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The Nifty Realty index closed 0.94 per cent up at 463.35.

The Relative Strength Index of the stock stood at 67.53 on Friday.

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Maruti Suzuki India, incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 266223.16 Crore) operating in Auto sector.

“Profit-booking at the higher levels cannot be denied. But this is not a major reversal of the trend; the bullish trend will continue. It is just a small pause before the next leg on the upside as such. If you are getting any dips or any cuts in both the indices, use it as a buy on dips opportunity. ”

Stock market update: Nifty IT index falls 0.22%

Updated at : 2022-12-02 17:25:03

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The Nifty IT index closed 0.22 per cent down at 31052.1.

Gold rises Rs 473; silver jumps Rs 1,216

Updated at : 2022-12-02 17:25:03

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The signs of inflation coming down, weakness in the dollar index and good physical gold demand continue to support the domestic gold prices," Dilip Parmar, Research Analyst at HDFC Securities said.In the international market, gold was trading higher at USD 1,801.25 per ounce while silver was up at USD 22.73 per ounce.

"Taking into account the emergence of ETFs as an investment product with various advantages such as transparency, diversification, lower cost, etc, it has been decided to allow units of equity exchange traded funds (equity ETFs)... as an eligible security for MTF as well as an eligible collateral under MTF," Sebi said in a circular.

“As the country goes through stages of development, the wealth of the population also increases as does the institutionalisation of domestic capital and India is now at a cusp where we have enough savings channelled into financial services and the capital markets where we are not as reliant on foreign inflows or foreign capital of more developed markets as we have been in the past. ”

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The Relative Strength Index of the stock stood at 55.11 on Friday.

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