Aptech is moving almost consistently up with 7 per cent plus gains from previous close in an otherwise dicey market conditions. The move is after the stock took support at 61.8 per cent retracement and 200 days EMA level.

Power generation and transmission company JSW Energy signed a pact with the Maharashtra government on Tuesday for establishing a manufacturing unit for the electric vehicles (EV) and energy storage systems in the state.

Diversified natural resources company Vedanta is planning to expand its zinc operations in Africa in the light of a constant rise in the price of zinc. 

Shree Renuka Sugars Limited, an integrated sugar and bio-energy producers with business in India and Brazil is negotiating a deal to sell its Brazilian unit to a US-based private equity firm. 

Overall volumes in futures & options currently stand at 1.05 crore contracts with a turnover of Rs. 8,68,372.26 crore.

Overall volumes in futures & options currently stand at 1.05 crore contracts with a turnover of Rs. 8,68,372.26 crore.

Going ahead, further downside is likely once the support level of 10,300 is breached, in which case, expect Nifty to test 10,270, followed 10,200. Meanwhile, any bounce towards the level of 10,450-10,500 is likely to see a sell-off. Top stocks for the day: Indian Grid Trust, Prime Focus, Mahindra and Mahindra, Sun Pharma, Fortis Healthcare, Vardhman Special Steel, Vascon Engineers, Gayatri Projects, Religare Enterprise and Advance Enzyme.

Indian benchmark indices are expected to open on the negative side amid weak global cues. The SGX Nifty indicates that the Nifty could open with a loss of 27 points around 10,344 at the opening bell.  

The stocks that are likely to witness significant movement on the bourses on February 20, 2018 are Mahindra & Mahindra Limited, Advanced Enzyme Technologies Limited, Bharti Airtel Limited, B. L. Kashyap and Sons Limited and Ambuja Cements Limited/ Mahindra CIE Automotive Limited.  

With market wide correction, it might seem like the party maybe over for IPOs, but that is not the case. There is still a handsome line up of offers in the upcoming months.