Indian markets may start the fresh week with a negative bias as SGX Nifty is trading with modest losses of 12 points at 12,118 levels. Currently, we believe the market could trade in a range between 12,000 and 12,240 till the time there is a greater clarity on Chinese pandemic.

Dilip Buildcon Limited (DBL) has received a Letter of Acceptance (LoA) from Airports Authority of India (AAI) for an Engineering, Procurement and Construction (EPC) project in Gujarat.

New Fund Offers (NFOs) that are open for subscription.

Brent Crude and WTI Crude oil prices continue to increase as the investors shift their focus on a possibility of more supply cuts by the oil producers.

Vodafone Idea, Bharti Airtel and Tata Teleservices had previously filed modification applications on the time schedule for making payments of over Rs 1 trillion which the companies owe to Department of Telecommunications (DoT) as Adjusted Gross Revenue (AGR) dues.

Talking about the crucial levels to watch out in the coming week, the zone of 31,440-31,650 on the upside will be a major hurdle for the index. While, on the downside, the zone of 30,810-30,630 will be a crucial support for the index as it is the confluence of 50 per cent Fibonacci retracement level of its prior upward move (29,612.55-31,649.45) and 100-day EMA level.

The stock of Pfizer Limited has formed a shooting star candlestick pattern on the weekly time frame. The shooting star candlestick formation is viewed as a bearish reversal candlestick pattern, which typically occurs at the top of an uptrend.

The result season of December quarter has almost ended. Here is a list of Nifty constituents which are top revenue & Profit after Tax (PAT) earners of this quarter.

The stock of Bhageria Industries Limited has given a downward sloping trendline breakout on the weekly time frame, which is formed by connecting swing highs from November 2016. This breakout was confirmed by above 50-week average volumes. 

Adani Transmission Limited has been picked up by our Bollinger Band Squeeze scanner, which suggests that the stock is near a consolidation breakout.