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Dhunseri Tea & Industries Limited allots 35,02,476 Bonus Equity Shares
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Anil Kumar Goel portfolio: Anil Kumar Goel on a selling spree; books profit in 6 stocks
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Dhunseri Tea & Industries reports consolidated net profit of Rs 24 06 crore in the December 2020 quarter
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Nifty formed a small bearish candle with a long lower shadow on the daily chart in Thursday s session. The 50-pack index negated the formation of higher highs and lows of the last nine sessions.
Defensive viz. FMCG, IT and pharma tend to do well during the corrective phase, but traders should maintain caution in the selection of the stocks as we’re seeing selective participation, said Ajit Mishra, VP - Research, Religare Broking.
He also added, Indications are in the favour of some consolidation in the index and it would be healthy for the markets. Nifty has critical support at 13,350 and its breakdown may result in further correction ahead. In the case of a rebound, the 13,550-13,600 zone would act as a hurdle.