Rajesh Bhosale, Equity Technical Analyst at Angel One, expects the Nifty to move in the this 23,200 - 23,600 range this week.
The 200-DMA is a key long-term moving average in determining a bullish and bearish trend for any stock or underlying index.
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Stocks picks by Angel One: Fortis Healthcare is in a secular uptrend, hovering above its EMAs (Exponential Moving Average) on the daily time frame chart
Fintech player Angel One on Friday said it has raised Rs 1,500 crore through the Qualified Institutional Placement (QIP) route to fund working capital requirements of the company. The issue, which was opened on March 26 and concluded on April 2, received an overwhelming response from both domestic and foreign institutional investors, Angel One said in a statement. The company has allotted 58.71 lakh equity shares to institutional investors at a floor price of Rs 2,555.01 apiece, aggregating the transaction size to Rs 1,500 crore. After the allotment of shares, the paid-up equity share capital of the company stood at Rs 8.98 crore. The fund raised through QIP would be utilised for funding the margin obligations that are fulfilled on behalf of the clients and the margin trading facility provided to clients; future growth requirements and general corporate purpose. "The successful completion of this QIP marks a significant milestone in our journey, as we capitalise the business for i
The deal is for five years from 2024-2028 where Angel One will serve as an Associate Partner of IPL in the financial services category
Srikanth Subramanian, the former chief executive of Kotak Cherry, will be the co-founder and chief executive of Angel One Wealth, an official statement said
Stocks to watch on Thursday, February 22, 2024: Voda Idea, Texmaco Rail to consider fund raise proposals on February 27; Gujarat Ambuja Exports fixed record date for bonus issue.
The stockbroker plans to move beyond equity and mutual funds and will offer distribution of credit and fixed-income products
Shares of Jio Financial Services Ltd On the NSE, declined 6.48 % to Rs 249.45 per share.The company's market valuation eroded by Rs 11,372.38 crore to Rs 1,58,133.24 crore.In volume terms
Stocks to Watch on Tuesday, January 16, 2024: HDFC Bank's Q3FY24 net profit growth may come in anywhere between -1.6 per cent and 1.3 per cent quarter-on-quarter (Q-o-Q)
Consolidated profit was 2.60 billion rupees ($31.38 million) for the quarter ended Dec. 31, compared with 2.28 billion rupees a year earlier, according to an exchange filing
Angel One, Edelweiss Financial Services, Motilal Oswal Financial Services and IIFL Securities can potentially rally up to 24 per cent in 2024, suggest charts.
Angel One's client base grew 51.3 per cent year-on-year (Y-o-Y) to 18.45 million
Emkay Global zoomed 20% to Rs 107.49, its highest level since May 2022 on the BSE, after reporting a consolidated PAT of Rs 9.69 crore in Q2FY24 against a loss of Rs 1.78 crore in Q1FY24
Analysts believe the Angel Group will continue to strengthen its market position by steady increase in active clients
NSE said the action against Angel One was for failing to monitor the operations of its APs, which resulted in alleged violation of capital market regulations
Brokerage house Angel One Ltd has said National Stock Exchange (NSE) has barred it from onboarding new authorised persons (APs) for six months and imposed a Rs 1.67 crore penalty for flouting norms. Reacting to this, shares of Angel One plunged more than seven per cent in intra-day trade. The Member and Core Settlement Guarantee Fund Committee of NSE passed an order on July 14 against the broking company for an alleged failure to monitor the operations of its APs, Angel One said in a regulatory filing to the stock exchanges on Saturday. By doing so, it allegedly flouted the capital market segment rules and Futures and Options segment norms of the NSE. As per the order, a monetary penalty of Rs 1.67 crore has been levied on the broking company. In addition, it has prohibited "from onboarding new APs for a period of 6 months". Authorised person means any -- individual, partnership firm OR LLP -- who is appointed as such by a stockbroker and who provides access to the trading platfor
Angel One said NSE's order does not affect the existing business or the activities of the APs affiliated with the company.
Stocks to watch on July 17, 2023: From HDFC Bank to Angel One, here are the top stocks to watch in Monday's trading session