Technically, we need to wait till Nifty closes above the 200-DMA (11167) to gain positive strength. A close above the 200-DMA will open up for an upmove towards the level of 11,245, followed by 11,350. On the downside, the level of 10,980 level can be seen as a support level. Stocks in news: Bharti Airtel, Reliance Industries, SMS Pharmaceuticals, Sonata Software, Torrent Pharmaceuticals, Praj Industries, AIA Engineering, IRB Infrastructure, Indoco Remedies.

At the time of writing, SGX Nifty was higher by 27 points at the 11,117 mark.

CSB Bank Limited which is based in Kerala along with having presence in Tamil Nadu, Karnataka and Maharashtra has filed its DRHP with SEBI.

United States Food Administration (USFDA) conducted an inspection at Natco Pharma’s facility located in Mekaguda Village near Hyderabad. Post completion of the inspection, USFDA issued six observations.

Reliance Jio Infocomm Limited (Jio) which is a subsidiary of Reliance Industries Limited and Microsoft Corp have formed a strategic relationship with the aim of accelerating digital transformation in the Indian economy and society.

The stock of Orient Electric has given downward sloping trendline breakout on weekly scale.

Sun Pharmaceutical Industries was picked by our Bollinger Band squeeze scanner which suggests that the stock is near a consolidation breakout.

Unichem Laboratories has announced that the company has received USFDA approval for Chlorthalidone tablets. The product will be commercialised from Unichem's Ghaziabad plant.

The stock of Muthoot Finance has given downward sloping trendline breakout formed by connecting swing highs from June 2019.

Reliance Industries' Chairman Mukesh Ambani announced the launch of Jio Gigafiber services from September 5. The base plans offers internet speed 100 mbps at Rs. 700 per month.