DSIJ Mindshare

The outlook for the Indian markets is a flat start with a positive bias. At the time of writing, SGX Nifty was trading higher by 15 points at 11,917 level.

The stocks to watch out on July 2 include TATA Teleservices (Maharashtra), Alembic Pharmaceuticals, Nitin Spinners Ltd., SML Isuzu, SpiceJet and Zensar Technologies.

The major revenue of Pokarna comes from the US markets (nearly 98 per cent) and quartz contributes nearly 68 per cent to overall revenue. The United States International Trade Commission (USITC) has determined a reasonable indication of material impact on the US market owing to the import of quartz from India and Turkey which may lead to the imposition of anti-dumping duty on quartz.

Indian equity market gained handsomely following global cues. The governments of US-China agreed to set aside newly proposed trade tariff hikes and continue to resolve trade difference through talks. The news was cheered by Indian investors.

Hyderabad-based construction company NCC made a stock exchange filing notifying about its fresh order book for the June 2019, on Monday.