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Nifty formed a small-bodied bullish candle on the daily scale with longer shadows on either side, which indicated a tug of war between the bulls and the bears.

The Union Cabinet on Wednesday approved capital infusion of Rs 4,400 crore in the state-owned Export Credit Guarantee Corporation (ECGC) and its listing through an initial public offering.

It is a brand which has taken two key ingredients and we have developed a super blend technology. We combine one new age ingredient which solves the particular problem with one ingredient which is an age old ingredient and created a super blend.

The 30-share BSE Sensex closed down 254.33 points at 59413.27

Cement companies could be hit the most; every 5 per cent rise in crude and coal prices hits their margins by 100 basis points. Refiners such as ONGC and Oil India would gain the most; every $10 increase in crude prices increases their EPS 10-20 per cent.

"We were always confident that we will survive, but the government package is clearly a vindication. We will be around and hopefully that question can be put to bed forever now."

The power sector is benefitting from a rotation of funds by high net worth and retail investors to the sectors where valuation comfort is highest. The strength of the move in the BSE Power index is reflected in the fact that it made an 11-year breakout on the daily charts.

There are many things which associates are looking for; career growth. Are they able to up skill themselves? Are they able to migrate between technology or functional areas? Are they able to get deeper expertise or not?​

On the technical charts, the RSI of the stock stood at 56.79.

A total of 9,742 shares changed hands on the counter till time (IST).