In such a chart pattern, the lower shadow is at least twice as big as the real body. Analysts stay cautious but do not rule out a follow up buying going ahead. Nifty futures rollovers at 39 per cent too were lower than 46 per cent rollovers seen till in the comparable period of last three series. “It is clarified by SEBI that no such letter is issued and NSE has not received any such letter from SEBI,” the NSE said. Liberty House’s bid was rejected because it was submitted on Tuesday, past the February 8 deadline.

Source: Economic Times February 22, 2018 02:51 UTC