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The analyst said 16,800 is important as Nifty has recovered from this level in the last three occasions. The market is still in the range, where 16,800 is the lower end and 17,600 is the upper range, he said.

As growth impulses pick up in the post-COVID period, ICICI Securities believes that for equity markets, the momentum is largely emanating from midcaps and smallcaps.

Swiggy is hoping to raise the funds to expand market share amid stiff competition with Zomato in food delivery.

“We will be watching out for any overreaction to this crisis in Ukraine and if markets overreact over the next two-three weeks, that is needless dramatisation of the Ukraine situation. We will try to make sure that we behave appropriately and help our clients profit from that. I am not so sure we should all indulge in crystal ball gazing on the oil price because there are enough levers for the global business community to move the oil price in the opposite direction.”

Promoters held 43.49 per cent stake in the company as of 31-Dec-2021, while FII and DII ownership stood at 35.31 per cent and 1.56 per cent, respectively.

The Relative Strength Index of the stock stood at 41.82 on Tuesday.

The stock quoted a 52-week high price of Rs 724.5 and a 52-week low of Rs 411.0.

A total of 31,060 shares changed hands on the counter till 01:49PM (IST)

Although the show is designed as a platform for budding entrepreneurs to raise funds, new investors in the stock market can learn a lot from investing strategies from the sharks. Here are five such lessons from Shark Tank India episodes.

Yields on the 10-year bonds could climb to 6.75% by the end of the first quarter, and 7.23% by the end of December, a survey showed.