On the weekly options front, the maximum Call OI is placed at 22,500 and then towards 22,800 strikes while the maximum Put OI is placed at 22,000 and then towards 22,300 strikes.
Tata Motors has launched a €14.1-per-share cash tender offer for Iveco Group, valuing the Italian commercial vehicle maker at €3.82 billion. Backed by Iveco’s largest
Kotak Securities estimates ITC’s tobacco business is valued at just 11X forward earnings, suggesting potential undervaluation. The brokerage sees stronger growth in non-tobacco businesses and
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