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At the pre-opening bell, the frontline index S&P BSE Sensex opened in red at a loss of 240 points or 0.45 per cent. By 9.15 am, the index was trading at the same level. 

Bank Nifty found resistance around the 20-DMA and thereafter, it declined 400 points from the day’s high before settling with a modest gain of over half a per cent.

Highest put option open interest contract was added at a strike price of 15000 for expiry on June 30.

Scarnose International Limited became the 376th  company to get listed on the BSE SME Platform on June 27, 2022. The company came out with an initial public offering of 12,00,000 Equity shares of Rs.10 each for cash at a price of Rs. 55 per equity share, aggregating to Rs. 6.60 crore. The company has successfully completed its public issue on June 17, 2022.

According to the PE ratio and Buffett indicator, the Indian equity market is expensive!

At day end on Monday, the markets were seen extending their gains from the past week ,even as the fear of recession takes deep roots in the markets’ sentiments. 

With a positive start to the week, all sectors traded in green with the IT sector gaining 2.02 per cent in today’s session. 

We are confident of achieving profitable growth in FY23, going forward, asserts Rajneesh Chopra, Global Head-Business Development, VA Tech Wabag Ltd. 

Year to date the stock is up by ~386 per cent and over the last five trading sessions, the stock has furnished returns of 31.75 per cent.