DSIJ Mindshare

Engineering & construction mammoth Larsen & Toubro today informed the bourses that it’s Buildings and Factories business (L&T Oman) has been awarded the main works contract of The Mandarin Oriental, Muscat by Eagle Hills, Muscat. 

Cheering this development, the stock of Premier Explosives on Wednesday jumped more than 12 per cent to hit an intraday high of Rs. 186.0 on the BSE.

Overall volumes in futures & options currently stand at 1,49,41,173 contracts with a turnover of Rs. 9,62,307.43 crore.

Overall volumes in futures & options currently stand at 1,49,41,173 contracts with a turnover of Rs. 9,62,307.43 crore.

The initial resistance and parallel highs or neckline for inverted head and shoulders is placed at 11146. The 50-EMA is placed at 11174 and 38.2 retracement level of June 3 to August 23 fall is placed at 11197. In case Nifty is able to clear all these resistances, it will gain bullish strength. Stocks in news: Piramal Enterprises, Yes Bank, JSW Energy, Meghmani Organics, Voltas, SML Isuzu, ZEEL, Glenmark Pharmaceuticals, Tata Motors, Sun Pharmaceutical.