DSIJ Mindshare

Overall volumes in futures & options currently stand at 2.75 crore contracts with a turnover of Rs. 17,01,134.76 crore.

Overall volumes in futures & options currently stand at 2.75 crore contracts with a turnover of Rs. 17,01,134.76 crore.

Going ahead, the 200-day moving average, which is placed at the level of 10,862, is likely to act as a resistance level ,followed by the level of 10,940. On the flip side, support is seen around 10,729, which is panic low of Tuesday’s session, followed by the 100-day moving average. Stocks in news: HCL Technologies, Jubilant Life Sciences, Bharti Airtel, Motherson Sumi Systems, Orissa Minerals Development and Chambal Fertilizers.

Indian benchmark indices seem to be running out of luck for now as indices have logged three straight sessions of losses. In the early indication from the SGX Nifty, it seems the index will extended its southward movement in opening bell as at the time of writing, the SGX Nifty was trading lower by 13 points at 10,857. The good news is that as a gesture of peace, Pakistan is releasing Wing Commander Abhinandan Varthaman.

The stocks that are likely to witness significant movement on the bourses on March 1 are REC, Indian Oil Corporation, Lupin, Ceat and Kotak Mahindra Bank