There is a great buying opportunity at lower levels for investors
RIL also announced an ultra affordable smartphone jointly developed by RIL and Google which is to be launched in September
The net cumulative investments made by Alternative Investment Funds surged 31% to touch Rs 2 lakh crore mark in March'21.
Sensex rallied 392.92 points or 0.75% to close at 52,699, while Nifty advanced 103.50 points or 0.66% to settle at 15,790.45.
Reliance AGM 2021: As expected, Mukesh Ambani announced the launch details of the affordable smartphone to be rolled out in association with Google
According to market experts investor who were allotted the shares in the IPO should hold the stock as there is a lot more coming up for the company
"... we are certainly sorry for what has happened. And have taken this as an opportunity to improve and redouble our efforts to fix this problem"
Market experts suggest investors should sell partial holding and hold the remaining portion for a year.
Nureca is a B2C company engaged in the business of home healthcare and wellness products.
Currently markets are trading sideways and therefore a better strategy for investors is to remain stock specific and not trade the indices