Dividend yield at 0.7% Indicates index valuation may be running ahead of the fundamentals.

At one end, the market could hit a low of 7200; and on the other, it could climb to as much as 8200 in the near term, analysts say.

The largest contract comprised of 38,889 Nifty May futures contracts traded at 9:41 am, having a deal size of aroundRs 800 crore.

The index posted its worst fall in four months, led by losses in HDFC, Infosys and ITC. The 50-share Nifty index slips below 200-DMA.

Indian markets are expected to trade in a range. Here is a list of twelve stocks which are likely to remain in focus today.

Rajat Rajgarhia, Director, Research - Motilal Oswal Securities takes a wide sweep across telecom stocks, oil prices & the GDP growth rate o...