CDPQ will invest around Rs 1,800 crore in ECL Finance which is the credit business vertical of the diversified financial services group
The trend indicates that there may be some more buying into the system in the coming session.
Watch the interview of Renisha Chainani of Edelweiss Fin Services with Reema Tendulkar and Nigel D'Souza on CNBC-TV18. He spoke about the current trend in commodities markets.
Sectorally, IT and pharma would continue performing well because its valuations are still reasonable compared to FMCG, Rashesh Shah, Chairman & CEO, Edelweiss Fin Services said.