DSIJ Mindshare

If Nifty is able to sustain above the 11,080 level, it is probably heading towards the zone of 11,135-11,163, where it may find resistance as it is the confluence of 200-DMA and 38.2 per cent retracement of the current fall. Stocks in news: HCL Technologies, Marico, Yes Bank, National Aluminium Company, Bodal Chemicals.

Going by early indication of SGX Nifty, the market is set to smile at the start. At the time of writing, SGX Nifty is trading up by 5 points at the 11,076 mark.

Cochin Shipyard Limited (CSL) has launched two Ro Pax vessels designed and built for Inland Waterways Authority of India (IWAI). These vessels launched are the third and fourth vessels in the series of 10 vessels order from IWAI.

The following stocks would be in focus during Friday’s trading session in light of their results announcement: Britannia, Spicejet, Natco Pharma, NCC and GAIL.

Tech company Affle (India) Limited debuted on the stock market at a price of Rs. 929 per share against its issue price of Rs. 745 per share at the higher end of the price band. The stock list at a 25 per cent premium on Thursday.