Overall volumes in futures & options currently stand at 85.89 lakh contracts with a turnover of Rs. 7,56,917.32 crore.

Overall volumes in futures & options currently stand at 85.89 lakh contracts with a turnover of Rs. 7,56,917.32 crore.

On Tuesday, there are chances that Nifty will try to stabilise near its critical moving average support, i.e. 50-DMA. But there are higher chances of seeing lot of vulnerability persisting at the opening bell as hints from the global markets are negative. Stocks in news: Piramal Enterprises, Fortis Healthcare, Zuari Agro Chemicals, United Spirits, Jet Airways, NHPC, NOCIL, OIL India, Info Edge and Ratnamani Metals and Tubes.

The Indian markets may open sharply lower as it is reckoned that the trade war between the US and China may go on much longer, which resulted in a sharp drop on the Wall Street and sell-off in the Asian markets. Nifty 50 index future on the Singapore stock exchange is currently trading at 10,705, down by 50 points. 

The stocks that are likely to witness significant movement on the bourses on Tuesday, June 26, 2018 are Oil India Limited, Jet Airways Limited India, Tata Communications Limited, Biocon and Max India Limited.

Following the benchmark indices, S&P BSE 100 index too tumbled to close down by 0.6 per cent. However, three stocks listed on BSE 100 category hit 52-week high levels including Bajaj Finserv, Bajaj Finance and Page Industries. 

The company has signed an agreement to acquire assets of Tudor India situtated in Gujarat. The assets include immovable land assets and movable assets in its factory in Prantij, Sabarkantha.

Union Budget of FY19 has wiped-off some of the tax disadvantages that FoF had compared to normal equity fund. Does this warrants investment in them?

Indian stock markets turned subdued at the start of the week, despite a very sharp upside and positive closure in the last week. Nifty Auto index which shed more than 1 per cent is the top sectoral loser. Tata Motors which is a part of Nifty50 and forms almost 10 per cent of Nifty Auto, has tumbled nearly 4 per cent and was the top loser in both the indices on Monday.

The upcoming expansion at Mysuru, Karnataka and Visakhapatnam, Andhra Pradesh will add 6,00,000 KL and 5,00,000 KL to existing facilities. The company is investing around Rs. 4,000 crore for this expansions.