DSIJ Mindshare

The company's promoter released a pledge on 80 lakh shares of Mangalore Chemical & Fertilizers Limited (MCF). On Wednesday, the stock of MCF was buzzing and moved up by more than 3 per cent in the morning session.

Overall volumes in futures & options currently stand at 1.16 crore contracts with a turnover of Rs. 6,95,867.95 crore.

Overall volumes in futures & options currently stand at 1.16 crore contracts with a turnover of Rs. 6,95,867.95 crore.

Going ahead, the 100-day moving average placed at 10,938 is likely to act as an immediate resistance level. A follow-through move above this would open up for further upside towards the level of 11,000, followed by 11,090. Stocks in news: Biocon, Majesco, NTPC, Karnataka Bank, Mahindra and Mahindra Financial Services, Lemon Tree, PVR, Glenmark Pharmaceuticals, Yes Bank, Piramal Enterprises and Welspun Enterprises.

Indian markets are expected to extend their jubilant run shrugging of mixed cues from the Asian peers. The SGX Nifty indicates that Nifty could open around the level of 10,994, with a gain of 39 points.