DSIJ Mindshare

The stock of Bata India Limited has formed a Dark Cloud Cover candlestick pattern on the daily time frame.

The consolidated order book as on June 30, 2019 stood at Rs. 24,918 crores and order inflows YTD FY20 came in at Rs. 4,300 crores. Also, the company has L1 position of around Rs. 2000 crore majorly in Transmission & Distribution business.

At the end of the session, the 30-share index Sensex lost 155.24 points or 0.40 percent to settle at 38,667.33, while, the 50-share index Nifty breached 11,500 levels intraday and closed at 11,474.45, down by 37.95 points or 0.33 per cent.

Glenmark Pharmaceuticals has received approval from the Ministry of Healthcare, Russia to market Montlezir. Shares of Glenmark, however, were trading 2 per cent lower at Rs. 325.15 in the afternoon session of Monday.

Chennai based private sector bank, Laskhmi Vilas Bank reported that the RBI has initiated the PCA plans against the bank, on Friday, market hours. The stock was locked in lower circuit at Rs. 34.75 in BSE.