Overall volumes in futures & options currently stand at 1.01 crore contracts with a turnover of Rs. 9,05,673.15 crore.

Overall volumes in futures & options currently stand at 1.01 crore contracts with a turnover of Rs. 9,05,673.15 crore.

Low of 11,092 would be seen as a crucial support level and any cool off around this level should be used as an incremental buying opportunity as the structure of the index remains very much intact. Stocks in news: Dish TV, NTPC, REC, ICICI Bank, JSW Steel, Infosys, and PNB. 

Today, the start of the F&O expiry session is likely to be flat to positive and with the progress of trade volatility can be seen. The SGX Nifty, which was trading up by 27 points at 11,164, indicated that domestic bourses may witness marginal higher opening. Among Nifty 50 companies, Bharti Airtel, Dr Reddy’s Laboratories, ITC, Maruti Suzuki India and Yes Bank will announce their results today.  

The PAT for the quarter came in at Rs. 35.9 crore, yoy decline of 73.2 per cent. This was due to one-time gain of Rs. 129 crore in the corresponding quarter of last year. On QoQ basis, net profit declined marginally by 3.1 per cent. 

The company reported strong earnings led by robust performance of steering business. The company has seen strong demand for both steering and die-cast products from Indian customers.

PVR Limited on Wednesday announced opening a 4 screens multiplex at Garuda Mall in Mysuru. With the opening of this multiplex, the company now crossed 160 screens mark in Southern India. 

Bharti Infratel, the mobile tower arm of telecom bellwether Bharti Airtel,  on Wednesday said that it has received clearance from the stock exchanges for its merger with Indus Towers.  

During Q1FY19, the company won new orders worth Rs. 36,142 crore at the group level, recording a growth of 37 per cent, with pick-up in domestic ordering activity during the quarter.

For the mid-cap and small-cap indices, the year 2018 has not been as pleasant as we would like it to be. The boarder market indices Nifty Midcap 100 and Nifty Smallcap 100 have taken a major beating this year. These indices have fallen by 13% and 21%, respectively in the last six months.