DSIJ Mindshare

The market may witness further correction as long as it trades below the 11960 level. The next major support level is placed at 11615-11630, which is also 50-DMA. Stocks in news: Bharti Airtel, JSW Steel, Wipro, Cyient, Infosys.

The outlook is a flat start and indices could remain subdued initially. In the early action, SGX Nifty was trading lower by 18 points at the 11,865 level. Nifty’s make or break support for today’s trade is at 11,800.

After the rate cut by RBI, BSE Sensex fell by around 553 points. The stocks to watch out for June 7 are DHFL, Marksans Pharma, NR Agarwal, GHCL Limited and Wipro.

The benchmarks indices registered its biggest single-day loss for calender year 2019 on Thursday. Public banks lost the most. The biggest dragger were GAIL, IndiaBulls Housing, SBI, Yes Bank and IndusInd Bank.

For digital transformation and innovation of smart buildings and space, Infosys collaborates with Microsoft. This collaboration aims to improve the lifecycle of building construction and operations, along with the user experience of managing and working in these buildings.