DSIJ Mindshare

Investors and traders can keep a watch on these stocks

There are 142 stocks, which have delivered positive returns on a YTD basis whereas, only 20 stocks delivered a negative return during the same period.   

The key benchmark indices are likely to kick off June series on a positive note as markets will react to GDP numbers which were released after market hours. India’s GDP grew 7.7% in Q4 and retained its fastest growing economy label. The trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty may open higher by 28 points around the level of 10,744.  

Indian stocks are expected to make a positive start as cues from the global markets are encouraging. The political crisis in Italy seems to be a thing of the past as it did not have a major impact on the Indian markets. One may look forward to some action in the Indian markets in the second half of the trading session as today is F&O expiry day for the May series. The trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty may open higher by 35 points around the level of 10,650.  

Indian markets are likely to make a pessimistic start amid weak global cues. Traders will be concerned as the Italian political crisis is now threatening to transform into an economic crisis. The trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty may witness a gap-down opening of 74 points around levels of 10,535.