DSIJ Mindshare

Indices traded firm ahead of the closing bell. S&P BSE Sensex rallied 104 points and ended at a level of 59,793.14. Similarly, Nifty 50 index climbed 34 points to reach 17,833.35 points.   

Now with the announcement of RBI that digital currency will be launched as a pilot project this year, we bring to you what Pratik Gauri, Co-Founder & CEO has to say on this development:

Indices felt pressure at higher levels but managed to close on a positive note. Nifty closed above 17,800 and climbed 0.169 per cent. Meanwhile, Sensex surged 105 points while Nifty Midcap and Nifty Smallcap inched higher by 0.35 per cent & 0.06 per cent, respectively.  

Some significant changes have also been implemented. The circuit limit of certain stocks has been revised on Friday i.e., September 9, 2022. If you are holding the below-mentioned stocks, take note of this.  

The company started as a division of Asian Paints in the early 1980s and now has been established as a strong player in the rubber industry. It produces a range of latexes for various residential and industrial sectors like automotive components, heavy engineering, paints, textile, etc.