“Nifty is now placed at the crucial resistance of 18,650 level and is not showing any strength to surpass the hurdle decisively. A sustainable up move from here could confirm an upside breakout of the resistance and any failure is likely to result in minor downward correction ahead,” said Nagaraj Shetti of HDFC Securities.
Sebi proposes separate master circular for clearing corporations
The Securities and Exchange Board of India (Sebi) is set to refine regulations for stock exchanges and clearing corporations. There will be a distinct master