News for Ishan Dyes & Chemicals Limited (ISHANCH.BO)

Read more about Stocks to Watch: Infy, L&T, PowerGrid, BHEL, NTPC, IDBI Bank, Steel makers on Business Standard. Stocks to Watch Today: Bharat Electronics, Data Patterns (India), SAIL and Zomato ahead of Q4 earnings on Monday.

Read more about Stocks to Watch: RIL, Ambuja Cements, Torrent Power, Easy Trip, Banks on Business Standard. Banking shares may see some action after four banks hiked deposit rates in the last one week, an indication that the interest rate cycle has turned amid uptick in loan demand.

Ace investor Shankar Sharma has acquired 4.4% stake in this smallcap company via open market transactions on the BSE.

Read more about Ishan Dyes zooms 37% in two trading sessions as Shankar Sharma buys stake on Business Standard. Ace investor Shankar Sharma bought 7 lakh shares, representing 4.4 per cent equity, of Ishan Dyes at an average price of Rs 121.71 per share in a bulk deal on February 08.

Asian markets rose and a selloff in sovereign bonds paused, bringing some relief for markets. Japan’s Topix index rose 0.8%, Australia’s S&P/ASX 200 Index increased 0.3% and South Korea’s Kospi index added 0.8%.

Tata Teleservices (Maharashtra) reported widening of losses to about Rs 302 crore for the quarter ended December 2021 .

According to pivot charts, the key support levels for the Nifty are placed at 17,104.87, followed by 16,942.93. If the index moves up, the key resistance levels to watch out for are 17,367.57 and 17,468.34.

Promoter Piyushbhai Natvarlal Patel sells 20 lakh equity shares or 12.52 percent stake in Ishan Dyes at Rs 123.83 per share.