Infibeam Avenues and Parag Milk Food stole the show as both stocks gained more than 10 per cent, whereas AU Small Finance Bank settled with double digit cuts. Airtel and realty stocks continued to extend their gains.
Nifty now stays distinctly overbought and remains very much prune to consolidation at current levels. However, the way Nifty witnessed a very short-lived profit taking and then recovered, it is a clear sign of unending strength in the market.
Mazhar Mohammad of Chartviewindia.in said, the index is in blue sky territory, but there seems to be potential resistance around the 17,150 level.
Sebi had received multiple complaints pertaining to alleged malpractices with respect to the co-location facility being provided by the National Stock Exchange of India Ltd (NSE).
Dealers are witnessing a strong rise in enquiries and order booking across segments, say analysts, anticipating strong sales in the festive season. But the shortage of semiconductor chips is hurting the sector.
The Dow Jones Industrial Average fell 8.46 points, or 0.02 per cent, at the open to 35,391.38.
Γ’β¬ΕThe uncertainty prevailing around growth is likely to decline. That is a very comfortable message for the government and the RBI. Γ’β¬Β
NCDEX SOYDEX is a price based index that tracks the price movement in the futures contracts of its underlying - soybean and refined soy oil on a real-time basis. The weightage of soybean and refined soy oil in the index will be 67.92 percent and 32.08 percent, respectively.
In the international market, gold was trading higher at $1,815 per ounce and silver was flat at $24.16 per ounce.
FPI activity doesnΓ’β¬β’t indicate exuberance. On the contrary, they appear to be cautious. There is a significant change in FPI investment strategy in recent weeks. They are buying bonds aggressively for the first time in 2021 and persisting with selling in the equity markets.
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