Geojit’s Anand James anticipates a stable Nifty expiry with controlled movements, not sharp volatility. He advises buying Mahindra & Mahindra and JK Paper for the upcoming week. However, traders are cautioned against buying Vedanta on the recent dip, as further downside is possible. Foreign investor positioning shows tactical shifts, but significant short covering is yet to materialize.
Did HEG shares really crash 64% in one day? Here’s how the demerger math works
HEG shares opened nearly 64% lower on Monday as the stock adjusted for the company’s demerger, which split its businesses into two separately listed entities.