Nifty is trading around the 200-day exponential moving average (23,691), which is likely to provide some relief after a 4.7% correction last week. Positive global cues should act as a supporting factor.
Tata Sons boardroom battle intensifies but Tata Group stocks remain unbothered. Should you buy?
Tata Sons has rejected Noel Tata’s objections to N Chandrasekaran’s reappointment, saying the board’s decision was valid and made in accordance with the company’s Articles