Among stock-specific action, CL Educate, Aurionpro Solutions, and MTNL are some of the stocks, which are locked in the upper circuit.  On the derivative front, we are observing long build-up today in stocks such as Pfizer, CONCOR, Cummins India, Coforge, Siemens, etc. While short were formed in SBI Life, Mphasis, ICICIPRULI, Torrent Power, MindTree, etc.   

The market opened in green on March 12, 2021.

The market opened in green on March 12, 2021, overall volumes in futures & options currently stand at 7,42,44,816 contracts with a turnover of Rs. 72,55,788.84 crore.

The market opened in green on March 12, 2021, overall volumes in futures & options currently stand at 7,42,44,816 contracts with a turnover of Rs. 72,55,788.84 crore.

MAN Infraconstruction Ltd, a leading real estate construction & infrastructure services company announced on Friday that it is launching a new project in Mumbai.  

On Thursday, Infosys Limited informed that its business process management arm namely, Infosys BPM, extended its strategic collaboration with Newmont Corporation, which is the world's largest gold mining company, to standardise and digitise delivery models across mine sites. 

Speaking with DSIJ, Mr. Amit Kaushik, CFO and CEO of INFLAME India indicates, the company’s unwavering focus on innovation is what has kept it on the growth path

Rossell India: The board of the company discussed the overall performance of Aerotech Services Division of the company. After discussion, it was felt that in view of the expiry of the existing agreements, entered into by the said division, by March 31, 2021, the said division of the company may be discontinued and closed down.

The daily RSI is forming an inverted head & shoulders pattern. Watch out for the level of 60 closely as a move above this level will lead to a resumption of an uptrend after a decent consolidation.  Bollinger Bands are still moving at a parallel distance. As Nifty is above the 20-DMA, be with a positive bias as long as it trades above it. The MACD histogram shows that the bearish momentum has declined significantly.  

According to history, the market trend only about 30 per cent of the time and the remaining 70 per cent moves in a range. Use this historical fact as an advantage and apply short straddles for profitable trading. You can adjust the short straddle into strangle at a later stage by exiting the profitable position and hedge the loss-making option.