Indian markets are likely to open higher, extending their gains from the previous session on the back of bullish global cues. Traders will also be getting support with IMF saying in its global growth prospects survey that Indian economy could grow at 7.4% in FY19, as against 6.7% this year, gaining pace to clock growth at 7.8% in FY20. The SGX Nifty indicates that Nifty could open at 10,996 with gains of 29 points at the opening bell.  

Going ahead, a follow through move above Friday’s high of 10,907 could lead to further upside up to level of 10,950, followed by 11,000, whereas on the downside, the levels of 10,780-10,800 will act as an immediate technical support for the index.  Top stocks in focus today: Tata Steel, DFM Foods, Pioneer Distillers, Mercator, BEML, Shopper Stop, JKIL, ONGC, Venus Remedies, Bharti Aritel, IFCI, HDFC Welspun Enterprises. 

Indian equity markets are expected to make soft-to-cautious start to the new week as cues from Asian peers are mixed. The SGX Nifty indicates that the Nifty could open at 10,920, up by 6 points at the opening bell.  

Going forward, immediate resistance is seen around 10,880-10,890, followed by 10,930, whereas support is seen around 10,770-10,780 and the next support is around 10,670. Top stocks in focus today: Dilip Buildcon, Tech Mahindra, Swan Energy, Karnataka Bank, Godrej Agrovet, Torrent Pharmaceuticals, Alembic, Biocon. 

Indian equity markets are likely to make a flat to positive start on Friday with traders eyeing third-quarter corporate earnings results of index heavyweights like HDFC Bank, Reliance, ITC, Wipro, Kotak Mahindra Bank for directional cues. The SGX Nifty indicates that the Nifty could open at 10,823 up by 12 points at the opening bell. 

Nifty has managed to clear its resistance of 10,780. Now, going forward, a follow through move above Wednesday’s high, i.e. 10,803, will brighten the possibility of Nifty touching 10,840. Top stocks in focus today: Yes Bank, Majesco, Axis Bank, Intellect Design Arena, Pitti Laminations, Ashoka Buildcon, Premier Explosives. 

Indian markets are expected to make an optimistic start and the benchmarks are likely to extend northward journey on the back of positive regional cues. The SGX Nifty suggests that the Nifty could open at 10,849, higher by 45 points at the opening bell.  

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. 

Going forward, Monday’s gap (10,690.40-10,713.80) is expected to offer support to the Nifty. The stocks that are likely to witness significant movement on the bourses today are Speciality Restaurants, Seamec, Edelweiss Financial Services, BSE, Vascon Engineers, BL Kashyap and Sons, Bajaj Finance, Bharat Bijlee, Jubliant Life Sciences and Max Ventures.