Fairfax has more than 10% shareholding and voting rights indirectly in two MFs – IIFL and Quantum. Fairfax said it’s in the process of paring its stake in IIFL Wealth to comply with Sebi norms.
Tech View: Nifty forms small green candle. What traders should do next week
A sustainable move above 19770 levels could bring bulls back into action. A slide below 19500 is expected to resume sharp selling momentum, said Nagaraj