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Concerns over a slowdown in growth globally due to aggressive rate hikes by the US Federal Reserve and other central banks, Omicron, and Russia’s invasion of Ukraine have been the major spoilers of bulls’ party.

"Nestle’s strong positioning in the domestic food market, innovative product portfolio and improving out-of-home consumption with a thrust on improving penetration in key markets is helping it to deliver consistent double-digit revenue growth for the past few quarters.

As of 31-Mar-2022, promoters held 63.99 per cent stake in the company, while FIIs held 15.83 per cent and domestic institutional investors had 1.79 per cent.

The stock quoted a 52-week high price of Rs 115.63 and a 52-week low of Rs 83.0.

The Relative Strength Index of the stock stood at 48.34 on Thursday.

The stock quoted a 52-week high price of Rs 7077.9 and a 52-week low of Rs 3314.0.

The relative strength index (RSI) is at 71.1. RSI above 70 is considered overbought. This implies that stock may show pullback, Trendlyne data showed. MACD is above its center and signal line, this is a bullish indicator.

Gujarat Fluorochemicals Ltd. key Products/Revenue Segments include Other Products, Gases Refrigerant, Caustic Soda, Other Operating Revenue, Export Incentives, Scrap for the year ending 31-Mar-2021.

Citing good monsoon, inflows into gold ETF, and correction in the domestic gold price during September, Prathamesh Mallya, AVP- Research at Angel One said “Our advice to investors is to purchase gold this Diwali as it is advisable to divest at least 10 per cent of one’s portfolio into gold and Diwali is an auspicious occasion to buy the yellow metal.”

Gold futures on the MCX, at around 9:09 am, traded with a cut of 0.25% at Rs 50,074 per 10 grams. In the previous session, it closed at Rs 50,212, falling 0.4%. Silver futures, meanwhile, were also trading lower with a fall of 0.64% at Rs 55,657 per kg.