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​While in the recent past, it looks that it has moved up too sharply, but on a 20-month basis it is only 6% return. Coming to what should one do in the market? I think one has to very clearly, first of all, segregate whether you are looking at a short-term trading kind of outlook or a medium-term investing.

​They are getting somebody from a bank with experience in a lot of the verticals where the L&T Finance is operating. So, of course, they are looking at fresh thinking and fresh blood to take the company to the next level.

​I believe from my talk with so many people across investors I have seen that retail has been left behind to be honest and there is a lot of disbelief in this rally and if you look at from a two-year perspective we have just regained the highs.

Option data suggests a broader trading range in between 19000 to 19600 zones while an immediate trading range in between 19100 to 19500 zones, Taparia said.

So, because the valuations had significantly run up, it is not that we do not like the businesses, we definitely like the businesses but we did not like the valuations.

Oil prices were stable on Tuesday as concerns over supply cuts from Saudi Arabia and Russia were weighed against weak crude demand. Brent crude futures rose slightly by 0.3% to $74.87 a barrel, while US West Texas Intermediate crude increased by 0.3% to $70.06. Saudi Arabia and Russia plan to extend their voluntary production cuts in August, resulting in a total reduction of 1.5% of global supply pledged by OPEC+ members. However, worries about oil demand remain due to a slump in global factory activity and sluggish demand in China and Europe.

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.

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

RBI deputy governor Patra said that the choice of policy action is ultimately a trade-off between the desirable and the feasible and the policy making eventually rests on a judgment call based on information, experience, and a ‘feel’ or a ‘sniff’ of how the state of the economy is likely to evolve over the future.

Under the proposed merger, shareholders of IDFC Ltd will get 155 shares of IDFC First Bank for every 100 shares held in the former.