Mutual Funds', FPI favourite Tata Group stock jumps 10% to hit upper circuit after Q2 business update
Indian markets moved higher in a quarterly results development.
· LiveMint Markets
Trent share price opened at ₹2,800 against its previous close of ₹2,575 and surged 10% to the upper price band of ₹2,832.50.
The analysis
This is an Index / institutional flows event. Passive and institutional flows move price independently of fundamentals, and around rebalancing dates they dominate it.
Market context
- The immediate tone of coverage reads positive.
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