DSIJ Mindshare

The central bank of India cut key policy rates during its monetary policy meeting on Wednesday. Reacting to this development, the Nifty Bank gained more than 100 points, but later slipped to trade at 28,075.30, up by 53.20 points or 0.19 per cent.

The Initial Public Offering (IPO) market is slowly catching up. The two IPOs open for subscription this week are receiving good response from investors.

Overall volumes in futures & options currently stand at 1,46,02,694 contracts with a turnover of Rs.9,66,435.49 crore.

Overall volumes in futures & options currently stand at 1,46,02,694 contracts with a turnover of Rs.9,66,435.49 crore.

Immediate resistance for the Nifty is around the 11,000 mark. On the downside, 10,880 is likely to act as an immediate support level, followed by the 10,800. Stocks in news: Avenue Supermarts, NLC India, REC, Tata Steel, Reliance Industries, ICICI Lombard General Insurance Company.