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The Securities and Exchanges Board of India (Sebi) has proposed to reduce the minimum lock-in period for selling the stake of promoters and other shareholders after an initial public offering (IPO). In a consultation paper, the markets regulator has also proposed to alter the definition of 'promoter group' and move to the concept of 'person in control'.

  • 13th-May-Morning-Report
  • Piyush Kumar


The BSE Sensex gained 295.94 points to close at 49,502.41 on May 10 while the Nifty50 rose 119.20 points to 14,942.40. According to pivot charts, the key support levels for the Nifty are placed at 14,900.9, followed by 14,859.5. If the index moves up, the key resistance levels to watch out for are 14,975.3 and 15,008.3.

  • 11th-May-Morning-Report
  • Piyush Kumar


Dalal Street looks set to kick off the new week on a positive note, even though there is no slowdown in Covid infections and localized curbs by many states continue. US markets closed at records highs on Friday and major Asian Indices traded in the green this morning.

  • 10th-May-Morning-Report


Trends on SGX Nifty indicate a positive opening for the index in India with a 46 points gain. The Indian stock market is likely to witness a positive opening as trends on SGX Nifty indicate a positive opening for the index in India with a 46 points gain. The BSE Sensex rose 272.21 points to 48,949.76 on May 6 while the Nifty50 jumped 106.90 points to 14,724.80

  • 7th-May-Morning-Report
  • Piyush Kumar


The Indian stock market is expected to open on a cautious note as trends on SGX Nifty indicate a flat opening for the index in India with a 4 points loss. The BSE Sensex declined 340.60 points to close at 49,161.81 on May 11 while the Nifty50 slipped 91.60 points to 14,850.80.

  • 12th-May-Morning-Report
  • Piyush Kumar

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