The markets on February 2 opened gap down. BSE Sensex is trading at 35,335.86, down by 570.80 points and the Nifty is trading at 10,850.40, down by 166.50 points.

Vakrangee is on a selling spree in the markets since January 29. The free fall in the company's stock price was in the wake of possible investigation by SEBI for suspected share price and volume manipulation. the stock formed a kind of Shooting Star pattern at all-time high.

The government’s 10-year bond yields are rising in the last couple of months. Read on to find out how this is going to impact the stock market. 

Pharma major Lupin on Thursday announced receiving final nod from the US Food and Drug Administration (USFDA) to market its Clobetasol Propionate cream.

Benchmark indices were in a sea of red, down close to 600 points on Friday. BSE Sensex was at 35,322.45, down by 584.21 or 1.63 per cent, Nifty50 was at 10,834.40, down by 182.50 or 1.66 per cent at around 10:30 hours. Markets seem to be extremely disappointed by the Union Budget 2018.

Overall volumes in futures & options currently stand at 1.53 crore contracts with a turnover of Rs. 15,08,842.96 crore.

Overall volumes in futures & options currently stand at 1.53 crore contracts with a turnover of Rs. 15,08,842.96 crore.

In the coming session, we believe the low of ‘high wave candle’ i.e. 10,879 is a crucial support and a follow through move below this level may trigger further sell-off up to levels of 10,800. On the other hand, the level of 11,121 would be a crucial level to watch out for and any follow through move above this level would once again open the gates for all-time high levels. Top stocks to watch out: Lupin, Info Edge, Grasim Industries, Zee Media, Gammon Infra and Hinduja Ventures.

The benchmarks indices are likely to make a pessimistic start on weak global cues. The SGX Nifty indicates that the Nifty may open significantly lower at 10,931 with losses of 117 points.