DSIJ Mindshare

In the last three months, benchmark index Nifty has remained flat, however, mutual fund schemes focused on PSU stocks have fallen around 3-10 per cent roughly. 

The US drug regulator has issued Establishment Inspection Report (EIR) to Granules India's Gagillapur facility without any 483 observations.

In the coming trading session, the levels of 10,785 and 10,800 will play out as immediate resistance areas. Stocks in news: Fortis Healthcare, Idea Cellular, Mahindra and Mahindra, Infosys, Shriram EPC, TCS, Cholamandalam Investment and Finance, Bayer Crop science, Maruti Suzuki India, PNC Infratech, Ashiana Housing and Bodal Chemicals.

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.  

Cochin Shipyard today informed the bourses that the Government of Kerala has signed an agreement with the company for the construction of three marine ambulance boats for the fisheries department.