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"Traders were cautious, as government fiscal deficit touches 31.1% of budget estimates at the end of August"
Given the huge impetus on the defence by the government, the stock presents a good opportunity for investors to participate in this niche space.
Maruti Suzuki estimated that the total vehicle production volume across both locations could be around 60% of normal production.
Experts believe the introduction of Silver ETFs will deepen the securities market for retail investors
"Expect some more volatility to continue although 17,350 is the critical support for the Nifty while 17,777 is the immediate resistance"
Paras Defence & Space Technologies opened for trading at Rs 469 on the National Stock Exchange, a premium of 168%
The offer received bids for 2.99 crore shares against 2.77 crore shares on offer.
Nifty Bank index was the top loser down by 1.04%, Nifty Metal index losing around a per cent.
Indian equity benchmarks ended in red on Thursday led by banking and metal stocks. Today, the markets are likely to make a gap-down start on weak global cues. Traders will be concerned as India’s external debt stood at $571.3 billion at the end of June, recording an increase of $1.6 billion over its level at […]
Investors were also keeping an eye on Washington as Congress passed a bill that would fund the government through early December.