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Economists expect the RBI to trim its inflation projection butt there are still risks to the upside
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Overall market breadth was positive as 2,216 stocks advanced on the BSE, while 1,084 declined and 143 remained unchanged
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Kranthi Bathini of Wealthmills Securities spoke to Money9 on what to expect from markets going forward.
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Shares of the company on October 1 made a dream debut and were 185% higher at the close of trade against their issue price
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The Nifty Consumer Durables index advanced 3.35% to 28,146. The index had declined 1.32% to end at 27,233.45 yesterday.
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Nifty has been trading volatile, but even now Nifty is in a buy on dips category. 17,800 is the first hurdle and then 18,000 is next resistance zone
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During the quarter, Sobha has achieved the best-ever sales volume at sustainable price realization
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In the broader market, the S&P BSE Midcap index rose 0.97% while the S&P BSE Smallcap index gained 1.22%.
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Sobha said its new sales surged to 13.48 lakh square feet in Q2FY22 against 8.91 lakh square feet in Q2FY21.
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IT major TCS will announce its Q2 results on Friday, 8 October 2021. Infosys will announce Q2 results on 13 October 2021.