) market is slowly catching up. The two IPOs open for subscription this week are receiving good response from investors.

Overall volumes in futures & options currently stand at 1,46,02,694 contracts with a turnover of Rs.9,66,435.49 crore.