DSIJ Mindshare

In the last week, the surge in COVID-19 cases capped the rally and Nifty failed to cross its 200-DMA despite encompassing its up move for the fourth straight week in a row. On Friday, Nifty formed a Spinning top on weekly chart and a doji on the daily chart and both are indecisive candlestick patterns.

In case Nifty moves decisively above the level of 10,884, Nifty shall swiftly move towards the level of 11,000. While on the other hand, if it closes below 10,670 level, then it will initially fall towards the level of 10,550, followed by 10,480. Stocks in the news: Infosys, Reliance Industries, Biocon, BASF, Escorts, Clariant Chemicals.

Rossari Biotech, a textile and speciality chemicals manufacturer is coming out with its IPO. Read on to find out why you should subscribe to it. 

BSE reported that total trading turnover on Sensex 50 Futures & Options has crossed Rs 16565 crore as of July 10, 2020, for the weekly contract with Monday expiry.

Delhi-based oil PSU, GAIL (India) Limited declared plans to invest in companies operating in the area of compressed bio-gas (CBG) through its start-up initiative 'Pankh'.