If the moving average continues to bolster the index, the reversal could see most of the consumer index stocks performing better
Few oversold stocks have now reached their crucial levels that resulted in a robust breakout earlier. These are resilient cushions, with underlying strength capable of holding accumulative stance
The matter had come up in the NCLT court on Thursday, where IndusInd Bank, Axis Finance and IDBI Bank had sought permission to file applications to intervene in the proposed merger
Between the two, Sun had better growth rates than Zee in the Sept quarter
Morgan Stanley, Citigroup, Bank of America, Abvendus, ICICI Prudential MF were some of the buyers
According to reports, Invesco Developing Markets Fund, which has a 10.14 per cent stake in ZEE, was looking to sell half of its stake in the company in a block deal