DSIJ Mindshare

Overall volumes in futures & options currently stand at 1,26,70,037 contracts with a turnover of Rs. 8,29,535.40 crore.

To continue the bullish strength, Nifty needs to move above the 200-DMA as well as August 9 high of 11182 decisively. In case Nifty closes below the August 14 low of 10935, it would mean a flag breakdown. Stocks in news: Tech  Mahindra, Mahindra & Mahindra, Cupid, Titan, Sun Pharmaceutical, Ujjivan Financial Services, Info  Edge, Kridhan Infra, TVS Motor.

At the time of writing, SGX Nifty was trading with a modest gain of 4 points at the 11,058 level.

Rating agency Fitch Ratings has revised the outlook on Reliance Industries Limited's (RIL) long-term local-currency Issuer Default Rating (IDR) to positive from stable and has also affirmed the rating as 'BBB'.

The stocks to watch out on August 19 include Lupin, Godfrey Phillips, Hero MotoCorp, Info Edge and Reliance Industries.