DSIJ Mindshare

Overall volumes in futures & options currently stand at 2,22,00,961 contracts with a turnover of Rs.15,36,664.31 crore.

Overall volumes in futures & options currently stand at 2,22,00,961 contracts with a turnover of Rs.15,36,664.31 crore.

Nifty is now approaching towards its crucial support zone of 11,590-11,605, which is an important level as the upper band of the gap area, i.e. 11,592-11,426. On the higher side, the level of 11,730, followed by 11,800, is likely to act as a resistance zone. Stocks in news: Essel Propack, Apollo Hospital, Newgen Software Technologies, IndusInd Bank, HDFC, Adani Green Energy, PNB, TCS.

Indian markets are expected to open the session with modest gains as cues from Asian peers are positive. At the time of writing, the SGX Nifty was trading at 11,754 level, up by 35 points.

India Ratings and Research has downgraded Jain Irrigation’s long-term issuer rating to 'IND BBB' from 'IND A-' and has placed it on a ‘Rating Watch Negative’(RWN). Reacting to this development, the stock of the company plunged by 28.10 per cent.