Ramco Systems, has won order multi-million-dollar software deal from AP Cargo Logistic Network, Philippines. The stock opened on a positive note, traded higher washing off two days' losses, but witnessed a retreat and closed just 1.3 per cent higher.

Hindustan Unilever, the holder of Kwality Wall’s and Magnum brands, signed an agreement to acquire brand ‘Adityaa Milk’ to increase its penetration into Ice-Cream and Frozen Desserts business. The stock of HUL shed 1.7 per cent at 15:15 hours after witnessing Open-High at Rs. 1,764.95 per share in Monday’s trade.

Great Eastern Shipping, the second largest shipping company by market capitalisation as recently signed a contract to purchase secondhand gas carrier. The carrier is very large of nearly 81,605 cbm and that the 2006 built vessel is likely to join GE Shipping’s fleet in the second quarter of FY19.

The stock of generic drug manufacturer Glenmark Pharma halts after posting seven consecutive days of uptrend. Glenmark and Harbour BioMed entered into an agreement to develop, manufacture and market a bispecific antibody GBR 1302 for treating HER-2 Positive Cancers for Greater China territory.

Motherson Sumi has completed acquisition of Reydel through a step-down subsidiary of the company. The stock of Motherson Sumi halted its three-day losing streak and bounced back more than 1.5 per cent on Friday. Recently, after a bounce from 274, the stock witnessed resistance breakouts at 308 followed by 316 and 325.

S&P BSE 200 index opened with a gap-up on Monday, followed by a gap filling but ultimately bounced back to close in green at its peak levels. The index had given a multiple resistance breakout near 4,750 and since then has hit higher high with just one breather in between. 5 BSE 200 stocks hit 52-week high on Monday.

When the benchmark indices along with few sectoral indices are on the gaining spree and hitting all-time highs, Nifty Energy and Nifty Private Bank were not an exception to it. Nifty Energy index hit all-time high at 14,737 for the first time after January 23, 2018 and Nifty Private Bank hit its peak at 15,542 for the first time after January 29.

ITC, engaged majorly in cigarette making zooms more than 5 per cent in Friday’s trade after it posted robust Q1 results on Thursday post market hours.The stock witnessed a breakout in a range of 250 to 290 depicted by a significant Bullish Candle, huge volumes and 14-period RSI surge from 53 to 71 on weekly time frame.

Considering the monthly time frame, Mid-cap index has bounced back from near the 50 per cent retracement of the prior upward rally and registered its third consecutive uptick on daily time frame. 15750-15790 will act as major resistance may be for giving bottoming out signal. 17030-17060 will act as trend reversal.

Reliance Capital’s subsidiary, Nippon Life Insurance announced its financial performance for Q1FY19 on Tuesday where it posted persistency and premium growth. The stock of Reliance Capital surged nearly 4 per cent, registering its third consecutive uptick after consolidating for a while at its 52-week low level.