Nifty scaled fresh highs but saw profit booking. SGX Nifty signals a positive start. Tech View warns of a downward correction. Nagaraj Shetti expects selloff below 23200 levels. Global markets show mixed movements. Oil prices fell. Stocks in F&O ban today include Balrampur Chini Mills, SAIL, and India Cements.
Domestic equities closed marginally on Monday due to selling in IT stocks and HDFC Bank. Investors await US Fed, BoJ policy outcomes, and US, India CPI data for market clarity.
Domestic equities ended the week near all-time highs despite election-related volatility. Analysts expect the upward bias to continue with focus on key economic data. State of the markets signals a negative start with Nifty futures trading lower at 23,267. India VIX rose to 16.88 levels. Brent crude futures slipped to $79.58 a barrel.
National Medical Commission approves the start of four PG courses at Bidar Institute Of Medical Sciences (BRIMS) in Bidar. The approval will benefit students in the region.