Technical charts show that these four stocks have given a breakout on the daily scale on closing above the super trend line indicator.
Markets Live: Markets in India are likely to remain cautious, tracking the lower overnight close on Wall Street ahead of key inflation data there
Dishman Carbogen, PDS, Lux Industries, Intellect Design and J Kumar Infraprojects can rally up to 27% from here on suggests technical charts. Track key support and resistance levels here.
BSE, Angel One, CDSL, PB Fintech and Delhivery have rallied up to 19 per cent in the last four trading sessions backed by a notable rise in open interest; here's what the technical charts suggest.
Markets Highlights: Shriram Finance, Bajaj Finserv, Wipro, HCL Tech, and Infosys were among the 23 Nifty50 constituent stocks that ended in the green, with gains of up to 2.48 per cent
Broader indices have outperformed the Sensex and Nifty amid the recent market recovery, rallying up to 12% from November lows. These 5 mid-, small-cap stocks could swing up to 19% from present levels.
Cues from F&O market for December 10: Foreign investors are seen building long positions in Nifty futures thus far this month, with open interest rising by 27% in the last six days.
Markets Highlights: Benchmark Indian equity indices BSE Sensex, and Nifty 50 settled in the negative territory on Monday
Markets Highlights: Broader markets outperformed the benchmarks indices on Friday after the RBI left key rates unchanged and announced a 50 bps cut in CRR, while lowering its GDP forecast
Torrent Power on Friday said it has raised Rs 3,500 crore by issuing 2.32 crore equity shares at Rs 1,503 per piece through a Qualified Institutional Placement (QIP). Pursuant to the allotment of equity shares in the issue, the company's paid-up equity share capital has increased from Rs 480.62 crore, comprising 48,06,16,784 equity shares of Rs 10 each, to Rs 503.90 crore, comprising 50,39,03,543 equity shares of Rs 10 each, a BSE filing said. Fund Raising Committee of the Board at its meeting held on December 5, 2024, approved the issue and allotment of 2,32,86,759 equity shares to the eligible qualified institutional buyers at the issue price of Rs 1,503 per equity share (including a premium of Rs 1,493 per equity share) which is at a discount of Rs 52.75 per equity share i.e. 3.40 per cent to the floor price of Rs 1,555.75 per equity share to approximately Rs 3,500 crore following the Issue. In July this year, shareholders of the company approved the proposal to raise up to Rs ..
Pre-market update: RBI policy decision likely to set the equity market trend on Friday; Strong FIIs buying a positive; Ganesh Infraworld likely to witness a bumper listing on the NSE SME platform.
At 11:49 am; with Rs 2.91 trillion market-cap Zomato was trading 5% higher at Rs 301.50, as against 0.38% decline in the BSE Sensex.
Market Live: Investors in the domestic market are likely to remain cautious, while engaging in stock specific action, ahead of the RBI MPC meeting's announcement tomorrow
Technically, IndiGo stock seems to be facing resistance around its 100-DMA on the daily chart; however, the short- and the long-term trend seems favourable for the stock.
The Nifty has retraced over 38 per cent of its recent losses; technically the Nifty seems on course to test 24,700 levels in the near-term. Track key support, resistance levels here.
Pre-market update: Asian shares traded with steady gains on Thursday; Back home the weekly Nifty expiry and upcoming RBI policy outcome to weigh on investor sentiment today.
While the earlier QCom players offered a price advantage to DMart, Flipkart Minutes and Amazon Tez are slightly below DMart on price, while pushing QCom convenience
As per media sources, China has announced that it will implement stricter end-user and end-use reviews for graphite exports to the US.
According to reports, promoter Varun Alagh increased his stake in the company to 31.93 per cent.
Pre-market update: The strength in the Sensex, Nifty 3-day rally is likely to be tested on Wednesday amid tepid cues and as focus shifts towards the RBI policy.