A recovery of almost 180 points from the lower levels resulted in the formation of a long lower shadow as the price action of the day resembles a hammer pattern. During the day, Nifty took support around the 50-DMA and it witnessed a decent pullback from the lower levels.

Kalyan Jewellers design, manufacture & sell a variety of gold, studded and other jewellery products for various occasions such as wedding, festivals, etc. It is coming out with its IPO. Read on to find if you should subscribe to the issue. 

On Monday, the domestic benchmark indices took a deep dive as bears maintained a dominating position. Sensex declined by 397 points or 0.78 per cent to close at 50,395.08 levels while Nifty slid by 101.45 points or 0.67 per cent to settle at 14,929.50 levels.  

Strides Pharma Science informed the exchanges today that its wholly-owned subsidiary, Strides Pharma Global Private Limited, Singapore, received approval for Potassium Chloride Oral Solution USP, 20 mEq from United States Food & Drug Administration (USFDA). 

As every coin has a flip side, mutual funds are no different in that sense. Fund managers not only buy but also sell. It becomes equally important to know what they are selling. So, let’s find out. 

Everyone is eager to know what the mutual fund managers bought & sold but mostly keen to know what they actually bought. So, let’s know more about the list of stocks that attracted fund managers in February 2021.

Ahluwalia Contracts (India) Limited has secured a new order worth Rs 128 crore for the construction of State Guest House Bodh Gaya on engineering procurement basis (EPC) awarded from Construction Division-1, Building Construction Department, Patna (Bihar). 

Tech Mahindra, a leading provider of information technology and business process outsourcing services, announced on Monday that it has acquired a 70 per cent stake in Perigord Asset Holdings Ltd, a creative packaging artwork, labelling & BPO services firm. 

On Monday, Sensex plunged by more than 900 points, down by around 2 per cent trading at 49,885.75 levels while Nifty tumbled by around 250 points or 1.66 per cent to be around 14,781.90 levels.   

The highest net addition open interest was seen at 14,800 put options while the 50-DMA is also placed around 14,700. Further, with PCR in an oversold region, one may expect that the index might take support in this region.