Indigo shares may hit a new historic peak once it settles over Rs 2,200 level.
While the overall trend in the new-age companies has been negative, selective stocks are reflecting a robust comeback. If they succeed in restoring their optimistic faith, the price action may offer s
On Monday, however, FPIs, who have big exposure to the IT sector, sold shares worth Rs 533 crore
Nifty IT index may fall up to 3 per cent post hitting a new 52-week low, trend turns bearish.
Domestic sugar stocks may rally up to 25 per cent after crossing key hurdles
When a stock reaches a new definitive peak, the trend is observed to rally in the same direction in the following sessions. This could become the case for Oil & Natural Gas Corporation and Oil India.
Over half of the Nifty 500 stocks are trading below 200-DMA, this points to a weak strength. Market breadth needs to improve if further highs are to be set
Positive divergence may push Sensex and NIfty in a bullish trend for coming sessions, show technical charts.
Selective small-cap stocks may rally up to 22 per cent in coming months, show technical charts
BPCL, HPCL and IOC may rise up to 11 per cent in coming sessions, and if they manage to sustain their upward rally, medium-term bias may strongly shift in bull's favour.
The heavy-weight Reliance Industries has broken critical support of Rs 2,300, raising concerns about the future drawdown. In addition, the formation reveals a "Descending Triangle" violation
Shares of Univar rose nearly 14% to $35.40 in premarket trading
Shares of IDFC, MGL, Radico Khaitan, KEI Industries and Carborundum Universal may rise up to 26 per cent, indicate technical charts
Finolex Cables has rallied 10 per cent to Rs 847.60, and trades at its highest level since March 1992.
Auto index trades with a sluggish bias, may lose grip if falls below its 200-DMA
The company expects adjusted EBITDA to turn positive in current quarter (Q4FY23).
With a modest 1 per cent increase in duty on cigarettes and improving outlook for FMCG and Hotels, brokerages think ITC is well positioned for a strong FY24.
Shares of ITC were up nearly 4 per cent at Rs 365.65, surpassing its previous high of Rs 362, touched on November 11, 2022, on the BSE in intra-day trade on Wednesday.
Timken India, Praj Industries, AIA Engineering and ABB were among other individual stocks from the S&P BSE Capital Goods index, up 4 - 5 per cent each.
Indian equities worst-performing in January