Market struggled to sustain higher levels on Monday despite gap up opening and selling pressure was witnessed in most of midcap and small cap stocks while Nifty managed to end with marginal gains above 16250. The advance decline ratio deteriorated further to 1:2.5 while trading range of 16170-16350 remained intact. As market is witnessing weakness at higher levels, we can expect trend reversal confirmation below 16080 on closing basis and more unwinding is expected in Nifty Midcap 100 index on close of 1.7% lower. Results today-: Zomato, Coal India, Lupin, Power Grid,
US indices dipped as fuel demand worries during a resurgent pandemic sent energy stocks lower but rising U.S. Treasury yields lifted financials stocks, keeping Wall Street’s benchmark index near record levels. The Dow Jones Industrial Average fell 107.91 points, or 0.31%, to 35,100.6, the S&P 500 lost 4.11 points, or 0.09%, to 4,432.41 and the Nasdaq Composite added 24.42 points, or 0.16%, to 14,860.18. Asian stocks on a weak footing as concern over the spread of Delta variant dented sentiment
Reliance industries kick off its green energy plans, announces a USD 50 m investment in Ambri Inc, a US based energy company.
Amara Raja Batteries to pick up 11.36 pct stake in Log 9 for Rs 37 Cr
DoT engages with banks to find solution to stress in telecom sector
Tech Mahindra to cut dependence on Indian talent base
JK Tyre expects economic revival, growth going ahead
Conversion of Vodafone Idea debt into equity an option: Banks to DoT
PM announces Rs 11,000 cr plan to make India self-sufficient in edible oil
IT firm Wipro appoints Jason Eichenholz as Global Partnerships Lead
CarTrade Tech IPO subscribed 41 pc on first day of offer
Aditya Birla Sun Life AMC gets Sebi’s go ahead to float IPO
Sebi mulls market makers to deepen corporate bond segment
A financial planning platform where you can plan all your goals, cash flows, expenses management, etc., which provides you advisory on the go. Unbiased and with uttermost data security, create your Financial Planning without any cost on: http://bit.ly/Robo-Fintoo
Disclaimer: The views shared in blogs are based on personal opinion and does not endorse the company’s views. Investment is a subject matter of solicitation and one should consult a Financial Adviser before making any investment using the app. Making an investment using the app is the sole decision of the investor and the company or any of its communication cannot be held responsible for it.
Stay up-to-date with the latest information.