In a significant development, Mahindra Group’s Mahindra Defence signed an agreement with Japan headquartered ShinMaywa Industries to set up manufacturing and assembling of structural parts and components for US-2 amphibian aircraft on Wednesday.

Following stocks are close to their 52-week low as at 12.58 p.m. on April 11, 2018.

HFCL announced that it has received an advance purchase order worth approximately Rs. 579 crore from Bharat Sanchar Nigam (BSNL) for building 2G GSM network in Assam.

The markets on April 11, 2018 opened flat. BSE Sensex is trading at 33,858.63, down by 21.62 points and the Nifty is trading at 10,385.05, down by 17.20 points. 

In the last one-month debt-income funds have seen exceptional returns which has tempted the investors to opt for them. In the last one month some of the income funds have offered more than 50 per cent of annualised returns.

With an aim to better serve the mutual fund industry, BSE has manage to convince all 37 mutual fund companies to pay a service charge for availing the benefits of its platform. 

Overall volumes in futures & options currently stand at 59.04 lakh contracts with a turnover of Rs. 5,22,640.99 crore. 

Overall volumes in futures & options currently stand at 59.04 lakh contracts with a turnover of Rs. 5,22,640.99 crore.

Equity markets are expected to open flat and take a breather after registering a scintillating rally in the last 3-4 trading sessions. Additionally, the Asian peers are trading in a capped range in the trade today. The SGX Nifty is pointing that Nifty may open flat at 10,425.  

On the upside, Nifty has strong resistance placed in the region of 10,440-10,450, and both the 50-SMA and 100-SMA stand at 10,438. Stocks in the news: Lemon Tree Hotels, Infosys, Dr Reddy Laboratories, HFCL, Oricon Enterprises and Star Cement.