The NSE Nifty has been struggling below its weekly trend line resistance since October 25, 2024; a breakout can potentially trigger a 6 per cent rally on the index, suggests technical charts.
Kalyan Jewellers stock has swung over 40% twice so far in 2025, and over 30% four times in the last four months. Technical chart suggests that the stock could potentially rally over 25% from here on.
Technically, the short-term trend for IndusInd Bank looks favourable; but chart cautions that stock may face challenges around its 100-DMA, and the weekly trend line resistance. Check key levels here
Till 09:32 AM, as many as 12.27 million equity shares, representing 4.72 per cent of the total equity of PNB Housing Finance, had changed hands on the BSE and NSE
The brokerage firm believes HDFC Life can deliver higher VNB growth than what is implied in the current valuation on the back of higher APE growth than the industry at 14-16%.
Shares of Tejas Networks slipped 5% to ₹696 on the BSE in Wednesday's intra-day trade, extending its fall after it reported a loss of ₹71.80 crore in Q4FY25.
SBI's board, at a meeting scheduled for May 3, 2025, is expected to discuss and approve the proposal for raising equity during FY26.
Technical charts indicate that Bajaj Finance and Bajaj Finserv are threatening to trigger a sell call; post which these stocks can decline up to 11 per cent from present levels.
Shares of Paras Defence rallied 10% to hit a nine-month high of ₹1,469, ahead of a board meeting today to consider Q4FY25 results and a stock split proposal.
Market share across segments is expected to improve with an improving fund performance (~85 per cent of funds are beating benchmarks).
The laws enacted recently and provisions in Budget 2025-26 are expected to boost the shipbuilding industry's growth and provide impetus to ship ownership in India.
The Nifty Oil & Gas index is approaching its 200-DMA after a gap of six months, breakout can lead the index to 12,450 levels; suggests technical charts. Here are 3 oil & gas stocks poised for a rally.
Bharat Electronics hit four-month high of ₹317.90, rallied 4 per cent on the BSE in Tuesday's intra-day trade amid heavy volumes on a healthy business outlook.
The BSE derivatives data suggests that the Sensex may face resistance around 80,450 - 80,550, while seek support around 79,850 - 79,700 levels on the monthly expiry day on Tuesday.
Reliance Industries stock was trading at a 6-month high after the company reported better-than-expected Q4 earnings; the trading volumes at the counter jumped over 25 mn shares on the BSE and NSE.
These 3 midcap stocks, across sectors, have witnessed a positive breakout on different key parameters, show technical charts.
The company said it identified discrepancies in certain inventory cases, during the ongoing physical verification of inventory for the financial year ended March 31, 2025.
M&M's board has approved acquiring Sumitomo Corporation's 44 per cent stake in the company at a price of ₹650 per share along with Isuzu Motors 15 per cent stake at the same price of ₹650 per share.
RIL stock has gained 8% in the last 2 months, after a 4-month consolidation around its key trend line support - a key technical indicator the stock has been holding above since the last 11 years.
In the week ahead, Sensex is likely to swing between 78,200 to 80,230 range. Nifty may test 23,400 on the downside, and can potentially rally to 24,800 on the upside; suggests technical charts.