DSIJ Mindshare

The coming weeks may witness upside momentum above 26200 mark

Gayathri Udyawar 0 495 Article rating: 5.0

In the festival week, we have seen narrow momentum in Nifty and Bank Nifty. The narrow range always gives opportunities to buy near the support level and sell near resistance level. In the weekly chart, a 'hanging man' kind of pattern found in Bank Nifty suggested profit-booking near the resistance levels.

Sadbhav Infra partners with Piramal Group for road projects

Dnyanada Kulkarni 0 2561 Article rating: 4.3

Piramal Group entered into an agreement with Sadbhav Infrastructure Project Ltd. (SIPL) to provide debt financing of Rs. 600 crore for the completion of road projects. The funds will be directed towards extension of facilities as growth capital and disbursement is closely tied to progress of the underlying road projects.

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