Overall volumes in futures & options currently stand at 98.69 lakh contracts with a turnover of Rs. 9,10,681.41 crore.

Nifty has managed to clear its resistance of 10,780. Now, going forward, a follow through move above Wednesday’s high, i.e. 10,803, will brighten the possibility of Nifty touching 10,840. Top stocks in focus today: Yes Bank, Majesco, Axis Bank, Intellect Design Arena, Pitti Laminations, Ashoka Buildcon, Premier Explosives. 

Indian markets are expected to make an optimistic start and the benchmarks are likely to extend northward journey on the back of positive regional cues. The SGX Nifty suggests that the Nifty could open at 10,849, higher by 45 points at the opening bell.  

The stocks that are likely to record significant movement on the bourses on January 18, 2018 are Intellect Design Arena Limited, Indo-National Limited, SREI Infrastructure Finance Limited, Pitti Laminations Limited, Tata Consultancy Services Limited and Bharti Airtel/Adani Ports and Special Economic Zone.  

Despite the slowdown in the Indian economy, global institutions are bestowing confidence in the hope of revival in the economy.

India’s largest exchange in the currency derivatives segment BSE touched its highest turnover of Rs. 45,575 crore on Wednesday.

The infrastructure theme has played a key role in the last fiscal to enrich the returns of many investors. Around 18 Infrastructure schemes, which have completed three years, have posted an average return of 42.5 per cent in the last one year

Mid-cap pharmaceutical company, IPCA Laboratories has acquired US-based API company for US$9.65 million through its wholly-owned US subsidiary and a step-down subsidiary.

Following stocks are close to their 52-week low as at 12.53 p.m. on January 17.