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Benchmark equity indices closed higher on Monday, led by banking, and financial stocks. The S&P BSE Sensex closed 0.5% higher at 64,112, while the NSE Nifty50 index ended above the 19,100 level.
‘Nifty ended the week with a modest gain despite selling in the banking sector. Overall, the sentiment is expected to stay positive as long as it maintains above the critical support level of 19,500 as put writers are likely to offer support at this level.
Day trading stocks: Market experts have recommended 6 buy or sell stocks for today —Coal India, JK Tyre, Tata Power, Suzlon Energy, LIC Housing Finance, and Laurus Labs
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Under the proposal, Sebi has proposed to introduce a glide path with respect to reduction in the maximum limit and the time period for completion of the buyback offer under the stock exchange mechanism, according to the consultation paper. Get more Markets News and Business News on Zee Business.