The Economic Survey tabled by the government as part of the pre-budget session buoyed the market throughout the trading session on Monday. The stock markets traded near their all-time high in a rangebound manner. The survey reported that more than 60 per cent of India's GDP is fueled by internal trade.

Sintercom India Limited on Monday announced the launch of its NSE Emerge SME initial public offer (IPO). The issue is scheduled to be open for subscription between February 5 to 7, 2018 with a price band of Rs. 63 to Rs. 65 per equity share of face value of Rs. 10 each.

Following stocks are close to their 52-week low as at 1.03 p.m. on January 29.

KSB Pumps has received orders of around Rs. 413 crores from Nuclear Power Corporation of India Limited (NPCIL). The orders are for supply of primary coolant pumps and electric motor along with auxiliaries and accessories for NPCIL's Gorakhpur Haryana Anu Vidyut Pariyojana – 1 & 2.

The markets on January 29 opened gap up. BSE Sensex is trading at 36,366.88, up by 316.44 points and the Nifty is trading at 11,152.45, up by 82.80 points. 

Newgen Software Technologies listed at Rs. 253 on BSE, at a premium of 3.3 per cent on its issue price of Rs. 245 per share after the company received a good response to its IPO offer.

Overall volumes in futures & options currently stand at 1.88 crore contracts with a turnover of Rs. 17,50,208.42 crore.

Overall volumes in futures & options currently stand at 1.88 crore contracts with a turnover of Rs. 17,50,208.42 crore.

Going forward, important support for the Nifty is placed around the level of 10,990, but if Nifty fails to hold this support level, then a correction is expected up to the levels of 10,930-10,900. On the upside, the high of 11,110 might act as immediate resistance for the Nifty, followed by 11,200. Top stocks to watch out: FIEM Industries, Vakrangee, Jagran Prakashan, Havells, FDC, Hind Copper, Capital First, Kokuyo Camlin, Prataap Snacks, Amrutanjan Healthcare, Bharat Forge, and Reliance Industries.