Six stocks, including Delta Corp and L&T Finance, are under trading bans on May 22, owing to open interest levels crossing 95% of the market-wide limit. However, Future and Options contracts will still remain on the market. The ban will be reversed when open interest falls below 80%. Traders in indices won’t face a security ban. Nifty50 closed higher and Sensex was up by almost 300 points, amidst which analysts predict the upcoming period to continue upward momentum.
Moody’s upgrades outlook for Bharti Airtel to Positive on improved finances
Moody’s upgraded Bharti Airtel’s outlook to ‘positive’ on improved financials and market share gains. They may raise the rating if profitability increases and regulations remain
January 22, 2025