DSIJ Mindshare

The stock of Vedanta extended its losing streak on Friday. The stock has fallen close to 10 per cent in the last three days. Vedanta-owned Sterlite Industries is facing protests in Tuticorin, Tamil Nadu on allegations of pollution from its copper smelting plant situated there.

These are the stocks where short build up position is seen

These are the stocks where long build up position is seen

Going ahead, a follow-through move above the 100-day SMA, which is placed in the region of 10,538, could lead the index up to the levels of 10,580-10,600. Stocks in news: Gayatri Projects, PNC Infratech, Avenue Supermarts, Camline Fine Science, Neuland Laboratories and Kaveri Seed Company.

Indian benchmark indices are likely to witness a dull start as cues from Asian peers are mixed and the standoff between the US and North Korea is likely to make matters worse. The trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty may open almost unchanged around the level of 10,511.