Tech Mahindra shares saw a decline of 2.7% after first-quarter results missed expectations. This made it the biggest loser on the Nifty. Other IT stocks also experienced a downturn. LTI Mindtree, Persistent Systems, and Infosys were among the major decliners. Analysts have mixed opinions on Tech Mahindra’s future. Some cite high valuations as a concern.
Nifty Bank lot size increases to 35 with effect from July 31 for monthly expiries
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