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Trading for the day would remain volatile as traders shift contracts from the current month expiry to the near month contract of November.
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Motilal Oswal Financial Services is bullish on Titan with a price target of Rs 2,560.
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Siddharth Khemka of Motilal Oswal spoke to Money9 on whether markets can see a deeper correction and how can investors strategise better.
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Sensex ended at 61,143.33, down 206.93 points or 0.34%, while Nifty closed 57.45 points or 0.31% lower at 18,210.95
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Sales in the domestic market stood at 3,20,133 units. Exports sales came in at 59,408 units, the highest in any quarter.
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PB Fintech has fixed the price band for the issue at Rs 940-980. Investors can bid for a minimum of 15 equity shares & in multiples, thereafter.
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Ahead of the IPO shares of the company were trading at Rs 1,730 apiece in the grey market marking a premium of Rs 605 or 53.77%.
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Axis Bank demonstrated strong asset quality but posted a weak PPoP. The bank also lagged peers in loan & PPoP growth.
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The market breadth was in the favour of the bulls as 1,659 shares advanced compared to 591 declining while 98 remained unchanged.
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Firstsource Solutions announced it has partnered with Eco-Mail, a leading SaaS provider that transforms physical mail assets into digital assets.