CFDs allow traders and investors an opportunity to profit from price movement without owning the underlying assets
Unlike benchmark indices, there was a sell-off in the broader markets as the BSE MidCap index declined 0.90% or 204 points to 22,475
Satish Ramanathan, MD and CIO- Equity at JM Financial Asset Management, said there is a need to wait for the festive season to start.
ICICI Securities, Citigroup Global Markets India, Edelweiss Financial Services, and Kotak Mahindra Capital Company were the managers of the offer.
On the BSE, Nuvoco Vistas opened for trading at Rs 471, at a discount of 17.37% or Rs 99 over its issue price of Rs 570 per share.
Of 30 Sensex stocks, 28 were in the green at open. HCL Tech, Tata Steel, Bajaj Finance, Tech Mahindra and L&T were the top gainers.
Here's a glimpse of Money9’s video line-up for August 23. Get latest updates in the Personal Finance space and what's buzzing in Dalal Street
Fed officials are set to gather for their annual meeting in Jackson Hole, Wyo., from Thursday.
Ajit Mishra of Religare Broking is bullish on United Spirits with a target price of Rs 740.
From here on, things would get more and more difficult for unidirectional traders since markets could remain choppy.