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A total of 25,598 shares changed hands on the counter till 10:46AM (IST).

The mMonsoon performance in early August reflects a gradual improvement compared to the initial stages of the season. The shift from a deficit to a surplus in cumulative rainfall, along with increased Kharif sowing, points to a more stable agricultural landscape.

A pivotal and immediate demand zone, spanning from 393 to 380, holds considerable significance and is likely to serve as a focal point for potential consolidation. If this range be penetrated, attention would turn to the subsequent support level at 360, which intriguingly aligns with the 200-day moving average (DMA), adding to its potential significance.

The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock.

The Securities Appellate Tribunal did not overturn market regulator Sebi’s order which prohibits both Subhash Chandra Goenka and his son Punit Goenka from holding positions as directors or executives in publicly listed firms. Goenka was originally to helm the merged entity for five years.

​This indicates a bullish sentiment in these counters as the average traded and delivered quantity for 5 days, the cumulative open interest, and the price of the stocks have increased.​

Tata Projects, which was involved in the making of the newly-constructed Parliament building, currently gets a major chunk of its revenues from urban infrastructure projects, which includes setting up of factories, construction of bridges and metros, and airports among others.

A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond.

"On the earnings front, we expect aggregate earnings to continue to deliver low teen growth. Hence, on an overall basis, we expect the Indian market to deliver returns that are in line with earnings growth. To sum up, reasonable valuations coupled with one of the highest growth rates make for a compelling case of attractive compounding returns for Indian markets."

On the weekly front, the maximum Call OI is placed at 19,600 and then towards 19,500 strikes while the maximum Put OI is placed at 19,400 and then towards 19,500 strikes.