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According to an exchange filing by SJVN, the government proposes to sell up to 96.6 million equity shares having a face value of Rs 10 each, representing 2.46% of the total paid-up equity share capital to non-retail investors on Thursday.

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The Nifty Auto index was trading 1.18 per cent down at 16286.05.

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​It is a one-day candlestick pattern wherein there is a small green real body with a lower shadow extending from the body and is formed at the bottom of a downtrend.​

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​This is a bearish indicator that shows the futures OI has increased while the price has decreased.​

“In the very short term though, given the market rise and the fact that we are kind of moving towards that overbought territory, it does not take a lot to kind of move us away from that scenario which we saw in midcaps and smallcaps a week or so ago. If you take the negatives out there, which is obviously well, the Fed tonight will see but that should be a hawkish pause.”

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“The festive season is now in October, November, December. Prices are already up by almost 30-40% during this time. So, from a lean period of Q2, we are entering a super peak season for the aviation industry. From what we understand, the guys have already taken a 30-40% jump in their staff costs. So, yes, apart from fuel, they are going to see a stretch in costs.”

The US Fed has spent much of the last 18 months fighting historic levels of inflation, which has decelerated in recent months. The central bank was “a day late and a dollar short” in beginning to raise rates and the rapid increases over the last 18 months were just “catching up,” Dimon said.

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"Real estate is a requirement for most people and therefore there is a long term demand for it. Now that said obviously it is a highly cyclical industry and like any other asset as prices go up suddenly people discover that you know they are losing out and they suddenly jump in and buy the stuff. In places like Bangalore and even Gurgaon, for the longest time there was hardly any demand and now prices have started to move up as there is not enough supply in the market."

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