Overall volumes in futures & options currently stand at 2,88,80,049 contracts with a turnover of Rs.19,43,857.18 crore.

Overall volumes in futures & options currently stand at 2,88,80,049 contracts with a turnover of Rs.19,43,857.18 crore.

The Nifty needs to get past its crucial resistance zone of 11,600-11,625. In case of failure to cross the hurdle of 11,600 on the upside, there would be extended consolidation in the range of 11,400-11,600 in the coming sessions. Stocks in news: Kernex Microsystems, Cox & Kings, Trigyn Technologies,Gravita, Salzer Electronics.

In the early action, the SGX Nifty is trading below the dotted line, down by 9 points at the 11,572 level. Hence, the outlook for the day is a subdued start as cues from Asian peers lack clear direction.

Media stocks were buzzing on Thursday following upgrade of credit rating for Dish TV and good set of quarterly numbers reported by GTPL Hathway.

Aurobindo Pharma has launched Cinacalcet Hydrochloride Tablets (30mg, 60mg and 90mg) in the US market. The shares of Aurobindo Pharma were trading 2 per cent higher on Thursday.

The stocks to look out on July 12 include HFCL, BHEL, Bharat Forge, Glenmark Pharmaceuticals and Tata Global Beverages.

Indian equity markets headed northwards as auto stocks rallied on Thursday. Positive global cues from the fact that the US Federal Reserve might cut interest rate also helped the rally.

Pune-headquartered crankshaft manufacturer, Bharat Forge Limited informed that its subsidiary, Kalyani Rafael Advanced Systems won US$100 million contract, on Thursday.

The feud between promoters of the InterGlobe Aviation is impacting its investors adversely. Read on to find the funds that get impacted worst and why we feel there is little chance of bounce back.