Sensex and Nifty being at record high levels, many traders are uncomfortable going long as the risk-reward ratio looks more in favour of shorts in multiple stocks.
Nifty opened flat and traded within a narrow range, closing negatively at 24,205, noted Hrishikesh Yedve from Asit C. Mehta Investment Intermediates. He highlighted that
Elcid Investments’ dramatic surge was primarily driven by SEBI’s mandated special call auction for investment holding companies
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