Reliance has raised another round of Private Equity funds. General Atlantic to invest Rs 6,598.38 crore in Jio Platforms.
Vedanta Ltd.’s board of directors will meet today to consider the delisting proposal
L&T Technology has reported increased profits in their Q4 results
FII sold Rs 2388 crores and DII sold Rs 1,225.53 crore in the Indian equity market on May 15. Clearly, the economic package was not appreciated
Maximum call open interest (OI) at 9,500 strike price. Maximum put open interest at 9,000 strike price. Clearly 9000 – 9500 should be the trading range for NIFTY
US and Asian markets had closed higher on Friday. SGX NIFTY down by 50 points
NIFTY expected to move between 9000 and 9250
NIFTY seems to have a support at 9000 range. Might break eventually. Watch carefully. Likewise, 18000 is a strong support range for BANKNIFTY
US-China trade tensions, increasing COVID-19 cases and an uninspiring economic package have negative impacts on the market
All major banks had fallen heavily last week. It will be interesting to watch for short coverings.
