In the coming session, we expect the bias to remain positive as long as Nifty sustains above the 11,970 mark. Thus, intra-day cool-off towards 12,030-12,000 should be used as a buying opportunity. On the higher side, the level of 12,155, followed by 12,200, would be seen as the next resistance zone for the index. Stocks in news: Lemon Tree, Dr Reddy’s Laboratories, Wipro, Zensar Technologies, GE Power India, Saregama India, Mahindra & Mahindra, TCS.

After a scintillating rally seen in the previous trading session with both the key benchmarks logging fresh all-time high, the benchmark indices may take a breather today at the opening bell as indicated by the SGX Nifty in early action. At the time of writing, SGX Nifty was down by 39 points at 12,079 levels.

As automakers reported their sales figures for the month of May, the Nifty Auto index increased by 1.87 per cent despite a weak performance by many companies. In general, the sales figures for May was at a 5-month low.

Following stocks are close to their 52-weeks low as at 4:15 p.m. on June 3, 2019.

The stocks those are likely to witness significant movement on the bourses on June 4 are Eicher Motors, Cadila Healthcare, Tata Consultancy Services, Triveni Engineering & Industries and SMS Lifesciences.

CEAT has signed a Power Purchase Agreement (PPA) with Greenzest Solar for the supply of electricity by Greenzest to the company. The company will invest Rs. 5 crore in Greenzest.

The markets on June 3, 2019 opened up. BSE Sensex is trading at 40,267.62, up by 553.42 points and the Nifty is trading at 12,088.55, up by 165.75 points. 

The benchmark indices close at record highs. The BSE Sensex closed at 40,267.62, up by 553.42 points, while Nifty50 closed at 12,088.55, up by 165.75 points or up by 1.39 per cent each. 

Premier Explosives Limited has received an order from the Ministry of Defence, Air Headquarters, New Delhi. Post this development, the stock gained by 7.42 per cent.

Bajaj Auto has put aside its plans to transfer stake in its joint venture with KTM and has agreed to develop 48 volt electric two-wheeler platform with the company.