The markets on January 24 opened down. BSE Sensex is trading at 36,109.91, down by 30.07 points and the Nifty is trading at 11,065.50, down by 18.20 points. 

Salasar Techno Engineering has received new additional order of Rs. 94 crore from Reliance Jio. With this order, company continue to command a strong presence in the supply and erection of telecom towers.

Indian conglomerate Reliance Industries Limited (RIL) made a big announcement at the World Economic Forum will be setting up its Center for fourth Industrial Revolution in Mumbai in partnership with RIL and the Government of India.

Overall volumes in futures & options currently stand at 1.13 crore contracts with a turnover of Rs. 9,98,933.13 crore.

Overall volumes in futures & options currently stand at 1.13 crore contracts with a turnover of Rs. 9,98,933.13 crore.

Going forward, immediate resistance for the Nifty is placed in the region of 11,125, followed by 11,175. The daily RSI at present is quoting at 83 and has reached its overbought zone, which might lead to a consolidation phase or sideways movement. Top stocks in action today: Apex Frozen Foods, Reliance Industries, Majestic Research Services and Solutions, ONGC, Alembic, Wirpo, Majesco, Shriram EPC, Aurionpro Solutions, Quick Heal Technologies. 

Key benchmarks are likely to take a breather after witnessing strong rally in the last five trading sessions as cues from Asian peers are dull. The SGX Nifty indicates that the Nifty could open at 11,066, down by 23 points at the opening bell.  

Stocks that are likely to witness a significant movement on the bourses on January 24, 2018 are Wipro Limited, Shriram EPC Limited, RBL Bank Limited, Aurionpro Solutions Limited, Can Fin Homes Limited and Welspun Corp Limited.      

Becoming the fourth PSU in line to get listed in 2018, defence PSU Bharat Dynamics filed its draft red herring prospectus with market regulator SEBI to roll out its initial public offer on Tuesday.