Fiberweb (India) Limited informed that the company has received new export order from the US market. The order is for value-added and Melt Blown products worth Rs. 2.3 crore. Company is in business of producing Spun Bond Non-woven fabric and its various converted products.

The markets on November 20, 2018 opened down. BSE Sensex is trading at 35,664.70, down by 110.18 points and the Nifty is trading at 10,718.00, down by 45.40 points. 

Kridhan Infra Limited's Singapore-based subsidiary Swee Hong Limited (SHL) has successfully won an order for construction of Link Sewers for the DTSS Phase 2 Project from the Public Utilities Board, Singapore. The project is worth Rs. 195 crore (SG$37.2 million).

Overall volumes in futures & options currently stand at 86.55 lakh contracts with a turnover of Rs. 5,08,453.47 crore.

Overall volumes in futures & options currently stand at 86.55 lakh contracts with a turnover of Rs. 5,08,453.47 crore.

The Bollinger Band Squeeze occurs when volatility falls to low levels and the Bollinger Bands narrow. A volatility contraction or narrowing of the bands can foreshadow a significant advance or decline.

On November 14, 2018, Bank Nifty came out of weekly contracting consolidation zone. On the weekly time frame, the index formed bullish candle carrying long lower shadow as on week ended November 16, 2018, and for the first time, it has closed above the 21-week exponential moving average (EMA) after September 21, 2018.

Going forward, the zone of 10,850-10,860 is likely to act as a stiff hurdle for the Nifty as the level of 10,858 is an upper gap hurdle. On the other hand, the level of 10,710 is likely to act as an immediate support level. Stocks in news: Kridhan Infra, Oil India, NMDC, PSP Projects, HEG, Usha Martin and Yes Bank.

Indian markets are expected to halt their three-day winning streak following the negative lead overnight from the Wall Street and turbulence in the Asian markets. The RBI board meeting ended on a cordial note. The SGX Nifty Index Future has slipped 32 points to 10,749, indicating soft start to the day.  

Stocks most likely to witness significant movement on the bourses on November 20 are DB Corp, B. L. Kashyap & Sons, PSP Projects, Oil India and Kridhan Infra.