Going ahead, the level of 10,840 will act as an immediate resistance, followed by 10,910. On the way down, the level of 10,770 would be seen as an immediate support, followed by 10,690. Stocks in news: Vedanta, JK Paper, Kaveri Seed, National Aluminium, Reliance Infrastructure, Shalimar Paints and Adlabs Entertainment.

Indian benchmark indices are expected to open with modest losses as the cues from the Asian peers are mostly soft. In a very important and significant cabinet reshuffle, Smriti Irani was moved out of the I&B ministry and Rajyavardhan Rathore will take charge of the I&B ministry, while Piyush Goyal will take additional charge of the Ministry of Finance till Arun Jaitley recovers from his illness. Market participants will wait for the outcome of Karnataka assembly elections as it will dictate the movement of the market. 

Dr Lal Pathlabs reported stable numbers for the Q4FY18 with strong revenue numbers and strong bottomline growth

The PAT for the quarter came in at Rs. 51.76 crore, an increase of 36 per cent YoY. This was due to a one-time gain of Rs 5.27 crore during the quarter. 

Nile reported weak numbers for Q4FY18 with declining margins due to higher raw materials costs.

Praj Industries surged as much as 6.16 per cent from the previous close with 4.73 times volume spurt. The stock of Praj Industries gave a resistance breakout on closing basis on Monday. This may be ahead of the corporate results which the company is likely to announce on May 16.

Gujarat Gas opened on a positive note and surged more than 5.5 per cent with 8.68 times volume spurt post Q4 in the last week. Stock rested its Descending Triangle pattern breakout at 860 levels on Monday supported by volume spurt and 14-period RSI giving multiple point downward sloping trendline breakout.

In its first chargesheet filed with regards to the over Rs. 13,000 crore Punjab National Bank scam, CBI books Nirav Modi, Mehul Choksi and the former MD & CEO of PNB, who now holds the same position in Allahabad Bank.

Slowly and steadily B15 cities are making their presence felt in as their share in the mutual fund asset base is growing in India.

Sun TV Network posted Rs. 289.76 crore as Net profit, an increase of 22.82 per cent for the year ending 31st March, 2018 as against Rs. 235.91 crore during the same quarter of the preceding year.