The pharma industry bellwether Sun Pharmaceutical was buzzing on the bourses following news that USFDA may soon give clearance to the company's Halol site in Gujarat.

Overall volumes in futures & options currently stand at 55.68 lakh contracts with a turnover of Rs. 4,77,603.56 crore.

Overall volumes in futures & options currently stand at 55.68 lakh contracts with a turnover of Rs. 4,77,603.56 crore.

Indian markets are likely to witness a positive opening as cues from global peers are supportive. The SGX Nifty is indicating that the Nifty could open higher by 39 points around 10,399 at the opening bell.  

Going ahead, the zone of 10,270-10,300 is very crucial for the Nifty and a decisive breach of this support zone may trigger a sell-off which may drag the market up to the levels of 10,200-10,080 in the near term. On the upside, the gap area of March 5, 2018 (10,429-10,447) will play out as the resistance area. Stocks in the news: Infosys, Prime Focus, Mahindra and Mahindra, Wanbury, JSW Energy, Reliance Industries, Somany Ceramics, HDFC, Ramco Cements and Reliance Infra.

The stocks that are likely record significant movement on the bourses on Tuesday, March 6, are JSW Energy Limited, Wanbury Limited, Reliance Industries Limited, Oil India Limited and Bharat Petroleum Corporation Limited.      

While the market still debates the effect of Trump admin's newly imposed import tariff on steel and aluminum, Indian markets slip in-line with global weakness post the announcement.

Eris Lifeciences is seen surging against the market sentiments with 5.4 per cent gains from the previous close. The stock succeeded in giving a consolidation breakout with 3.10 times volume spurt in intraday trade. The oscillators too are trailing above 60 levels which supported momentum in the stock.

The IT sector has been on a recovery mode since the past few months. In October 2017, the BSE Information Technology index stood at 10,005.49. It touched new 52-week high of 13,126.39 in January 2018. Currently it is trading at 12,439.91 levels. Thus, in past 4 months, the index has surged by ~25 per cent.

After a brief downward rally in the most talked of cryptocurrency, Bitcoin, the bottom is said to have been made for now. ow Bitcoin/USD chart shows a Cup and Handle pattern in the making, with Bitcoin taking multiple resistance at 11,600-11,775 levels.