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Multiple Zerodha users on Monday took to social media to complain about tech glitches related to placed orders. While the broker updated that the glitch has been fixed, investors expressed their anger on social media.

Short covering signals a shift in opinion about a security from extreme bearishness to bullishness.

Long unwinding involves selling stocks held for a long period, either to book profits or to exit in anticipation of a bearish market.

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Indian benchmark equity indices ended the day with marginal changes in a volatile market on Monday. While stocks like ITC and Infosys saw gains, losses in HDFC Bank, Titan balanced out the overall performance.

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Profit-taking, weak Asia cues drag markets lower. ITC, RIL gains were not enough to counter HDFC Bank, Titan drag. In sectoral performance, Nifty Bank, Auto, Media, Metal, Pharma, Realty, and Consumer Durables ended lower, while Nifty FMCG, IT, and Oil & Gas closed higher. Among individual stocks, PC Jeweller surged to lock in the 10% upper circuit after receiving approval from Punjab National Bank (PNB) for a one-time settlement of its outstanding dues.

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Kotak Mahindra Bank, ICICI Bank, IndusInd Bank and Federal Bank closed in the green while some selling was seen in PNB, IDFC First Bank, Bank of Baroda and AU Small Finance Bank.

Ace Investor Dolly Khanna has raised her stake in smallcap counter Selan Exploration Technology in the quarter ended June 30, 2024 by 53 bps over the March quarter to 1.56%. Her holding in this oil & gas exploration and production company stood at 1.03%.

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There were no casualties and the fire has been contained, said Farrukh Khan, chief executive officer at Pakistan Stock Exchange. The situation is under control and employees have been allowed to get back into their offices, the exchange said in a statement.

Adani Power shares drop 1.88% as Sensex falls

Updated at : 2024-07-08 16:20:01

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The stock quoted a 52-week high of Rs 896.75 and a 52-week low of Rs 235.7.

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SAR Televenture announced a composite equity issue of Rs 450 crore through a rights issue and follow-on public offering.

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