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IDBI Bank (Rs 5,479 crore), Bharti Airtel (Rs 4,168 crore), State Bank of India (Rs 3,803 crore), Larsen & Toubro (Rs 3,725 crore) and Tata Consultancy Services (Rs 3,591 crore) were among stocks that LIC bought in the June quarter.
A short build-up was seen in 51 stocks, including Delta Corp, Tata Chemicals, Torrent Pharmaceuticals, AU Small Finance Bank and Colgate Palmolive. An increase in OI along with a fall in price points to a build-up of short positions
Last trading week had been a roller coaster ride. As the Indian stock market opens for a new trading week today, experts say that the trend may continue, , stock market today, share market today, national stock exchange, bombay stock exchange, bse sensex, nse nifty, morning update
On the domestic front, the RBI interest rate decision will be the key factor to watch out for, while globally, the participants will take cue from the US inflation numbers releasing on August 10.
This week, the market will be looking for major economic data such as RBI interest rate decision, industrial production data, and core inflation data in the US