Overall volumes in futures & options currently stand at 3.19 crore contracts with a turnover of Rs. 19,97,209.25 crore.

The benchmark index BSE Sensex rallied during the early morning session surging up by more than 265.53 points or 0.70 per cent to hit a high of 38,020.42 on Friday. Private banking stocks were contributing most to the rally.

Overall volumes in futures & options currently stand at 3.19 crore contracts with a turnover of Rs. 19,97,209.25 crore.

Nifty may try to come off overbought condition and, in the process, it may cool off for some time. Nifty outlook remains positive as there are no clear downward signals. For intra-day, the level of 11,300 is likely to act as an immediate support, followed by 11,270. On the upside, the level of 11,385, which is 78.6 per cent retracement of decline from August to October, is likely to act as a stiff resistance. Stocks in news: Reliance Industries, Tech Mahindra, IDBI Bank and EMAMI.

In early action, the Nifty future traded on the Singapore Exchange known as SGX Nifty is seen hovering near the flat line, which is in line with our call of the day that the benchmark indices may consolidate and struggle for direction as markets continued to remain overbought on key indicators. At the time of writing, the SGX Nifty was trading 5 points higher at 11,390.

Jaguar Land Rovers (JLR) voluntarily recalled nearly 44,000 cars in the UK as they were emitting higher than certified levels of carbon-dioxide (CO2) emissions.

The Board of Directors held a meeting today in which they approved the proposal for buyback of approximately 16,37,500 fully paid-up equity shares of the company with a face value of Rs. 10 each for an aggregate amount not exceeding Rs. 262 crore.

India is likely to raise prices of domestic natural gas for the 4th consecutively time. This will bolster the earnings of the producers of natural gas.

The prospects of the cement industry in India seem to be mixed with their fair share of positives and negatives in 2019. This outlook is shared by two major cement players, namely – ACC Ltd. and Ambuja Cements Ltd.

The stocks that are likely to witness significant movement on the bourses on March 15 are, Eclerx, Bank Of India, Asian Granito, Wipro and Reliance Infra.