On the technical charts, the RSI of the stock stood at 44.37.
A total of 412 shares changed hands on the counter till 01:39PM (IST)
A total of 16,342 shares changed hands on the counter till 12:32PM (IST).
“This will be a decent year. It will not be a bad year. It is not going to fall. Nothing is going to collapse but at the same time there has to be this mental endeavor to protect what you have made over the past two years. I am not sounding bearish. I am a little cautious, but invested.â€
Promoters held 51.5 per cent stake in the company as of 30-Sep-2021, while FII and DII ownership stood at 7.21 per cent and 3.92 per cent, respectively.
Investors would eye the momentum around deal pipelines and outlook on client tech budgets for 2022
On the technical charts, the RSI of the stock stood at 63.94.
“Definitely there is no case for a significant bear market but the returns should be muted overall. Last year was more about being in the equity markets. This year will be more about stock picking and which sectors or stocks one is invested in, says Sandip Sabharwal. â€
Rallis India, 50 per cent owned by Tata Chemicals, is among leading agrochemical companies in India and a preferred partner of global manufacturers (contract manufacturing).
As the adoption of Blockchain-based non-fungible tokens (NFTs) gains momentum globally including in India, Samsung on Monday announced a groundbreaking TV support for NFTs, beginning with its 2022 TV lineup. The NFT support features an intuitive, integrated platform for discovering, purchasing and trading digital artwork through MICRO LED, Neo QLED and The Frame.
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