The company’s branded textile & branded apparel segment witnessed good traction in September, owing to the wedding and festive season. Currently, the company is witnessing 85 per cent-90 per cent recovery levels in The Raymond Shop (TRS) network in tier IV-VI markets, mainly driven by reverse migration, good harvest & lower COVID-19 impact.

Sales volume from plywood decreased by 11.8 per cent on a YoY basis but on a QoQ basis, it jumped by 174.5 per cent. Also, sales volume from decorative ply declined by 30.8 per cent on a YoY basis but on a QoQ basis, it jumped by 145.7 per cent.

Considering the daily timeframe, the stock has given a downward sloping trendline breakout. Along with this trendline breakout, the stock has also managed to close above the upper Bollinger band and started band walk, which is a very bullish sign.

The stock has formed a bearish engulfing candlestick pattern on the daily timeframe, which suggests a pause in the uptrend. This pattern is considered to be a bearish reversal pattern and usually occurs at the top of an uptrend.

Capital is scared and has alternative uses and hence, before deploying it, you need to check where you can get the best returns.

Sensex closed Tuesday’s session up by 680.22 points or 1.60 per cent from Monday’s close to end the session at 43,277.65 levels while Nifty was up by 170.05 points or 1.36 per cent at 12,631.10 levels.

The market opened in green on November 10, 2020.

The market opened in green on November 10, 2020, overall volumes in futures & options currently stand at 2,17,05,944 contracts with a turnover of Rs. 16,80,248.61 crore.

The market opened in green on November 10, 2020, overall volumes in futures & options currently stand at 2,17,05,944 contracts with a turnover of Rs. 16,80,248.61 crore.

Tata Consultancy Services (TCS) and Deutsche Bank AG on Monday evening after the market hours announced an agreement, under which, TCS will acquire 100 per cent of the shares of Postbank Systems AG (PBS) from Deutsche Bank AG.