Page 17 - Data Patterns News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Get latest articles and stories on Business at LatestLY. According to a report by Jefferies, with an estimated domestic defence opportunity ranging between USD 100-120 billion over the next 5-6 years, the sector anticipates a visible 13 per cent industry Compound Annual Growth Rate (CAGR) from FY23 to FY30. Business News | Defence Sector Poised to Experience CAGR of 13 Per Cent from FY23 to FY30: Jefferies.

Majority of stocks in the Nifty Smallcap 100 index are trading at discounts ranging from 10% to 45%.

The downward trend in small-cap stocks was triggered by concerns raised by market regulator SEBI regarding the froth building up in small-cap and mid-cap segments. This prompted the Association of Mutual Funds in India (AMFI) to instruct mutual funds to conduct stress tests.

Price Volume breakout was seen in Data Patterns , Adani Energy Solutions, Sobha, PB Fintech, infibeam Avenues, Bharat Dynamics and Mahindra Holidays.

In a bustling session, Nifty closed around 22,200 defending the previous session's low at 22,075 and, prompted a rebound to regain the initial lost ground, said Rajesh Bhosale, Technical Analyst, Angel One. The sentiment remained bullish throughout the day as intraday dips were met with buying interest, Bhosale added.