Building maintainence, EB maintainence and security system provider Rithwik Facility Management Services got listed on the BSE SME Platform on Thursday by launching an initial public offering of 8,10,000 equity shares for Rs. 405 lakh.

Following stocks are close to their 52-week low as at 12.25 p.m. on January 11.

The markets on January 11 opened gap down. BSE Sensex is trading at 34,478.92, up by 45.85 points and the Nifty is trading at 10,640.75, up by 8.55 points.

The year 2017, despite being a good year for the equity market in general, there were certain sectors that remained laggard. Read on to know more about these sectors and what is their outlook for 2018.

Air India's debt may make it an unattractive buy, but that doesn't stop the government from pitching its assets to foreign investors. The government of India paved way for 49 per cent FDI in the national carrier, with a rider that the ownership would remain in Indian hands.

Overall volumes in futures & options currently stand at 64.20 lakh contracts with a turnover of Rs. 5,96,072.34 crore.

Overall volumes in futures & options currently stand at 64.20 lakh contracts with a turnover of Rs. 5,96,072.34 crore.

Nifty has immediate support placed around the level of 10,590, followed by 10,550. On the upside, 10,660 is an immediate resistance level, followed by 10,700. Stocks to watch out for the day are Maruti Suzuki India, Tata Chemicals, Quess Corp, Welspun Enterprises, Texmo Pipes and Products, Alok Industries and GE Power India. 

Today, markets are expected to make a soft-to-cautious start as cues from the global markets are subdued. As the earnings season kick-starts, all eyes will be on IT major TCS and its guidance. The SGX Nifty suggests that the Nifty could open around the level of 10,623, with marginal loss of around 15 points at the opening bell.  

The stocks that are expected to witness significant movement on the bourses on January 11, 2018 are GE Power India Limited, TCS Limited, Universal Cables Limited, Can Fin Homes Limited and Welspun Enterprises Limited.