Going ahead, any slip below the Friday’s session low of 10,925 would increase the likelihood of Nifty testing its 200-day moving average, which currently stands at 10,855 level.  On the upside, it would be crucial for the index to move past the level of 10,950 once again to avoid weakness. Stocks in news: Indusind Bank, Essel Propack, Engineers India, Voltas, Reliance Power, Dr Reddy’s Laboratories, Lupin, Cipla, REC and Prakash Industries.

Indian markets may open flat to negative on Monday as cues from Asian peers are lacklustre, while the Wall Street closed mixed on Friday. The SGX Nifty suggests that Nifty may open around 10,922, down by 24 points. 
  

After taking support near 50-week SMA, the stock bounces sharply and forms bullish engulfing candle on weekly scale, which suggests bulls were in dominant position.

The following stocks would be in focus during Monday’s trading session considering their results announcement on February 11: Amara Raja Batteries, Andhra Bank, Eicher Motors, Rico Auto, Sinclairs Hotels

Dabur India Limited has formed a Doji candle after forming a sizeable bullish candle in the weekly time frame.

The level of the index has reached near the resistance zone and the momentum indicators are in the overbought zone, but the reversal is yet to be confirmed.

The asset under management of the domestic mutual fund industry grew by 2.2 per cent on a yearly basis. Read on to find how different categories have grown.

Bharti Airtel informed bourses that its subsidiary, Airtel Networks Kenya Limited (Airtel Kenya) has entered an agreement with Telkom Kenya Limited (Telkom Kenya) for merging their respective Mobile, Enterprise and Carrier Services businesses in Kenya to operate as - 'Airtel- Telkom'.

VIP Industries reported its results for the quarter ended December 31, 2018 on Friday during market hours. The company's consolidated revenue for the quarter came in at Rs. 430.09 crore as against Rs. 337.99 crore in the corresponding quarter last year, registering 27.2 per cent yoy increase.