The fall in the stock price came after the company reported a weak set of June quarter results.
Market reactions to the US Fed meeting outcome will be evident in early trades on Thursday. Indications suggest that the current market tone will persist.
Apollo Pipes has recently demonstrated a classic technical pattern known as a triple bottom around its historical support level near the Rs 600-mark.
The Nifty Energy Index also exhibits a bullish trend on the charts in the near term. However, maintaining a strict stop-loss is essential for all bullish positions.
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The fall in the share price came after the company reported a weak set of numbers on the operations front.
The uptick in the stock price came after the pharmaceutical company announced that it has secured an approval from COFEPRIS of Mexico to market Mamitra to treat various cancers.
On the bourses, ITC stock has rallied 14.1 per cent over the past month. The stock hit an all-time high of Rs 510.60 on July 24, 2024. This was the first instance of ITC stock crossing Rs 500-mark.
Spillover of trading activity from these contracts into remaining products, analysts believe, can limit the impact to 20-25%
The Nifty Pvt Banks Index is currently trading within a defined range of 25,900 to 25,400. A close above or below this range would act as a trigger for a directional move.
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The uptick in share price came after the company reported a mixed set of June quarter of financial year 2024 (Q1FY25) results.
The fall in the stock price came after investors jumped to book profit after stellar numbers in the second quarter and half year ended June 30, 2024 (H1CY24), which met street estimates.
The uptick in share price came after the company announced that it has secured an order worth Rs 1,237 crore.
The rise in the stock price came after the company announced that it has secured an order from Himachal Pradesh State Electricity Board limited (HPSEBL).
Most of the brokerages expect M&M's profit to fall up to 15 per cent in Q1FY25.
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Recently, PNB has found a support level, forming a bottom around the Rs 114-116 range. This suggests that stock has likely reached a point where selling pressure is reducing & buyers are stepping in.
The Nifty Financial Services Index currently shows a downward trend on the charts. Key support levels are anticipated at 23,080, 22,800, and 22,550.
The Tata Chemicals stock has found support at the zone of Rs 1,030 - 1,040 which coincides with the 61.82 per cent fibonacci retracement level of the previous rise.