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Market participants like UR Bhat, director of FII advisory Dalton Capital Advisors, believe that while the index could test the August 31 high of 11,794.25, the fact that FIIs have begun to hedge at the current 11,600 level implies “caution”.
F&O traders expect 20% move in Vodafone IdeaApart from options, traders also punt on the stock through Grasim, which is a shareholder in Vi.
from Stocks-Markets-Economic Times https://ift.tt/2SbYexe
… Read MoreSGX Nifty up 5 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 6 points, or 0.05 per cent at 11,253, in signs that Dalal Street was headed for a flat start on Tuesday.
from Stocks-Markets-Economic Times https://ift.tt/3cF8EPh
… Read MoreWall Street closes higher as energy, financials lead broad rally"Today's market is being led by energy and financials, but it's a very well-balanced market," said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. "Every sector is participating in this rally."
fr… Read MoreAsian markets push higher after US bounce"Globally, a loss of momentum and the renewed rise in COVID-19 infection rates points to the need for additional fiscal and monetary support. That policy outlook is continuing to provide a supportive backdrop to equities desp… Read MoreKBL promoter votes against reappointment of independent directorThis is the latest development in the ongoing feud amongst the fourth generation of the industrialist family with Sanjay Kirloskar on one side and his brothers Atul and Rahul and the rest of the family on the other. Sanjay, t… Read More
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