Going by the improvement seen in 1HFY2023, we do not see this derailing anytime soon,said Manish Jeloka, co-head of products and solutions at Sanctum Wealth Management. Given that Q3 is the strongest in terms of seasonality, we expect the momentum to sustain.

Merlin Marketing Pvt has acquired 3.5 lakh equity shares of Kamat Hotels India (representing 1.48 percent of its total paid-up equity capital) at Rs 34.76 per share.

Yes Bank sold 43 lakh shares in CG Power & Industrial Solutions at Rs 10.75 per share. The bank held 8,00,50,000 equity shares (representing 12.79 percent of its total paid-up equity) in the company as of March 31.

Key support level for the Nifty is placed at 10,721.67, followed by 10,643.63. If the index moves up, the key resistance levels to watch out for are 10,845.77 and 10,891.83.

The Centre has allowed home delivery services for restaurants but state governments will have a final say on easing of restrictions.

The Council approved a cut in tax rates on rooms with a tariff of Rs 7,500 and above to 18 percent and those with tariff below Rs 7,500 to 12 percent. GST on room tariff below Rs 1,000 has been scrapped.