Stock market highlights: JP Morgan, on Friday, upgraded India to 'Overweight' from 'Neutral' and recommended investors to use the near-term correction as an opportunity to add
However, after a sell-off from disappointed investors, valuations have corrected and the stock may be worth a long-term buy
In the last one year, the stock has outperformed the market by zooming 80 per cent, as compared to the 12.3 per cent rise in the S&P BSE Sensex.
All three major U.S. indexes started the session with solid gains in a broad rally that favored economically sensitive sectors such as transports, consumer discretionary and materials
On Tuesday September 26, DSP Mutual Fund's DSP Micro Cap Fund purchased 2.4 million equity shares representing 3.5 per cent of total equity of HLE Glascoat for Rs 121.25 crore.
Stocks to Watch today, September 21, 2023: The government will sell up to 4.9 per cent stake in SJVN via offer for sale (OFS) on Thursday and Friday
Both benchmark indices at fresh highs
Thus far in calendar year 2023 (CY23), the S&P BSE Sensex and the Nifty 50 have seen a good run with both the indices surging nearly 10 per cent during this period
The stock finished the day at its highest level since October 2018
The Sensex increased by 385 points, or 0.6 per cent, to close at 66,266, its highest since 9 August
Latest 5,000-points, or 15%, up move took less than three months
By end-August the company had 8.7 million devices deployed, almost doubling from 4.5 million devices in August 2022
The S&P BSE PSU index has surged over 26 per cent so far in FY24 as compared to 11 per cent up move in the benchmark S&P BSE Sensex.
The defining moment, Desai said, could be if and when the 26-party opposition alliance, known as I.N.D.I.A., is able to strike a seat-sharing deal
Stocks to Watch today, August 30, 2023: Billionaire Sunil Mittal's backed telecom services provider Airtel Uganda Ltd plans to raise $216 million in an initial public offering (IPO)
The trend among stocks in oversold regions remains highly fragile and could see more downside ahead
Shares related to Chandrayaan-3 may rise up to 15 per cent in the upcoming sessions, as per their respective technical chart patterns
The stock has gained nearly 43 per cent so far in FY24 as against a 12 per cent rally in benchmark Sensex.
The trend in these stocks remains highly robust, with price action exhibiting strong interest from market participants.
Trend remains optimistic in RIL, ONGC, M&M, KEX and Titan shares, as per their respective charts.