Overall volumes in futures & options currently stand at 93.83 lakh contracts with a turnover of Rs. 4,29,275.52 crore.

Overall volumes in futures & options currently stand at 93.83 lakh contracts with a turnover of Rs. 4,29,275.52 crore.

The level of 10,567 is likely to act as an immediate support level as it is 50-day moving average, followed by 10,480. Stocks in news: Escorts, Tata Sponge, Ashoka Buildcon, Mangalam Drugs and Organics, Seamec, Uflex and Capital India Finance.

Indian stocks are likely to witness a gap-down opening as the cues from Asian peers are negative and with the exit polls indicating a strong performance by the Congress in Rajasthan, while BJP and Congress are neck-to-neck in Madhya Pradesh and Chhattisgarh both in terms of vote share and seats as per the exit polls. The markets participants would have preferred a better show by the BJP as it would hint at the continuation of the reforms process. Market participants would be waiting for the actual results due on December 11, but for sure, volatility is likely to be ingrained in the coming sessions.

Coal India is currently trading around Rs 237. After registering its 52-week high in February 2018, the stock is consistently falling and making series of lower lows. Currently, the stock is trading near its crucial long term support zone of Rs 235-Rs 230 with oversold day technical indicators.

Many financial advisors as well as SEBI RIA’s ask people to have emergency fund in first place, even before providing anything for your financial goals. So why is it so important to have emergency fund? Let’s find out.

Investors remained cautious ahead of the state election exit poll results to be announced immediately after voting in Rajasthan and Telangana on Friday evening. Nifty Pvt Bank was the top gainer on Friday among all sectoral indices ahead of exit polls, closing at 15062.25 with a gain of 2.11 per cent. After opening with an upside gap, the index managed to make series of higher highs throughout the day.

Finding the right number of funds in your portfolio will help you to save on your time and energy. Read on to find the number of funds you should have in your portfolio.

The stocks most likely to witness significant movement on the bourses on December 10 are Indo Rama Synthetics (India), Kotak Mahindra Bank, Jet Airways, Escorts and Gujarat Alkalies and Chemicals. 

On the daily scale, the stock has recently given breakout of downward sloping trendline formed by connecting highs from January 2018. After taking support near its crucial short term moving average, i.e. 21-day EMA, the stock bounced sharply. The stock as on December 4, 2018 formed a sizeable bullish candle along with decent volumes, which is positive for the stock.