DSIJ Mindshare

The stock of Specialty Polymer major Ester Industries was locked in its 10 per cent upper circuit following the announcement of a major order win. The company signed a long-term agreement with a US-based firm, the size of the order is expected to be around Rs. 900 million per year.

Overall volumes in futures & options currently stand at 35 lakh contracts with a turnover of Rs. 3,19,544.84 crore.

One of the risk associated with investment in mutual fund is portfolio concentration. To earn more returns, equity funds have the tendency of investing large part of their portfolio in a handful stocks and sectors to beat the benchmark. 

Overall volumes in futures & options currently stand at 35 lakh contracts with a turnover of Rs. 3,19,544.84 crore.

Going ahead, Nifty has crucial support placed in the region of 11,090-11,100 and any move towards this support zone could be used as an incremental buying opportunity. On the upside, the levels of 11,175, followed by 11,200, are the resistance points for the Nifty. Top stocks to watch out: Welspun Corp, Snowman Logistics, Rushil Décor, Biocon, MOIL, HCL-Tech, Ester Industries, Reliance Infrastructure, ICICI BANK and Inox Leisure.