Overall volumes in futures & options currently stand at 1,13,10,122 contracts with a turnover of Rs.7,79,765.92 crore.

Overall volumes in futures & options currently stand at 1,13,10,122 contracts with a turnover of Rs.7,79,765.92 crore.

In the coming sessions, the previous week’s low of 11,625 would be a key support level to keep a watch on, as holding above this support level would keep the positive options open. Stocks in news: BHEL, Network 18 Media & Investments, Reliance Infrstructure, Dr Reddy’s Laboratories, MBL Infrastructures, Glenmark Pharmaceuticals.

The Indian markets are expected to start the week near the dotted line as SGX Nifty indicated Nifty to open around 11,759 level, up by 5 points. Volatility is likely stay elevated for the week on the back of F&O expiry during the week as well as forthcoming G-20 Summit.

New Fund Offers (NFOs) that are open for subscription.

The industry has registered high demand from mainly South India where the companies like Ramco Cements and Sagar Cements have major exposure.

Indian rupee ended weaker against the US dollar on Friday due to fresh dollar demand from banks and importers.

Mahindra and Mahindra Finance through its subsidiary Mahindra Asset Management Company Private Limited enter into a joint venture with Manulife to expand the quality and quantity of fund offerings and also for retail fund penetration in India.

The shares of Piramal Enterprises rose almost 3 per cent intraday after the company’s arm decided to make investments to expand their US facility.

Major Indian automaker Tata Motors informed about revision of credit rating by Moody’s. The global rating agency has downgraded Tata Motors credit rating.