We feel traders can go for a short straddle strategy where maximum profit will be made in the range of 37,850 and 40,649. However, one needs to be careful above these ranges in the current weekly settlement.Nifty Bank has to cross and hold above 39,500 zone for an up move towards Rs 39,750 and 40,000 zones, whereas supports are placed at 39,250 and 38,888 zones.
Trent Q4 net profit soars multifold to Rs 712 cr, dividend declared at Rs 3.2
Fashion and lifestyle player Trent on Monday reported a multifold jump in consolidated net profit at Rs 712 crore for the quarter ended March 31,