DSIJ Mindshare

The government of India is all set to receive Rs. 28,000 crore as interim dividend from Reserve Bank of India (RBI) for the period July to December 2018.
The Reserve Bank of India which held its meeting on February 2018 made the decision after a limited audit review and applying the Economic Capital Framework

Overall volumes in futures & options currently stand at 88.06 lakh contracts with a turnover of Rs. 5,49,669.46 crore.

Overall volumes in futures & options currently stand at 88.06 lakh contracts with a turnover of Rs. 5,49,669.46 crore.

In the coming session, the level 10,620 would be an immediate support and it would be important for the index to keep its head above this support level to witness any pull-back, which remains much overdue. Stocks in news: Power Grid, Cyient, Grasim Industries, CIPLA, Future Consumer and Wipro.

The outlook for the day is a cautious start as the SGX Nifty is seen hovering around the neutral line at the time of writing. The mood on Dalal Street looks nervous and edgy as geopolitical concerns are seen as key impetus keeping the market participants on the backfoot.