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When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume.

​I think we are somewhere between fair value and expensive zone. So, investors will have to do a lot more work right now to make money in the sense that they cannot just look at index stocks or they can only look at index funds, but they have to become a little more active and look for opportunities that are not part of the index stocks or not part of the flavour of the month stocks to make money.

Two-wheelers continues to be very strong. Commercial vehicles, of course, have not yet picked up. So, it is still buy into TVS Motors and Bajaj Auto. We have been buyers of this for the last couple of years and have not gone wrong.

Parent Coca-Cola Co will decide if the deal will involve one or two co-investors, or if negotiations lead to creation of an investor consortium. A decision is likely by the end of this fiscal year. ET was first to report on June 18 that Coca-Cola had sounded out a group of Indian business houses and family offices of billionaire promoters to buy into HCCB, an arm it eventually wants to take public to cash in on the bullish domestic capital markets.

However, if 24,850 is breached, profit booking up to 24,500 cannot be ruled out, analysts added. Infosys, L&T, TVS Motor, Bajaj Finance, Cipla, ICICI Bank, Glenmark, BPCL, TCS, Bajaj Auto, and Tata Motors have formed bullish patterns on charts, according to analysts.

The bank is optimistic that the festive season would boost the credit card segment. At the end of July, the total outstanding credit cards in the country stood at 104.5 million.

The Board of NBCC approved a bonus issue of shares to shareholders in the ratio of 1:2, which means investors will get one additional share for every 2 shares investors hold in the company.

If we see improved participation from the banking sector, Nifty could break past the 25,500 mark and move toward a new milestone of 26,000

Futures are 100% priced for a cut of 25 basis points on Sept. 18, and imply a 33% probability of 50 basis points. They also have 100 basis points of cuts priced in by December, and 120 basis points for 2025.

Oil prices dropped on Monday as investors considered the impact of higher OPEC+ production in October against reduced output from Libya. Brent crude fell 0.7% to $76.36 a barrel, while U.S. West Texas Intermediate also declined 0.7% to $73.05 a barrel. Economic concerns in China and the U.S. continue to influence market sentiments.