Based on the OI percentage, 130 stocks were on the short-covering list. This included Sun Pharmaceutical Industries, Samvardhana Motherson International, Alkem Laboratories, Zydus Lifesciences, and Bata India.
According to Chakri Lokapriya, interest rate cuts ususally benefit real estate sector. ITC eyes stake in Prataap Snacks. Grasim's paints business affects Asian Paints and Kansai Nerolac. Airtel, Indian Hotels, and Chalet Hotels perform well. Nifty IT shows positive gains. Indian IT services benefit from AI projects. Earnings growth drives market momentum.
The company will finalise the basis of allotment of IPO shares by February 26 and its equity shares will be credited to demat accounts of successful investors by February 27
Nifty on Thursday ended 162 points higher to form a long bull candle with a long lower shadow on the daily charts as the short-term trend of Nifty turned up sharply after a small decline.
Markets in the week gone by were volatile and choppy. On more than one occasion during the week one saw opening losses being wiped out and similarly profits too being wiped out.
Markets in the week gone by were volatile and choppy. On more than one occasion during the week one saw opening losses being wiped out and similarly profits too being wiped out.At the end of the week, we saw markets gaining on four of the five ...