DSIJ Mindshare

Overall volumes in futures & options currently stand at 1.11 crore contracts with a turnover of Rs. 7,56,602.32 crore.

It is important for the index to hold above the April 1 opening gap (11,630-11,645), as failing to hold above this zone would open the gates for some correction towards the level of 11,570. The level of 11,570 will be closely watched as this would be a crucial support level in the near term for the index. Stock in news: Essel Propack, Jet Airways, HEG, Wipro, HUDCO, HFCL, Lumax Auto Technologies, Rushil Décor, Marico, TCS, IGL, Infosys.

The strength visible in Asian peers and SGX Nifty is signaling that Nifty may open around 11,800 mark and we expect the bulls to continue their upward march at the opening bell. But the question remains whether Nifty spot market will touch its record high level and trade in the uncharted territory. It looks possible as long as Nifty manages to hold above the previous session low of 11,655.

Indraprastha Gas (IGL) informed the bourses that it has secured three letters from Petroleum and Natural Gas Regulatory Board (PNGRB) for grant of authorization to the company for development of city gas distribution network in the geographical areas of Kaithal District, Ajmer, Pali and Rajsamand District & Kanpur (except area already authorized) District, Fatehpur and Hamirpur districts.

Auto major Tata Motors' stock was buzzing on Tuesday reacting to the guidance that Jaguar Land Rover (JLR) sales is expected to increase in Q4FY19. Tata Motors closed with gains of Rs. 15.65 or up by 8.36 per cent at Rs. 202.80 per share.