It has been observed that in the last couple of weeks, Nifty has been trading in the range of 10,700-10,837. On the charts one thing remains distinctly clear that unless this range is breached either on upside or downside, we will see each upmove getting stalled in the range of 10,830-10,840. Stocks in news: Infosys, Hindustan Unilever, Tata Communications, IDBI Bank, Relaxo Footwears, Majesco, PNB Housing Finance, IndusInd Bank and NMDC.

The outlook for the day is a quiet start and there are chances that the market may continue to exhibit sluggishness on account of continuing consolidation. The Nifty 50 index future on the Singapore stock exchange is currently trading with modest loss of 4 points at 10,751. 

Equity markets yet again ended in doldrums on Tuesday, repeating what it has been doing for the past four to five trading sessions. FMCG sector gained more than a per cent, while energy sector shedding 1.4 per cent, which led to a roller-coaster ride in the markets.

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Following stocks are close to their 52-week low as at 1.20 p.m. on June 26, 2018.

The markets on June 26, 2018 opened down. BSE Sensex is trading at 35,554.28, up by 83.93 points and the Nifty is trading at 10,789.15, up by 26.70 points.

In a bid to give relief to certain sectors which are being adversely affected by the GST regime, the government may plan to remove items including cement, paint, movie tickets from 28 per cent tax slab.

Mutual fund investors are looking at various smart investment ideas to generate better returns. The mutual fund arena offers a wide basket of the choices to the investors of which quant funds are one of the lesser known funds.

Overall, the robust and well-diversified order book gives the confidence that the company may deliver the growth target of 15-20 per cent for FY19.

The stock of Info Edge was buzzing on the bourses in the early morning session, post the announcement of an investment in the company which operates online marketplace for insurance and financial products, namely www.policybazaar.com and www.paisabazaar.com.