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“Russia is the second largest producer and holds a very big sway in terms of where the price goes. It is going to come on December 5. All eyes would be on that for the near term direction and if we do see that then I can see a bit of a lift from here. Technically, we are also at a major low. If the $85 level actually holds and we get a spike, then prices can get quite heavy to the top side.”

The stock quoted a 52-week high of Rs 554.05 and a 52-week low of Rs 455.8.

The outlook of IT companies business-wise is steady but not too great. Fed’s tightening of interest rates has been the tightest compared to previous course corrections. This could impact the IT companies from India, in case there is a massive correction in the US.

KEI Industries is a leading player in the wires and cables (W&C) space with an extensive product portfolio and distribution reach with PAN India presence. KEI ranks among the top three wires and cables (W&C) manufacturers in the country. It services retail and institutional customers.

Max Financial Services Ltd., incorporated in the year 1988, is a Mid Cap company (having a market cap of Rs 22941.50 Crore) operating in Financial Services sector.

The stock quoted a 52-week high price of Rs 54262.3 and a 52-week low of Rs 36500.0.

The aggression to rollover long positions to the December series was visible, as the rollover cost inched up to 80 basis points on Thursday, when the November series expired, from 57 bps the previous day.

A total of 7,745 shares changed hands on the counter till 12:30PM (IST)

Trident Ltd. key Products/Revenue Segments include Textiles, Paper, Export Incentives, Waste Sales, Chemicals, Other Services, Other Operating Revenue and Sale of services for the year ending 31-Mar-2022.

“Nykaa should just focus on performance because the bonus of 5:1 also was very strange because whoever was holding a stock gets 6 stocks was the calculation for retail investors. It is not easy for retail investors to figure out what happened. That is creating a bitter taste in the mouth in the near term but longer term, people will forget it if the company delivers.”