DSIJ Mindshare

HBL Power Systems consolidated revenue for the quarter came in at Rs 413.9 crore, registering an increase of 10.9 per cent YoY

Overall volumes in futures & options currently stand at 80.37 lakh contracts with a turnover of Rs. 7,26,957.69 crore.

Overall volumes in futures & options currently stand at 80.37 lakh contracts with a turnover of Rs. 7,26,957.69 crore.

Going ahead, the levels of 10,550-10,560 would be seen as immediate hurdle, followed by 10,620 and unless index does not climb this wall, we are likely to see volatile movement with a negative bias. On the lower side, 10,440 remains to be a crucial support level and a move beyond 10,440 would extend the correction up to the levels of 10,400-10,370.  Stocks to watch out: SRF, Corporation Bank, SML Isuzu, CG Power, Piramal Enterprises, Prestige Estate, Union Bank of India, Dilip Buildcon and 3i Infotech.

The outlook for the day is a positive opening, but sustaining the good start would be crucial, as we had seen in the overnight trade that the US markets had failed to hold on to a good start. The SGX Nifty suggests that the Nifty could open higher by 40 points at 10,491 at opening bell.