DSIJ Mindshare

The domestic markets may open the Tuesday’s session on a flat note as cues from the Asian peers are cautious. At the time of writing, the SGX Nifty was trading with a gain of 13 points at 11,524. The real estate stocks would be in focus in today’s session as the GST Council meeting is intended to undertake a range of topics on priority basis, including the implementation of lower Goods and Services Tax (GST) rates for the real estate sector. Also, on the macro front, investors will keep an eye on the current account deficit numbers.  

The stocks that are likely to witness significant movement on the bourses on March 19 are Indostar Capital Finance, Jet Airways, Thomas Cook, Hindustan Aeronautics and Canara Bank.

Since the start of this month, the benchmark indices BSE Sensex and NSE Nifty have rallied nearly 6 per cent each. This strong stock market rally comes ahead of India's general election which will be held in May 2019.

Food processing firm Prabhat Dairy was locked in 5 per cent upper circuit on Monday despite the fact that the company's promoter entered an additional pledge on 9.23 per cent shareholding on March 13.

The company would render variety of quality products such as groundnut seeds, Bajra Seeds, fenugreek seeds and sesame seeds. These will be mainly used for pure cultivation, high yield in domestic as well as international market.