These 11 stocks have been in index since inception
The Nifty50 index achieved a significant milestone by reaching the 20,000 mark on September 11. This broad-based index comprises 50 prominent, liquid blue-chip stocks listed on the National Stock Exchange of India. Since its inception in November 1995, Nifty50 has been instrumental in helping investors understand the Indian capital market.Collectively, the index represents about 52% […]
8 commodities stocks touched their 52-week high, gaining up to 40% in a month
During Tuesday’s trading session, the Sensex rose about 94 points, closing at 67,221. Within this upward trend, eight stocks from the BSE commodities index reached their highest prices in the last 52 weeks. The 52-week high holds significant value for specific traders and investors, serving as a vital technical indicator to evaluate a stock’s current […]
Tech View: Nifty forms bearish candle with long wick. What traders should do on Wednesday
The short-term outlook is positive and this consolidation is likely to be used as a buying opportunity. In terms of levels, 19865 – 19810 is the crucial support zone, while 20200 – 20250 shall act as an immediate hurdle zone.
Up to 233% gains in FY24! Bulls play rock and roll in defence stocks; will the party continue?
Mazagon Dock is among the stocks that analysts are not comfortable with from a valuation standpoint, after the stellar rally. It has an average target price of Rs 806, according to Trendlyne, which implies a downside of over 64% from the current levels.
G20 now the latest investing theme. Here’s how it may impact your stocks
This alliance intends to hasten global uptake of biofuels through facilitating technology advancements, intensifying utilization of biofuels, shaping robust standard setting, and certification – through the participation of a wide spectrum of stakeholders. Leaders of Singapore, Bangladesh, Italy, USA, Brazil, Argentina, Mauritius and UAE joined India’s Prime Minister for this launch.
Yatra Online fixes price band at Rs 135-142 for its Rs 775 crore-IPO
At the upper end, Yatra Online aims to raise around Rs 775 crore and the implied post-issue market cap will be Rs 2,228 crore. The IPO comprises a fresh equity issue worth Rs 602 crore and an offer for sale (OFS) of up to 1.21 crore shares.
Chart Check: This Sensex stock breaks out from a downward sloping trendline; time to buy?
The stock is also consolidating around the breakout area of 1170. The stock hit a high of 1165 in September 2022 but it failed to hold on to the momentum. It found support above 950 levels before bouncing back.
Shipping stocks nosedive amid profit booking; Cochin Shipyard, Mazagon Dock fall up to 14%
The top loser was Cochin Shipyard whose stock fell by over 14% to the day’s low of Rs 1,032.25. It was followed closely by Mazagon Dock Shipbuilders which plunged nearly 13% at Rs 2,005.10 on the NSE.
RR Kabel IPO to open on September 13. Here are 10 things to know about the offer
About 50% of RR Kabel IPO is set aside for qualified institutional buyers, 15% is reserved for non-institutional investors and 35% for retail investors.
Big movers on D-Street: What should investors do with Vodafone Idea, Natco Pharma and Coffee Day?
Stocks that were in focus included names like Tata Power, which rose 6.67%, Natco Pharma, which fell 8%, and Coffee Day, whose shares declined 14.88% on Monday.