The week before the previous week had seen Nifty bouncing off from the 20-week MA which stands at 16,854. It had halted its move near the 50-week MA. This week, it moved above that level as well. The 50-week MA positions itself at 17,084.
NSE has revised lot sizes for derivative contracts on Bank Nifty (from 30 to 35) and Nifty Midcap Select (from 120 to 140), effective July
ACC reported a 4% YoY increase in consolidated net profit, reaching Rs 375 crore, with revenue from operations rising 18% to Rs 6,015 crore. Volume
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