Market Headstart: Nifty likely to open flat; United Spirits, Siemens top buys Trends on SGX Nifty indicate a positive opening for the broader index in India, with a 41 points gain or 0.37 percent. Nifty futures were trading around 11,012-level on the Singaporean Exchange.
Stocks in the news: ITC, Cipla, Oil India, Petronet LNG, Kalpataru Power, Punjab & Sind Bank Avenue Supermarts | Petronet LNG | NALCo | Cipla | Nelcast and Bombay Dyeing are stocks, which are in news today.
Trade Setup for Monday: Top 15 things to know before Opening Bell Experts feel that there could be a possibility of further downside if Nifty50 trades below 12,160 levels in the coming week as well. The near term outlook is tilted towards bears as MACD gave a bearish crossover or triggered a sell signal on charts.