DIPAM secretary Tuhin Kanta Pandey says the transaction is ‘on course’ but there are aspects like the RBI s ‘fit and proper’ criteria which need to be complied with
The NMDC stock has given a return of 64.22 percent over the last six months. The benchmark Nifty50 index has given a return of 5.68 percent over the same duration.
Bank Nifty discovered support at the 21-day Moving Average (DMA) before surging towards the day s peak. The prevailing trend indicates a potential movement of the index towards 44000/44200. At the lower end, 43500 is expected to serve as robust support. A breach below 43500 could potentially lead the index towards the range of 43000-42800.