In early 2015, the government had tried the same strategy to cope up with rising oil prices in the international market and managed to give some relief to consumers. ONGC was asked to sell oil to refiners at a discount.

Despite the poor performance of the S&P healthcare index and the underperformance of the pharma category some of the fund houses see this sector as an opportunity and are coming up with NFOs in this sector. 

Nifty Auto index traded against the market and was up 0.84 per cent at 14:35 hours on Friday. Going forward, above 11,075-11,150, we hold 11,205 followed by 11,335 as the resistance levels. On the downside, 10,960 followed by 10,840 will act as the support for Nifty Auto index.

Vakrangee Limited ditched its losing streak and was locked in its upper circuits on Friday. This is major trend reversal for the stock which has been falling for 18 consecutive days. 

Following stocks are close to their 52-week low as at 1.02 p.m. on June 1, 2018.

The markets on June 1, 2018 opened up. BSE Sensex is trading at 35,309.56, down by 12.82 points and the Nifty is trading at 10,714.95, down by 21.20 points. 

Overall volumes in futures & options currently stand at 1.97 crore contracts with a turnover of Rs. 18,34,938.48 crore.

Overall volumes in futures & options currently stand at 1.97 crore contracts with a turnover of Rs. 18,34,938.48 crore.

In the last three months, benchmark index Nifty has remained flat, however, mutual fund schemes focused on PSU stocks have fallen around 3-10 per cent roughly. 

The US drug regulator has issued Establishment Inspection Report (EIR) to Granules India's Gagillapur facility without any 483 observations.