Overall volumes in futures & options currently stand at 1,12,64,607 contracts with a turnover of Rs.7,63,021.64 crore.

Overall volumes in futures & options currently stand at 1,12,64,607 contracts with a turnover of Rs.7,63,021.64 crore.

In case Nifty falls below the level of 11,770, it may test the 11,600 mark in the near term. To move upside, the bulls need to move above the 20-DMA once again and sustain for at least two to three days. Only then, the bulls will gain confidence. Stocks in news: BHEL, Elecon Engineering Company, PG Electroplast, FDC, Divi’s Laboratories, Symphony, Coromandel International, Voltas.

The Indian markets may begin the fresh week on a flat note as in early trade, the SGX Nifty is trading almost unchanged at the level of 11,832.

The stocks to keep a watch on June 17 are Mahindra & Mahindra, Biocon, TATA Communications, Aurobindo Pharma and Laurus Labs.

The stock of Rites Limited has given downward sloping trendline breakout on the daily time frame, along with relatively higher volumes. Additionally, the stock had formed opening bullish Marubozu candle on breakout day, which adds strength to the breakout.

Essel Propack Limited was picked by our Bollinger Band squeeze scanner which suggests that the stock is near a consolidation breakout.

Leading software company Hexaware has acquired Mumbai-based digital consultancy company Mobiquity for consideration of approximately US$182 million.

Tata Communications International, a wholly-owned subsidiary of Tata Communications in Singapore, has divested its 26 per cent stake in STT Tai Seng.

Following stocks are close to their 52-weeks low as at 3:11 p.m. on June 14, 2019.