DSIJ Mindshare

The company reported that it has defaulted payment towards maturity of its Unsecured Commercial Paper on June 26, 2019. For the Unsecured Commercial Paper aggregating to Rs. 200 crore, Rs. 50 crore was repaid and the balance amount of Rs. 150 crore has not been paid.

Overall volumes in futures & options currently stand at 3,90,04,211 contracts with a turnover of Rs.26,55,699.80 crore.

Overall volumes in futures & options currently stand at 3,90,04,211 contracts with a turnover of Rs.26,55,699.80 crore.

The level of 20-DMA (11,851) should be closely watched by the traders. Only a sustainable move above the 20-DMA is likely to take the Nifty towards the 12,000 mark, while on the downside, the level of 11,800, followed by 11,740, is likely to act as support. Stocks for news: Infosys, Cox & Kings, Excel Industries, MMTC, Lupin.

After witnessing high volatility in the second half of the trading session on the eve of June month expiry, Indian markets are expected to kick-off July series on a tepid note following mostly negative cues from the Asian peers.