DSIJ Mindshare

At the time of writing, SGX Nifty was trading with a modest gain of 4 points at the 11,058 level.

Rating agency Fitch Ratings has revised the outlook on Reliance Industries Limited's (RIL) long-term local-currency Issuer Default Rating (IDR) to positive from stable and has also affirmed the rating as 'BBB'.

The stocks to watch out on August 19 include Lupin, Godfrey Phillips, Hero MotoCorp, Info Edge and Reliance Industries.

The rupee sentiment was buoyed with Commerce Secretary Anup Wadhawan’s report that exports growth of the country in the current fiscal is likely to be in double-digits despite the challenging situation both on the external and internal fronts.

The stock of Jain Irrigation closed at Rs. 21.75 per share, down by 2.68 per cent on weak topline and bottomline numbers.