Page 11 - Divi Lab News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Can consumption continue to support growth? We'll soon know how strong festive demand has been

Foreign institutional investors offloaded shares worth Rs 549.37 crore, while domestic institutional investors bought Rs 595.70 crore worth of stocks on November 6, provisional data from the National Stock Exchange showed.

Get latest articles and stories on Business at LatestLY. At the opening bell, the Sensex displayed a decline of 139.89 points, starting at 64,818.80. Simultaneously, the Nifty exhibited a 33.00 point decrease, initiating trading at 19,378.75. Business News | Nifty's Opening Surge: Stock Market Defies the Morning Dip as Key Sectors Drive Optimism.

​They caution if this support is breached, there is a likelihood that the index could further decline towards the range of 19,000 to 18,900 in the coming weeks. Analysts suggest traders may want to explore potential opportunities in Reliance, HDFC Bank, IndusInd Bank, and Sun Pharma.

“I think the second half of the year will look good for any of our larger holdings. For example, we are a large shareholder in Divi's Lab, in Alkyl Amines, in GMM Pfaudler, in Paushak and we are hoping the second half of the year will bring good news as the price action seems to have bottomed out. ”