the Nifty may face hurdles at 22,250-22,300 and, if this level is broken decisively, then a record high can t be ruled out. On the downside, it the index breaches the 22,000 level, then 21,900 is going to be next support level and then 21,700, the low of the last week
As per the shareholding data available on the BSE, Rekha Jhunjhunwala has reduced the stake in D B Realty to 1.21% in July in multiple tranches but took it to 3.37% on September 13, and finally reduced it to 1.99% at the end of the month
The celebrity investor shed her stakes in Autoline Industries and Rallis India in July-September quarter as per the public shareholding data available on the BSE. Jhunjhunwala s holdings which stood at 2.52% and 7.75% in Autoline Industries and Rallis India, respectively, did not show up in the September quarter filings.
The National Conference has hired top lawyers, Kapil Sibal and Gopal Subramanium, to challenge the Article 370 revocation in the Supreme Court of India. Omar Abdullah expressed satisfaction with their performance and hoped the judges would be convinced by their arguments. The former CM condemned the J&K administration s move to remove Sher-e-Kashmirs name from government buildings in Srinagar, adding that no one can erase his grandfather s name from the hearts of the people.