Post SEBI’s circular about the categorisation and reclassification many of fund houses have now standardised the scheme structure to adhere to the new norms. With the implementation of these changes, now investors can look forward to standardizing the structure of funds within a particular category. 

Overall volumes in futures & options currently stand at 59.32 lakh contracts with a turnover of Rs. 5,40,038.38 crore.

Overall volumes in futures & options currently stand at 59.32 lakh contracts with a turnover of Rs. 5,40,038.38 crore.

The company's US subsidiary has received FDA approval for Oseltamivir Phosphate Capsules, prescribed for the treatment of viral influenza.

Going ahead, the zone of 10,835-10,850 will continue to offer stiff resistance and a decisive move above this zone may lead to further upside up to the levels of 10,920-10,935. On the way down, supports may come in at 10,750, followed by 10,730. Stocks in news: Infosys, ICICI Bank, Fortis Healthcare, Strides Shasun, Orchid Pharma, Kridhan Infra, Usha Martin and KDDL.

Indian equity benchmarks are likely to make a cautious start as investors are all eyes on the historic meet between US President Donald Trump and North Korean leader Kim Jong-Un. The Nifty 50 index futures on the Singapore stock exchange is currently trading with modest loss of 5 points at 10,787.  

The stocks that are likely to witness significant movement on the bourses on Tuesday, June 12 are Chambal Fertilizers & Chemicals Limited, Pudumjee Paper Products Limited, Infosys Limited, Shoppers Stop Limited, Tata Power Company Limited and Ajmera Realty & Infra India Limited.   

Reliance Brand is a trader and supplier of menswear and the company has acquired Rhea to foray into children and expectant mother clothing. On Monday, shares of Reliance Industries had hit 999.50 levels after a positive opening, but retreated with the markets to close flat to negative.

Markets had opened positive and had hit psychological resistance levels but couldn’t sustain and turned back. All the sectoral indices were trading in green except for Realty and Metal which turned subdued in the morning session only after a positive start. 

The share price of Welspun Corp surged by about 4 per cent in Monday’s trade session as the company won an order for the supply of API Pipes. The company has bagged contracts for the supply of 72 KMT of API pipes to American markets.