Markets shut today on account of Mahashivratri


Equity tips:-

On Friday, Indian equity markets traded with a positive bias throughout the day, with all major indices trading in the green.





Equity benchmark indices, money and bond markets will remain shut on Monday on account of Mahashivratri.
On Friday, Indian equity markets traded with a positive bias throughout the day, with all major indices trading in the green. The Nifty 100 Midcap index outperformed the benchmark index by 1% as across-the-board buying was witnessed in today's session.
PSU Banks were among the top outperformers with OBC & BOB gaining ~12% & ~7%, respectively, along with the addition of fresh open interest which hinted a formation of long positions.


Open positions in Reliance Power & Arvind Ltd surged by ~53%/~43%, respectively, along with a sharp surge in the underlying prices, indicating continued upward momentum going into the next week.



The market breadth ended in favor of advances with the advance/decline ratio closing at 4:1x.

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