DSIJ Mindshare

On the upside, bulls may face resistance around the levels of 10,430-10,450, and a decisive move above this zone may open up gates for further upside up to levels of 10,500-10,530. Top stocks to watch out today: Adani Transmission, Bank of Baroda, Federal Bank, GE Ship, Genus Power and Boards, Dilip Buildcon, Yash Papers, Prakash Industries and Indiabulls Housing Finance.

Indian markets are expected to open on a positive note amid firm global cues. The SGX Nifty is indicating that the Nifty could open with gains of 21 points around 10,407 at the opening bell.  

The stocks that are likely to witness significant movement on the bourses on Friday, February 23, 2018 are Karnataka Bank Limited, Dilip Buildcon Limited, Jain Irrigation Systems Limited, DCM Shriram Limited and Genus Paper & Boards Limited.     

India, the world’s third largest crude oil importer’s cost for oil in January has gone up by almost 46 per cent from US$ 6.6 billion to US$ 9.6 billion.