Stock markets in India are likely to take a breather on the back of sell-off seen in the Asian markets. This was on the backdrop of the Trump administration releasing a list of 10 per cent tariffs on additional US$200 billion of Chinese products, marking a sharp escalation in a trade war between the world’s two largest economies. Nifty 50 index future on the Singapore stock exchange is currently trading with a loss of 25 points at 10,933.   

The total revenue for the quarter grew by 15 per cent QoQ to Rs 29,368 crore in Q1FY19 as against Rs 25,570 in Q4FY18. The constant currency growth stood at Rs 9.3 per cent YoY and 4.1 per cent QoQ. The BFSI vertical growth accelerated to 3.7 per cent QoQ and 4.1 per cent YoY.

The stocks that are likely to witness significant movement on the bourses on Wednesday, July 11, are Tata Consultancy Services, IndusInd Bank , Punjab National Bank , Kridhan Infra Limited and Bank Of Baroda.

An abrupt hike in the price of drugs by pharma companies was slammed by US President, Donald Trump in his tweet wherein he specifically commented on Pfizer. Most of the pharma shares listed on Indian exchanges traded in the red during Tuesday’s trading session.

Every mutual fund investor wants to move forward wisely in the current market situation. Each and every investor is trying to minimise their risk exposure and maximise and safeguard returns. For this investors are looking at various options available currently in the mutual fund industry.

Nila Infrastructure has received a work order of Rs. 53.84 crore from Adani Group's Shantigram Estate Management.

Stocks of PNC Infratech construction engineering company surged 3 per cent post the news that the company has received two Engineering, Procurement and Construction (EPC) orders of the Purvanchal Expressway in Uttar Pradesh.

Tata Motors, automobile company promoted by Tata Sons reported Group’s global wholesales number inclusive of Jaguar for June 2018. The company posted a 12 per cent rise at 1,00,135 units as compared to the corresponding month of the last year. The stock of Tata Motors is trading higher by 0.6 per cent from the previous close.

Following stocks are close to their 52-week low as at 12.37 p.m. on July 10, 2018.

The markets on July 10, 2018 opened gap up. BSE Sensex is trading at 36,180.79, up by 246.07 points and the Nifty is trading at 10,927.80, up by 74.90 points.