DSIJ Mindshare

Overall volumes in futures & options currently stand at 73.29 lakh contracts with a turnover of Rs. 6,80,406.73 crore.

In the coming session, the level of 10,630 would act as a strong short term support for the index and, on the higher side, the level of 10,780-10,800 is likely to act as a strong resistance. Stocks in the news: Biocon, Lemon Tree Hotels, Infosys, Cadila Healthcare, Power Grid, Techno Electric, Kridhan Infra, Sical Logistics, Infibeam Corporation and Adani Transmission.

Key Indian equity indices are likely to open in red on the back of broadly negative Asian cues. The SGX Nifty is indicating that Nifty may open with a loss of 41 points at 10,716. 

 Pharma major Zydus Cadila received final approval for Bumetanide Tablets USP from the US Food and Drug Administration (USFDA) on Wednesday, post market hours.

The stocks that are expected to witness a significant movement on the bourses on Thursday, May 3, 2018 are Cadila Healthcare Limited, Tata Power Company Limited, Kridhan Infra Limited, Castrol India Limited and Central Bank of India.