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Tirthankar Das, technical & derivative analyst, retail, Ashika Stock Broking Ltd: On the technical front, Nifty formed a long bearish candle on the daily chart though the overall market breadth was positive. , 09:24:08 AM IST Ashika Stock Broking: Dips from here on should be capitalised
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Most importantly, the Notification gives a clear definition of a "loose" Garment as one sold loose or open at the point of sale in such manner that the consumer can inspect the products before buying.ĬMAI has been representing to the concerned Ministries for years now that Garments by their very nature - these can be seen, touched, felt, and even tried on in most cases - should not be included in the ambit of a "packaged" commodity, where the consumer buys the product in a sealed condition without having the opportunity to see, examine, or test the communicated parameters. The central government on Thursday issued a vital notification clarifying that Garments or Hosiery products sold in the loose form will not be covered under the provisions of the Legal Metrology (Packaged Commodities) Rules, subject to providing a few details. , 01:10:09 PM IST CMAI welcomes government's latest notification on excluding loose garments from Legal Metrology (Packaged Commodities) Rules The Nikkei share average ended up 0.57%, well off the morning session's high.Įuropean shares inched higher on Friday as a tech-fuelled Wall Street rally overnight lifted European peers. Japanese shares ended slightly higher on Friday after erasing some of their earlier gains. Hong Kong shares rose with Hang Seng Index adding roughly 1%. Shanghai Composite Index closed 0.3% lower. monetary policy tightening.Ĭhina stocks closed lower on Friday as COVID-19 outbreaks and property woes kept investor sentiment subdued, with energy suppliers and chipmakers leading the decline. The share price opened on BSE at ₹262 and went on to further ascend to its intraday high of ₹295 a piece.Īsian markets had a mixed day as cautious investors awaited the speech by Federal Reserve Chair Jerome Powell for fresh clues about the path of U.S. Syrma SGS Technology got listed on BSE and NSE today at a strong 19% premium. FMCG, Private Bank, Media and Realty lagged. IndusInd Bank and Bharti Airtel also witnessed their share prices fall.Īmong indices, Metal and Consumer Durable gained more than a per cent. Grasim, NTPC, Adani Ports, and JSW Steel surged around 3%, whereas Eicher Motors shed more than 3%. Nifty saw a bump of 36 points to close at 17,559. Sensex was up 500 points in intraday trading but settled for a gain of 59 points to end at 58,833. Indian benchmark indices once again seesawed today but ended with minor gains. , 03:54:02 PM IST Indices ended flat after being comfortably green for most of the day.