DSIJ Mindshare

Going ahead, the 100-day moving average placed at 10,938 is likely to act as an immediate resistance level. A follow-through move above this would open up for further upside towards the level of 11,000, followed by 11,090. Stocks in news: Biocon, Majesco, NTPC, Karnataka Bank, Mahindra and Mahindra Financial Services, Lemon Tree, PVR, Glenmark Pharmaceuticals, Yes Bank, Piramal Enterprises and Welspun Enterprises.

Indian markets are expected to extend their jubilant run shrugging of mixed cues from the Asian peers. The SGX Nifty indicates that Nifty could open around the level of 10,994, with a gain of 39 points.  

The stocks most likely to witness significant movement on the bourses on December 19 are J. Kumar Infraprojects, TCS, DHFL, MIRC Electronics and Skipper.

Skipper, manufacturer of power transmission and distribution structures, has bagged an order worth Rs. 150 crore for 2,500 towers from multiple telecom operators

J Kumar Infraprojects, a Mumbai based infrastructure company, announced that it secured a new order in the capital city of Delhi for road construction from the National Highway Authority.