On Tuesday, August 28, the stock gained 2.21 per cent in intraday deals on BSE.
The PNC Infratech stock soared after the company announced that it has emerged as the lowest bidder (L-1) for a project worth Rs 380 crore.
LTIMindtree stock was buzzing in trade on the bourses. The stock rallied as much as 3.61 per cent to hit an intraday high of Rs 5,957 per share.
Within the 2W segment, analysts believe, mass-market original equipment manufacturers (OEMs) such as Honda, Hero Moto Corp, Bajaj Auto, and TVS are anticipated to perform well.
Lupin stock has breached its previous ATH price of 10 years on the monthly chart with massive buying volumes which suggests very bullish sentiment.
At 6:52 AM, GIFT Nifty Futures fell 10 points, trading at 25,008, indicating a flat to negative start for Indian markets.
Trend of the Nifty is bullish and long positions should be held with 24,875 stoploss on closing basis. On the higher side, 25,078, 25,300 and 25,500 are the next resistances.
The Nifty Bank Index is currently exhibiting a bullish trend on the charts, suggesting a positive outlook for the near term.
The shares of Datamatics surged after the company announced that it has partnered with technology behemoth Microsoft to build artificial intelligence (AI) solutions through Copilots.
The uptick in the RVNL share price rose after the company said that it has emerged as the lowest bidder (L-1) for a project worth Rs 1,11,38,95,411.60 ( approximately Rs 111.39 crore)
Over the next 5 years, the non-domestic MF biz would account for 45%-50% of the company's overall revenue led by faster growth in the Int'l investor solutions and AIF, PMS, and PWM solutions biz.
On the bourses, the PCBL shares were trading 1.68 per cent lower at Rs 475.45 per share, at 10:40 AM. In comparison, BSE Sensex was trading with slight (0.05 per cent) gains at 81,742.85 levels.
The surge in the share price came after the company announced that it has secured an order worth Rs 5,75,74,73,650 crore (approximately Rs 576 crore).
The uptick in share price came after reports indicated that Hong Kong-based international brokerage CLSA has increased DMart's target price.
The rise in KPI Green Energy share price came after the company announced that its wholly-owned subsidiary, Sun Drops Energia Private Limited, has received a 13.30 MW solar power plant project.
The best trading strategy for the Nifty PSU Banks Index would be to adopt a "buy on dips" approach.
In the past two trading sessions, on the bourses, the stock has dropped about 3%. Today (August 26), the stock has fallen as much as 1.87% to hit an intraday low of Rs 794.80 per share.
The shares of BHEL rallied after the company announced that it has secured multiple orders worth over Rs 11,000 crore from Adani Power and its subsidiary Mahan Energen Limited.
The surge in the JSW Energy share price came after the company announced that its arm, JSW Neo Energy has bagged a Letter of Award (LoA) for a project from Adani Electricity.
The surge in Alembic Pharma share price came after the company announced that it has received US Food & Drug Administration (USFDA) final approval for Betamethasone Valerate Foam, 0.12 per cent.