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Through the Futures Long Position Scan, it has been revealed that Aggressive New Long positions were taken on some of the Nifty50 stocks on the previous trading session i.e. November 2.

The stock quoted a 52-week high of Rs 376.2 and a 52-week low of Rs 251.25.

A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.

“We anticipate and we also plan to invest more and more in our proprietary channels for them to become a driving force and an engine for growth for Max Life Insurance. We are making investment in our agency, our direct sales force, our digital channels, and we are recording significantly high growth in all those three channels.”

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In the Sensex pack, Tata Motors was the top gainer, rising nearly 3% as the firm reported a net profit of Rs 3,764 crore for the quarter ended September 2023, against a net loss of Rs 945 crore a year ago. Meanwhile, Tech Mahindra, Infosys, ICICI Bank, M&M, HCL Tech, and Wipro also opened higher.

“About 25-26% of annual sale happens in the festive period between August 17 till Bhai dooj. We are still in the last leg of this period and therefore the expectation in the industry is that in this period more than 1 million vehicles will be sold. The total sales expected in the industry this year is about 41 to 41.3 lakh. Maruti Suzuki numbers should be in that 4,50,000 to 5,00,000 range.”