In the recent monetary policy review meet, RBI hiked repo rates by 25 basis points and adjusted the reverse repo rate under the LAF to 6 per cent. The marginal standing facility (MSF) rate and the Bank Rate is now 6.50 per cent.

Following stocks are close to their 52-week low as at 12.56 p.m. on June 7, 2018.

The markets on June 7, 2018 opened gap up. BSE Sensex is trading at 35,552.41, up by 373.53 points and the Nifty is trading at 10,795.60, up by 110.95 points. 

PVR on Thursday announced the launch of a 5 screen multiplex at Vellore, Tamil Nadu. 

Videocon Industries was locked in a lower circuit in early morning trade on Thursday following the news that the National Company Law Tribunal (NCLT) admitted a plea from lenders to initiate a resolution process.

Overall volumes in futures & options currently stand at 87.66 lakh contracts with a turnover of Rs. 8,29,823.12 crore.

Overall volumes in futures & options currently stand at 87.66 lakh contracts with a turnover of Rs. 8,29,823.12 crore.

Continuing its upward streak, HCL Infosystems gained more than 3 per cent in early morning trading session on Thursday. The company informed that its distribution agreement with iPhone maker Apple will be terminated in March 2019.

Going ahead, immediate resistance is placed around the level of 10,734 which happens to be 61.8 per cent retracement level of the entire down leg of 10,929-10,418, and the next resistance is placed around the level of 10,770. Stocks in news: Sadbhav Infrastructure Projects, Lemon Tree Hotels, Hindustan Construction, Quess Corp, Majesco, Syndicate Bank, BEPL, Goldstone Infratech and HCL Infosystems.

Today, the start is likely to be on a positive side tracking firm global cues. The trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty may witness a gap-up opening of 51 points at 10,746.