• Vedanta Ltd’s board approves proposed de-listing from BSE, NSE. The next step is to seek shareholders’ approval for the de-listing proposal through postal ballot and e-voting
  • Bharti Airtel’s loss has increased 400% to Rs 5,237 crore in the last quarter. However, revenue has increased
  • TATA Consumer Products has made a strategic acquisition. Healthcare Global Enterprises and AU Small Finance Bank have received large foreign investor funding
  • FIIs and DIIs sold shares worth Rs 2,512.82 crore and Rs 152.42 crore, respectively, in the Indian equity market. Maximum Call Open Interest (OI) has shifted to 9000 and second most Put OI is at 8500. This can be the range for NIFTY in May
  • NIFTY fell heavily yesterday despite of positive global cues. Shows clear indication of how the market has rejected the Economic Package.
  • The entire global market closed high yesterday, thanks to a news regarding a Corona vaccine. SGX NIFTY closed 2.28% higher. Crude prices have also increased.
  • NIFTY seems to have a support at 8800 range. Expected to trade between 8800 and 9100 today.
  • All major banks had fallen yesterday as well. Short coverings and thus, at least a retracement should happen soon.