Overall volumes in futures & options currently stand at 1,32,85,131 contracts with a turnover of Rs.8,98,331.92 crore.

The zone of 11,108-11,140 would be seen as a crucial support level as the swing low of May 2019 and 200-DMA is placed in the region. On the upside, the level of 11,320 is seen as a resistance level. Stocks in news: Infosys, Insecticides, Trigyn Technologies, Strides Pharma Science, Muthoot Finance, BEML, Coal India.

At the time of writing, the SGX Nifty was trading higher by 25 points at 11,236 level.

The Chandigarh-based automotive wheel rims maker Steel Strips Wheel Ltd informed in a stock exchange filing on Monday that it has won an export order worth Rs. 42 crore.

The stocks to watch out on July 30 include Strides Pharma Science Limited, Infosys, Castrol, Trident Limited and EID Parry.

The stock of Kansai Nerolac Paints Ltd has formed a bullish engulfing candle on the daily time frame near the upward sloping trendline support.

The country’s central bank RBI has allowed PNB Housing to borrow ECB up to USD 750 million annually under the automatic route. The company in its exchange filing said that in the coming months, it will further utilise the facility.

Tata Power Company’s wholly-owned subsidiary, Tata Power Renewable Energy (TPREL) has received LOA from GUVNL on July 25, 2019 to develop a 250 MW solar project in Dholera Solar Park of Gujarat. This capacity is in addition to 100 MW awarded by GUVNL earlier at Raghanesda Solar Park in May'19.

BEML Ltd was picked by our Bollinger Band squeeze scanner, which suggests that the stock is near a consolidation breakout.

Cipla’s wholly-owned subsidiary, Cipla Gulf FZ LLC, and Alvotech have entered into an exclusive partnership. The shares of Cipla were however trading lower post the news.