Overall volumes in futures & options currently stand at 47.45 lakhs contracts with a turnover of Rs. 3,30,070.97 crore.

Overall volumes in futures & options currently stand at 47.45 lakhs contracts with a turnover of Rs. 3,30,070.97 crore.

The immediate resistance is placed around the level of 11,467, which is the 50-DMA for the Nifty, followed by the 11,550 level. On the downside, the level of 11,300 is likely to act as a support level for the Nifty, followed by the 100-DMA, which is placed around 11,142. Stocks in news: Cipla, Saregama, Welspun Enterprises, Godrej Industries, Bharti Airtel, Alkem Laboratories, Sundaram Clayton, TRF.

Judging by the early action in SGX Nifty, it appears that stocks at Dalal Street will roar out of the gate in today’s trading. At the time of writing, the SGX Nifty had surged over 2.5 per cent. The earnings on the tap for the day are BPCL, HPCL, Bharat Forge, Torrent Pharma and UBL.

The stock of Larsen & Toubro Infotech Ltd has given downward sloping trendline breakout on the weekly time frame, along with relatively higher volumes.

Hexaware Technologies Ltd was picked by our Bollinger Band squeeze scanner on the weekly time frame, which suggests that the stock is close to a consolidation breakout.

The stock had formed a Dragonfly Doji candle on the weekly scale. The Dragonfly Doji is typically interpreted as a bullish reversal candlestick pattern that mainly occurs at the bottom of downtrends.

The USFDA has conducted an inspection at Alkem Laboratories’ manufacturing facility situated at Baddi, Himachal Pradesh from May 13 to 17, 2019.

Financial plan is one of the most important documents that everyone must draw up. However, at times there is a need to revisit your financial plan. Here is when you should consider revisiting it...

Intellect Design Arena (IDA) is a global leader in Financial Technology for Banking, Insurance and other Financial Services.