The weekly price action resulted in a sizeable bear candle with a lower high and low, signaling continuation of the declining trend. In the process, Nifty breached its key support of 10200 last week, contrary to expectations, indicating extended decline amid ongoing corrective phase.

Continuing the practice of placing key statistics relating to direct tax collections and administration in the public domain, the Central Board of Direct Taxes has released data as updated up to the financial year 2017-18.

Benchmarks closed lower after a volatile truncated week as global equity sell-off led by prospects of escalating trade war and earnings downgrades weighed on sentiments.

It is being expected that ongoing correction to mature in the coming week around the major support area of 10100-10200 for the Nifty in the equity market.

Prime Minister Narendra Modi has emphasized for a partnership between the producers and consumers in the oil market as it exists in other markets. This will help stabilize the global economy which is on the path of recovery, he said in a meeting with the CEOs and experts from the oil and gas sector from India and abroad.

Central Vigilance Commission has analyzed top 100 bank frauds as on the year 2017.