The week gone by was highly volatile, with Nifty gaining 2.2% or 490 points in four sessions and hitting a lifetime high of 23,000. The week was also in the news for block deals involving over three dozen companies from large, mid and smallcap segments worth Rs 13,059 crore on screen.
Nifty on Tuesday ended lower at the 22K-mark. Immediate support was seen at 21,850, a break of which would again tilt the set-up in favour of the bears.
A toothpaste wholesaler in Surat has been cheated of Rs 49.93 lakh by three traders. Find out how the fraud took place and the actions taken by the victim.