Overall volumes in futures & options currently stand at 1.17 crore contracts with a turnover of Rs. 9,99,041.04 crore.

Overall volumes in futures & options currently stand at 1.17 crore contracts with a turnover of Rs. 9,99,041.04 crore.

Hence, going ahead, the level of 10,630-10,650 would be a crucial resistance zone for the Nifty. Whereas, on the downside, immediate support is seen around 10,530 followed by 10,495. Stocks in the news: Uniply Industries, Bharti Airtel, Cadila Healthcare, Kitex Garments, Shah Alloys, Indoco Remedies and Future Retail.

Today, the start of the April F&O series expiry session is likely to be slightly in red, tracking mixed global cues and volatility can be seen with the progress of the trade. The SGX Nifty is pointing that Nifty may open with a loss of 20 points at 10,548 .     

Trading and distribution company Garv Industries Limited became the 241^st company to get listed on the BSE SME Platform on Wednesday. 

Bajaj Corp posted 5.22 per cent YoY rise in PAT to Rs. 55.41 crore. The total income too came in at Rs. 222.46 crore as against Rs 206.86 crore in Q4FY17. Stock opened on a positive note, hit above previous high, but retreated and gave a sharp intraday fall after the results were announced.

Indoco Remedies informed that the UK-MHRA has issued GMP non-compliance to the company's Plant I in Goa.

Contra fund is one such fund which investors can look for to diversify with a comparable exposure,the fund takes a contrarian view on the equities and invests into securities having cheap valuations, but rich balance sheet.

Nifty Energy index traded marginally down with 0.4 per cent losses, dragged down by GAIL and Hindpetro. The index saw a horizontal trendline breakout at 14,480, however, it retreated and fell sharply in the first week of February. 

EBITDA for the quarter fell by 2.5 per cent yoy to Rs. 19.8 crore. While EBITDA margin for the quarter remained flat at 9.3 per cent.