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Looking ahead, though a tight supply outlook offers support to oil prices in the immediate run, other catalysts like worries over the global growth outlook and a firm US currency likely to halt major gains. On the price side, US WTI crude has stiff resistance at $94 a barrel which needs to be cleared for further rallies. Otherwise, there are chances of a choppy with mild negative bias trading on the cards.

RBI had brought the ICRR basically to address the issue of excess liquidity coming in on the back of Rs 2000 notes coming back into the banking system and over 80% of those got deposited as further deposits or current accounts into the bank.

Markets will be influenced by global sentiments, and concerns with regard to rising crude price and weakening Rupee when they reopen next week. All in all, we will witness heightened volatility in coming weeks, so investors need to be prepared for the same.

​This is integral when it comes to undertaking technical analysis of stocks. More active is the stock, more shall be the volume. ​

The US Federal Reserve officials seem to be leaning towards a skip in September, though they are open to a hike later this year, thus November rate hike probability stands above 50% currently.

To achieve this objective of adoption, democratization and developing a unified approach for Web3, with its intrinsically global nature, there is an immediate need for countries to come together and build a common regulatory approach. This approach has to be guided by the following principles

Short covering was clearly visible on 19,700 strike, that was the major call concentration area. So, that short covering is clearly indicating that now base is shifting higher towards 19,600-19,700, put writers are now acting as writing positions are taking place around those levels.

Now, as the full implementation of T+1 settlement across all scrips is rolled out wholly by October 1, 2023, the SEBI Chairperson has communicated about an intended move towards real-time settlement. In her press briefing in the month of July earlier this year, she mentioned that “One of the things that we think is not very far off is an instantaneous settlement on the stock exchanges.