DSIJ Mindshare

IT major Tata Consultancy Services ( Tata Consultancy Services) was trading at its 52-week high on Wednesday, following a stream of news flow on new business wins. The company signed a 10-year deal worth US$690 million with M&G Prudential in the UK. 

Overall volumes in futures & options currently stand at 67.54 lakh contracts with a turnover of Rs. 5,98,316.12 crore.

Overall volumes in futures & options currently stand at 67.54 lakh contracts with a turnover of Rs. 5,98,316.12 crore.

Going ahead, a follow through move below Tuesday’s session low of 10,687 could lead to further profit-booking, and in which case, the levels of 10,650, followed by 10,600 can be tested. Top stocks in focus today : Varun Beverages, Texmaco Rail and Engineering, Sun Pharma, Symphony, GAIL, Pioneer Distilleries. 

Today, markets are likely to start on a cautious note on the back of sluggish regional cues. The SGX Nifty indicates that the Nifty could open at 10,717, almost flat at the opening bell.