Nifty managed to hold 21,800 and recorded a fresh all-time high of 22,463. The index has retraced the past five sessions’ decline in just a single session, highlighting faster retracement that makes us expect it to head towards 22,700. In the process, we expect large-caps to relatively outperform the broader market as the ratio of Nifty vs Nifty 500 has bottomed out around 1 level.
VA Tech Wabag shares jump 3% after securing repeat order from RIL for ETP project
VA Tech Wabag shares rose nearly 3% after securing a medium-sized repeat order from Reliance Industries to design and commission an advanced Effluent Treatment Plant