Going forward production of Robusta in India is expected to come down by ~20 per cent compared to 13.96 per cent (30,300 MT) as per the estimation of the Coffee Board.

Videocon Industries tops the list of 12 defaulters referred to the National Company Law Tribunal (NCLT) by the State Bank of India (SBI). The company owes more than Rs. 45,000 crore to the banks.

Following stocks are close to their 52-week low as at 12.39 p.m. on January 2.

The markets on January 2 opened up. BSE Sensex is trading at 33,854.89, up by 42.14 points and the Nifty is trading at 10,445.35, up by 9.80 points. 

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Overall volumes in futures & options currently stand at 33.48 lakh contracts with a turnover of Rs. 2,94,484.63 crore.

Overall volumes in futures & options currently stand at 33.48 lakh contracts with a turnover of Rs. 2,94,484.63 crore.

Going ahead, Nifty has immediate support around the level of 10,400 and a decisive breach of this support zone could lead to further decline up to the levels of 10,380 and 10,350. On the upside, the level of 10,480-10,490 would act as a strong hurdle for the index. 

Indian markets are expected to open in the red today tracking SGX Nifty which is down by 0.36%. The SGX Nifty suggests that the Nifty could open at 10,521, lower by 38 points at the opening bell.