Rahul Sharma on large-cap stocks poised for a bounce in near term

​So, we feel there is a strong case for a pullback, for a bounce back from these levels. Whether the bounce back translates into a reversal or not, only time will tell but we feel that 23,200, the risk reward is fairly favourable for fresh investments, for fresh entries and I think this is an […]

PSP Projects shares dip 9% as Adani Infra to buy 30% stake in company

PSP Projects share price: Adani Infra is set to acquire a 30.07% stake in PSP Projects from existing shareholder Prahladbhai S. Patel. The deal aims to boost PSP Projects’ growth in the Indian infrastructure sector, with Adani planning significant investments. PSP Projects will retain its current leadership, but Adani Infra will gain equal board representation.

Positive Breakout: These 5 stocks close cross above their 200 DMAs

In the Nifty500 pack, five stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on November 19, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day […]

Lamosaic India IPO opens today: Check issue size, GMP, price band and other details

Lamosaic India’s SME IPO, aiming to raise Rs 61.2 crore, opened for subscription on November 21st and will close on November 26th. The company, specializing in building materials, plans to list its shares on the NSE SME platform with a share price of Rs 200 apiece. The proceeds will be utilized for debt repayment, working […]