Big Movers on D-St: What should investors do with Ratnamani Metal, Dr Reddy’s Laboratories and FSL? https://ift.tt/dt3Oiu6 S&P BSE Sensex and Nifty50 in India closed flat with a negative bias. Stocks in capital goods, healthcare, metals, and energy sectors experienced selling pressure, while consumer durables, FMCG, power, and utilities saw some buying. Ratnamani Metals rose over 6%, Dr Reddy's Laboratories fell nearly 7%, and Firstsource Solutions closed near its 52-week high on Thursday. Technically, Amol Athawale, Deputy Vice President of Technical Research at Kotak Securities, suggests that Ratnamani Metals could experience pricing issues below 2325, Dr Reddy's Laboratories has weak momentum, and FSL could encounter profit booking.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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