On the options’ front, 15,800 Call has seen massive addition of open interest of over 75 lakh shares while 15,800 Put witnessed the unwinding of nearly 18 lakh shares. The 15,700 Call option also saw the addition of 27 lakh shares. Meanwhile, Max Pain stood at 15,800 level.

Ducon Infratechnologies Limited has informed the bourses that in a reverse auction conducted for flue gas desulphurisation system (FGD) package for Muzaffarpur Thermal Power Station, Stage – II (2 x 195 MW), Kanti, Bihar by NTPC Limited, where Ducon’s proven wet limestone FGD technology would be deployed, its partner EPC organisation has emerged as the lowest bidder (L-1). 

The market opened in red on July 08, 2021.

The market opened in red on July 08, 2021, overall volumes in futures & options currently stand at 4,75,54,913 contracts with a turnover of Rs. 46,48,961.06 crore.

The market opened in red on July 08, 2021, overall volumes in futures & options currently stand at 4,75,54,913 contracts with a turnover of Rs. 46,48,961.06 crore.

The good news for the IT stock investors is that the strong deal win momentum of FY21 is expected to continue this fiscal. The pandemic has resulted in increased cloud adaption, which is expected to keep the sector’s deal pipeline robust.  

PNB Housing has hit the upper limit of the day as PNB told its subsidiary, PNB Housing Finance to reconsider its contentious Rs 4,000 crore deal with Carlyle Group and carve out an alternate capital raising plan that is compliant with the rules of SEBI.   

Banking stocks will be in focus today along with Bajaj Healthcare, Kohinoor Foods, Kalyan Jewellers. 

The broader market indices relatively outperformed the frontline indices as Nifty Midcap 100 and Smallcap 100 added 0.66 per cent and 0.62 per cent, respectively. The stock-specific action is likely to continue on D-Street.

The following stocks will be in focus during Thursday's trading session in light of their Q1FY22 results announcements: TCS, Shyam Metalics & Energy, and Gammon Infrastructure Projects.