Steel Strips Wheels (SSW) soared on the BSE by over 6.5 per cent on Monday as the company bagged another export order for supply of steel wheels for the European Caravan market.

The share price of Tata Global Beverages rose on the bourses on Monday on speculations surrounding the company’s acquisition of beverages company Hector Beverages and their brand Paper Boat.

Bank of Baroda, the public sector bank with 58.7 per cent government stake, surged more than 8 per cent influenced by the release of its Q3FY18 results at the end of last week. The bank succeeded in breaching its fifth consecutive day of consolidation with volume spurt.

CG Power Systems Indonesia, a wholly-owned subsidiary of CG Power & Industrial Solutions Limited, has won an order from Indonesian state utility PT PLN (Persero) for manufacturing and supply of 64 units of Power Transformers valued at IDR 744 billion (US$ 55 million).

Overall volumes in futures & options currently stand at 62.51 lakh contracts with a turnover of Rs. 5,28,108.82 crore.

ONGC Videsh, IOC and Bharat Petro Resources through a consortium acquire 10 per cent stake in Lower Zakum Concession, Abu Dhabi.

Overall volumes in futures & options currently stand at 62.51 lakh contracts with a turnover of Rs. 5,28,108.82 crore.

Going ahead, the zone of 10,380-10,400 is a crucial support level for the Nifty because, firstly, the 100-day EMA is placed in this region and, secondly, a trendline formed by joining lows of September 28, 2017 and December, 6, 2017 is placed around the 10,380-mark. Top stocks for the day: Oil India, Cadila Healthcare, Capacite Infraprojects, Ajanta Pharma, Tata Power, Bharati Defence and Infrastructure, Pidilite Industries, ONGC, NMDC, Dredging Corp, UCO Bank and Tata Motors.

Indian markets are likely to make a flat to positive start on the back of flat trading seen among Asian peers. The SGX Nifty suggests that the Nifty could open up by 26 points at 10,483 at opening bell.  

It is estimated that there are around 20-22 crore businesses and other entities in India that have dubious identities and are engaged in dubious transactions. The move to introduce PAN as a unique identity for these entities will bring them under the purview of the government authorities.