The zone of 11,980-12,000 will continue to act as a resistance zone. A decisive move above this zone will open up gates for the bulls towards the all-time high levels. On the downside, the levels of 11,870, followed by 11,770, are the crucial support levels for the Nifty. Stocks in news: Reliance Industries, Yes Bank, HCL Technologies, DHFL, Trigyn Technologies, Avenue Supermarts.

In early action, the SGX Nifty is seen trading near the dotted line, which indicates that the Indian markets are likely to lack a clear direction and trade within a confined range throughout the day.

State-owned defence manufacturer Bharat Dynamics Limited gets a contract of Rs. 1,187.82 crore to supply heavyweight torpedoes. This contract is planned to be executed in the next 42 months.

The stock of Finolex Industries Limited has given falling wedge pattern breakout on daily time frame. The breakout was supported by strong volumes.

The stock of Thermax Limited has given downward sloping trendline breakout formed by connecting swing highs from January 2018. This breakout was confirmed by the above 50-week average volumes.

The stocks those are likely to witness significant movement on the bourses on June 12 are Avenue Supermarts, Havells, Bharat Dynamics, Balaji Speciality and Tata Elxsi. 

The GST Council has decided that from January 2020 all taxpayers shall be filing Form GST RET-01 as Form GSTR-3B will be completely phased out. To help with the transition, a prototype offline tool has already been shared on the portal to familiar users.

Non-convertible debentures (NCDs) of various troubled companies are offering attractive returns. Read on to know if you should invest in them.

Following stocks are close to their 52-weeks low as at 2:27 p.m. on June 11, 2019.

BHEL gains over 2 per cent on bagging Rs 440 crore order