DSIJ Mindshare

The BSE Sensitive index was at 35,082.29, down by 590.96 points or 1.66 per cent during early morning trade on Monday. Doubts about the ruling BJP party coming back to power in three states and negative global cues are weighing heavily on the market.

Overall volumes in futures & options currently stand at 93.83 lakh contracts with a turnover of Rs. 4,29,275.52 crore.

Overall volumes in futures & options currently stand at 93.83 lakh contracts with a turnover of Rs. 4,29,275.52 crore.

Coal India is currently trading around Rs 237. After registering its 52-week high in February 2018, the stock is consistently falling and making series of lower lows. Currently, the stock is trading near its crucial long term support zone of Rs 235-Rs 230 with oversold day technical indicators.

Investors remained cautious ahead of the state election exit poll results to be announced immediately after voting in Rajasthan and Telangana on Friday evening. Nifty Pvt Bank was the top gainer on Friday among all sectoral indices ahead of exit polls, closing at 15062.25 with a gain of 2.11 per cent. After opening with an upside gap, the index managed to make series of higher highs throughout the day.