Rohit Srivastava discussed market moves, noting a pullback in Nifty and Bank Nifty. Immediate support levels are seen at 23,500 for Nifty and 51,150 for Bank Nifty. Significant trends in commodities, PSUs, and financials were highlighted, with the potential resurgence of the IT sector as well.
Vedanta extends demerger deadline till September 30, cites pending govt, NCLT approvals
Vedanta has postponed its business demerger to September 30, 2025, due to pending approvals. The move will separate aluminium, oil & gas, power, and steel