Tata Power saw higher top and higher bottom formations on the daily chart. It is a sign of strength. At present, the stock is consolidating the previous rise.
Outgoing Jet Airways CEO-designate Sanjiv Kapoor said India needs at least four strong airlines, given the size of the aviation market in the country after Wadia Group’s Go First airline announced bankruptcy. Read his take here
Central Bank of India stock gained 15.48 per cent to Rs 23.5 against the previous close of Rs 20.35 on BSE. Market cap of the bank rose to Rs 18,294 crore.