Nifty has formed a spinning top like pattern on Sept 24 after remaining in a 125 points range. Nifty could now face resistance from 26,250 while 25,611-25,791 band could offer support
Tata Power is trading near its all-time high price and given a range breakout on the weekly chart. The ADX indicator has turned up which supports the bullish trend.
The Nifty Bank Index has entered the overbought zone according to technical indicators, signalling a potential near-term correction.
The uptick in share price came after the company announced that its board will meet on September 26 to consider the proposal for raising of funds.
The surge in the Paytm stock was fueled by domestic brokerage Emkay's upgrade to 'Add' from 'Reduce.'
The uptick in share price came after the company announced that it will raise funds worth Rs 250 crore via QIP, coupled with the record date announcement for the stock-split.
The uptick in AstraZeneca share price came after the company announced that it has received permission to import for sale and distribution of Durvalumab 120 mg/2.4 mL and 500 mg/10 mL sol from CDSO.
The uptick in the share price of GR Infraprojects came after the company announced that it has emerged as the lowest bidder (L-1) for a project worth Rs 903.534 crore from Maharashtra Metro Rail Corp.
The surge in Firstsource Solutions share price came after the company announced that Firstsource Solutions UK Limited, a wholly-owned subsidiary of the company, has acquired Ascensos for 42 mn pounds
The Nifty Financial Services Index has recently approached its resistance level of 25,000, which is a crucial round figure for short-term traders.
The surge in shares came after the company announced that it has partnered with Amrut Distilleries, for manufacturing, bottling, marketing and selling of Amrut's few premium brands.
The shares of Ugro Capital rose ahead of the company's scheduled board meet on September 24 to consider fund raising.
HFCL is developing drone detection radar, which is expected to become a crucial element in modern drone detection systems.
Fusion Finance said it may be required to make an estimated credit loss (ECL) provisioning between Rs 500 crore to Rs 550 crore in Q2FY25 as compared to Rs 348 crore provision in Q1FY25.
Glenmark Pharma rallied nearly 9% to Rs 1,763.90 after the US drug regulator issued Form 483 with zero observations for its formulation manufacturing facility in Aurangabad.
The uptick in BHEL share price came after the company announced that it has secured an order worth Rs 6.100 crore from NTPC.
Marico has showcased a strong resurgence from the pivotal support of the previous breakout on the daily time frame chart and has soared to record-high levels.
The Nifty 50 Index remains bullish but overbought, indicating a possible near-term correction or profit booking.
Recently, Adani Power broke through a key bearish trendline on the daily chart, suggesting a potential reversal in momentum from its previous downtrend.
Stock Market News: The BSE Sensex soared 1,500 points today to hit a fresh record high of 84,694.5 intraday. The Nifty50, too, saw robust gains of 433 to it a new high of 25,849