DSIJ Mindshare

The financial service provider posted disappointing results for the December quarter. The company's EBITDA for Q3FY19 fell to Rs. 154.7 crore, down by 67 per cent compared to the year ago quarter.

Overall volumes in futures & options currently stand at 1.24 crore contracts with a turnover of Rs. 7,45,712.00 crore.

Overall volumes in futures & options currently stand at 1.24 crore contracts with a turnover of Rs. 7,45,712.00 crore.

The index needs to clear the crucial resistance zone of 10,900-10,950, as sustaining above this zone could open up for further upside towards the level of 11,000, followed by 11,090. Unless and until Nifty witnesses breakout of this resistance zone, we will see index consolidating in a capped range. Stocks in news: Fortis Healthcare, Jet Airways, IIFL Holdings and RITES.

Indian indices are likely to open with modest gains as trends across the Asian peers are subdued. The SGX Nifty indicates Nifty is likely to open around 10,958, up by 33 points. Many corporates are likely to report earnings today and some of the key names include AU BANK, Federal Bank, Hindustan Unilever, Mastek, Rallis, LTTS and Reliance Industries. The regulator SEBI has now decided to further ease norms for mutual funds to take derivative exposures. SEBI has issued modified rules which allow mutual funds to also write call options under specific conditions.