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SRF Ltd., incorporated in the year 1970, is a Large Cap company (having a market cap of Rs 67896.72 Crore) operating in Diversified sector.

The stock quoted a 52-week high price of Rs 87579.85 and a 52-week low of Rs 62944.5.

L&T Technology Services, part of the IT services industry, gave a breakout above the short-term moving average of 50-DMA as well as the inverse head and shoulder pattern earlier in July which suggests buying momentum. Bulls helped the IT services stock to climb above the 50-DMA placed at Rs 3286 on 20 July which also helped the stock to break above the neckline of an inverse head and shoulder pattern on the daily charts.

Shares of Bombay Oxygen Investments (Rs 20 per share), Brigade Enterprises (Rs 1.5 per share), DCM Shriram Industries (Re 0.5 per share), Deepak Nitrite (Rs 7 per share), Graphite India (Rs 10 per share), Kamdhenu (Re 1 per share), Sharda Cropchem (Rs 3 per share) and The Grob Tea Company (Rs 2 per share) are among the companies which will go ex-dividend today.

"I would urge investors to look at their individual stocks bottom up. In case, they are unsure, they should seek help from professional advisors or look towards Mutual Funds where experts manage the portfolio with better analysis. As a general advice investor portfolios should be slightly tilted towards largecap companies as they would be in a better place to withstand any incremental volatility from the various macro factors."

“Prashant Jain, through his career, has really built a lot of value for investors through the strategies he managed but he has also built a very robust investment process with HDFC, working with a lot of other team members and we have been interacting with a lot of them very closely for the past many years. The good part is that he leaves it in extremely capable hands as he moves on.”

The global cryptocurrency market cap was trading lower at the $1.01 trillion mark, dropping about 2 per cent in the last 24 hours. However, the total cryptocurrency trading volume jumped over 4 per cent, close to $62.64 billion.

"Though, the standalone broader chart shows a steep correction in Infosys off Jan 2022 peak. Yet, its (Infosys) relative strength against the IT index has been improving gradually, it suggests that the worst is behind this mammoth stock. We don’t expect runaway rally in the stock, but a steady approach and accumulation are recommended in the counter with a possible 14-15% rally expected in the next few months. Meanwhile, Reliance Industries is hovering around support of the yearly mean. "

ICICI Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 556543.17 Crore).

At the same time, the dollar built on its recovery from a 2 1/2-week low against major peers, supported by demand for the U. The dollar index - which measures the safe-haven currency against six major peers - edged 0.1% higher to 106.81, climbing further from a 2 1/2-week low of 106.10 reached Friday.