On the downside, the zone of 10,755-10,765 is a crucial support zone for the Nifty as it is 38.2 per cent retracement level of the recent upmove (10,550-10,893) placed around 10,762. A move below 10,755 would open up for further correction up to levels of 10,700. Stocks in news: Goa Carbon, TCS, Titan Company, ICICI Bank and Borosil Glass Work.

Indian benchmarks indices are expected to open gap-down in line with global stock markets. The traders across the world are nervous over a trade spat between the top two economies of the world. Nifty 50 index futures on the Singapore stock exchange is currently trading lower by 63 points at 10,728.  

Mutual funds subscriptions through SIPs contributed Rs. 7,304 crore in May 2018. This exceeds the April collection by more than 9 per cent. As per the latest AMFI data, in March, the total SIP accounts stood at 2.23 crore.

The stock of Panacea Biotec was buzzing on the bourses on Monday on the back of an announcement that the company has settled a patent dispute with Celegene Corp.

Since Mid-May, Oil prices witnessed a downfall of nearly 11 per cent. The recent fall in the prices was in the wake of an expected increase in the output by OPEC, Russia and allies, who are scheduled to meet in Vienna in the next week. The news has proven advantageous to India’s oil marketing companies and airline operators. 

Following stocks are close to their 52-week low as at 12.35 p.m. on June 18.

Lupin as entered into a strategic partnership with Japan’s Nichi-Iko. The news seems to have been discounted and thereby the stock of Lupin witnessed profit booking in Monday’s trade, shedding 2 per cent and more, after four consecutive daily upticks.

The markets on June 18 opened flat. BSE Sensex is trading at 35,616.10 down by 6.04 points and the Nifty is trading at 10,815.90, down by 1.80 points. 

Overall volumes in futures & options currently stand at 68.01 lakh contracts with a turnover of Rs.  5,98,789.74 crore.

Private banking major Yes Bank has received a final license from the Securities and Exchange Board of India (SEBI) to offer custodial services to market participants.