Overall volumes in futures & options currently stand at 1,71,63,685 contracts with a turnover of Rs.11,74,332.30 crore.

Overall volumes in futures & options currently stand at 1,71,63,685 contracts with a turnover of Rs.11,74,332.30 crore.

As long as the index manages to defend its 50-DMA, a technical pullback cannot be ruled out. In case it fails to hold and stays below the 50-DMA (11,681), the selling pressure is likely to accelerate. On the other side, the zone of 11,730-11,770 will be a strong supply zone.  Stocks in news: NLC India, NMDC, Canara Bank.

The outlook for the Indian markets is a gap-up opening on the back of optimism in the global markets. The US and China will restart trade negotiations to reach a deal, Also, the ECB President surprised the markets by hinting at more stimulus if needed. At the time of writing, the SGX Nifty was trading higher by 50 points at 11,762.

Surya Roshni, a Delhi-based lighting and GI steel pipe manufacturer, announced that it has won order worth Rs. 151.88 crore, on Tuesday.

The stock of SRF Ltd has given pennant pattern breakout on the daily time frame. The breakout was supported by strong volumes.

The stock had formed bullish engulfing candle on the daily time frame. The bullish engulfing candlestick pattern is considered to be a bullish reversal pattern and usually occurs at the bottom of a downtrend.

Va Tech Wabag has secured an order worth Rs 1,477 crore from State Mission for Clean Ganga - Uttar Pradesh. Shares of the company, however, fell 2 per cent during closing hours.

Mishra Dhatu Nigam Limited (MIDHANI) signs an MoU with Hindustan Antibiotics Limited (HAL). This MoU will provide synergy for quality manufacturing of MIDHANI’s Bio-medical Implants and get access to the pan-India distribution of HAL. This partnership is aimed to gain advantage from the strengths of both the companies and benefit users of Bio-medical products in India.

The stocks to keep a watch on June 19 are Jet Airways, Interglobe Aviation, VA Tech, KNR Constructions, and Star Cement.