The farming sector is expected to have a good 2022-23 rabi season because of healthy monsoons. Also, hopes that the GOI may announce incentives for the agri sector in the Union Budget added momentum to RCF.

On Wednesday, National Fertilizers, Rashtriya Chemicals and Ferilizers, GSFC and Deepak Fertilizers soared 7-16% on the BSE. The Sensex ended almost unchanged over the previous day. The mid-cap index gained 0.2% and the small-cap index rose 0.45%.

India's market cap stood at ₹281 lakh crore on Thursday as against ₹58 lakh crore in FY12. PSUs' market cap increased to ₹37 lakh crore from ₹16 lakh crore in FY12, while the private sector market cap rose to ₹252 lakh crore from ₹41 lakh crore.

The Nifty IT index closed 1.33 per cent down at 28702.2.

The Nifty Auto index closed 1.07 per cent down at 12775.25.

The Nifty Pharma index closed 1.4 per cent down at 12636.2.

The Nifty Bank index closed 0.64 per cent down at 43219.5.

The Nifty Realty index closed 1.51 per cent down at 439.8.

The Nifty Auto index was trading 1.29 per cent down at 12746.6.

The Nifty IT index was trading 0.61 per cent down at 28911.85.

The Nifty Bank index was trading 0.8 per cent down at 43152.05.

The Nifty Pharma index was trading 0.13 per cent down at 12799.0.

The Nifty IT index closed 2.11 per cent down at 29087.95.

The Nifty Auto index closed 0.7 per cent down at 12912.9.

The Nifty Pharma index closed 0.52 per cent down at 12816.1.

The Nifty Realty index closed 1.3 per cent down at 446.55.

The Nifty Auto index was trading 0.1 per cent up at 13017.65.

The Nifty Pharma index was trading 0.2 per cent down at 12858.35.

The Nifty Bank index was trading 0.02 per cent down at 44041.1.

The Nifty Realty index was trading 0.19 per cent up at 453.3.

The Nifty IT index was trading 1.26 per cent down at 29340.6.

Rashtriya Chemicals & Fertilizers Ltd., incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 5676.87 Crore) operating in Fertilisers sector.

A meeting of senior officials of DIPAM, departments of public enterprises, fertiliser and economic affairs, chaired by NITI Aayog CEO, discussed the proposal. The final decision is yet to be taken

The government is evaluating all prospective candidates and a decision will be taken based on market conditions, the official said, adding that EoIs for the IDBI Bank disinvestment will also be invited soon.

The Small Industries Development Bank of India (SIDBI), Bank of India and Delhi Jal Board have four such cases each and the Mahanadi Coalfields Limited has shielded its employees in three such cases, CVC's annual report 2021 said.

Rashtriya Chemicals & Fertilizers Ltd., incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 5354.13 Crore) operating in Fertilisers sector.

This is follow-up on Madras Fertilizers. Can check link to related ideas. Stop Loss Hit (Trade Closed). Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only.

Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only.

Madras Fertilizers Limited has informed the Exchange that Disclosure on payment of interest/repayment of principal amount on loans/financial institutions and unlisted debt securities- Madras Fertilizers Limited