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About 1892 shares advanced, 1496 shares declined, and 117 shares unchanged. The broader markets exuberance continued with midcap and smallcap indices gaining about 1 percent each
Based on the OI percentage, 70 stocks were on the short-covering list. These included Reliance Industries, Can Fin Homes, Eicher Motors, Infosys, and Godrej Properties. A decrease in OI along with a price increase is an indication of short-covering.
Nippon India Small Cap fund, despite its larger asset size, has done exceedingly well. It is suitable only if have a stomach to high risk appetite and a time horizon of 10 years and more
The 91 year old was a pioneer and visionary with over 50 years of versatile experience in chemical trade and industries.
Mehta was also instrumental in initiating many CSR initiatives and establishing the Deepak Foundation which works in areas of health, education, social welfare, disability, and livelihood.