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Trade Setup For July 10: How Nifty May React To TCS Q1 Results - Key Levels To Watch

The Nifty 50 started Thursday's session on a positive note and touched an intraday high of 24,134.70 in early trade. This level marked nearly a 61.8% retracement of the previous day's decline. However, the index failed to sustain at higher levels and gave up more than 150 points from the day's high in the second half of the session. Despite this late weakness, the index ended higher by 80.75 points, or 0.34%, and snapped its two-day losing streak. However, the close below the psychological 24,000 mark kept the recovery muted. Nifty Forms Inside Candle   Thursday's price action resulted in the formation of an inside candle. This came after the previous session recorded the widest single-day range in over one month. The latest candle had a small green body and a long upper shadow, which indicates hesitation at higher levels. This suggests that while buying interest emerged after the recent decline, traders were not confident enough to carry positions aggressively. ...

Congress Releases Second List Of 23 Candidates For Maharashtra Polls

The Congress on Saturday released its second list of 23 candidates for the November 20 Maharashtra Assembly elections, fielding a "strong" contender against state Bharatiya Janata Party President Chandrashekhar Bawankule.

Bawankule, who is recontesting Kamthi seat in Nagpur district - which he had bagged in 2004, 2009 and 2014 till he was dropped in 2019, will lock horns with Suresh Y. Bhoyar, a former President of the Nagpur Zila Panchayat.

Similarly, in Savner in Nagpur district, the Congress has fielded Anuja S. Kedar, the wife of former minister and five-term MLA Sunil C. Kedar, who was convicted in a graft case and disqualified. The daughter of the legendary cricket administrator and former Maharashtra Speaker SK Wankhede, whose name adorns the BCCI stadium in Mumbai, Kedar had filed her nomination papers as an Independent, but will now contest on a Congress ticket.

The Congress' second list comes two days after the first list with 48 candidates was issued as the party was purportedly in a tug-of-war with Maha Vikas Aghadi (MVA) ally Shiv Sena-UBT over certain seats in the Vidarbha region.

The others figuring in Saturday's list also include Rajesh Manavatkar (Bhusawal), Swati Wakekar (Jamod), Mahesh Gange (Akot), Shekhar Shende (Wardha), Girish Pandav (Nagpur South), Pooja Thavker (Bhandara), Dalip Banson (Arjuni-Morgaon), Rajkumar Puram (Amgaon), Vasant Purke (Ralegaon), Anil Balasaheb Mangulkar (Yavatmal), Jitendra Moghe (Arni), Sahebrao Kamble (Umarkhed), Kailas Gorantyal (Jalna), and Madhukar Deshmukh (Aurangabad East).

Vijay Patil will contest from Vasai, Kalu Bhadeliya from Kandivali East, Yashwant Singh from Charkop, Ganesh Kumar Yadav from Sion-Koliwada, Hemant Ogle from Srirampur, Abhay K. Salunkhe from Nilanga, and Ganpatrao Patil for Shiro).

Maharashtra Congress Legislative Party Leader Vijay alias Balasaheb Thorat is likely to call on NCP supremo Sharad Pawar and SS-UBT chief Uddhav Thackeray this afternoon to finalise the remaining seat-sharing ratio, including the number of seats that will be allocated to smaller allies, as the last date for filing nominations (October 29) approaches.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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