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But if we look at the medium-term trend, then I think Nifty can touch levels like 23,500 to 23,000 in the medium term, not tomorrow, not day after tomorrow, but if we take approach of one to two months, then I think Nifty is headed towards 23,500 and 23,000.

A total of 76,024 shares changed hands on the counter till 01:37PM (IST).

Stating that the fundamental factors do not support higher oil prices, Emkay Wealth Management, the wealth management arm of Emkay Global Financial Services, said that the Crude is likely to continue trading in a broad range of $75-80/bbl.

Promoters held 0.0 per cent stake in the company as of 30-Sep-2024, while FII and DII ownership stood at 52.53 per cent and 13.57 per cent, respectively.

The stock quoted a 52-week high of Rs 263.15 and a 52-week low of Rs 167.35.

The Relative Strength Index of the stock stood at 35.33 on Monday.

As of 30-Sep-2024, promoters held 50.09 per cent stake in the company, while FIIs held 27.18 per cent and domestic institutional investors had 14.25 per cent.

Adani Ports shares fell 4% to ₹1,336.30 after reporting October cargo handling of 37.9 MMT, while year-to-date cargo volume rose 8%, driven by strong container and liquid growth.

The stock quoted a 52-week high of Rs 896.75 and a 52-week low of Rs 365.55.

A total of 18,296 shares changed hands on the counter till 12:48PM (IST)