Nifty 50 index rose 61 points, or 0.4 per cent, to end at a new lifetime high of 15,879.65
Assurance comes a day after the company's stocks slumped by more than 10% following profit warnings over scarcity of semiconductors
A perfect Death Cross is usually followed by a long-term downtrend that might last even for a year
Oversight effort mirrors a similar government pushback against Chinese technology companies, another group that has suffered stock declines.
The Eveready stock, however, moved up 6.11% to close at Rs 333.35 on BSE
While Adani Enterprises shares went up by 8.76% to close at Rs 1487.85 a share, APSEZ stock was up by 7.39% to close at Rs 694.60
Further rise in raw material prices could impact near term margins
Adani Power, Adani Total Gas and Adani Transmission hit their 5% lower trading limit for a fourth straight day
The shares plunged more than 52% in German trading, wiping out almost $9.6 billion in market value.
The six group stocks are down 4.5-16% this week following reports that the accounts of top FPIs have been frozen
Advance-decline ratio for May best 12 months; Momentum continues in June
Here are trading strategies for a few such counters that look bullish on the charts and can appreciate at least 20 per cent from here on in the next two months
Reports of a freeze on the accounts sent several Adani stocks plummeting earlier on Monday.
Street expects trend to continue with valuations supporting upmove
Asian shares mostly slipped Friday, dragged lower by a decline in technology stocks on Wall Street. Benchmarks fell in Tokyo, Seoul, Shanghai and Hong Kong but rose in Sydney. Traders are awaiting the US government's latest monthly jobs report, expected later Friday. Unemployment data announced Thursday was encouraging. But while an improved jobs market suggests the economy is gaining momentum after the pandemic, investors are keeping a close eye on signs of inflation, which especially hurts the tech sector. The benchmark S&P 500 index dropped 0.4 per cent on Thursday and is on track for a 0.3 per cent weekly loss. Japan's benchmark Nikkei 225 slipped 0.4 per cent to 28,937.79. South Korea's Kospi lost 0.3 per cent to 3,238.40, while Australia's S&P/ASX 200 rose 0.5 per cent to 7,295.40. Hong Kong's Hang Seng fell 0.3 per cent to 28,873.65 and the Shanghai Composite edged 0.1 per cent lower, to 3,581.55. Asian markets will likely be in a holding pattern on Friday, Prakash ...
With a 20 per cent jump on June 1, 2021, the stock of PNB Housing Finance has conquered the resistance of Rs 600 levels.
With a "Higher High, Higher low" formation, the stock of Pricol has gradually risen to higher levels recently.
The addition takes the existing ESOP pool to 2.4 million equity options
Apollo Tricoat's minority shareholders will receive one equity share in APL Apollo for each equity share held in Apollo Tricoat
The recent gap-up in the range of Rs 290 - Rs 282 levels remains the crucial breakout for the upside in Tata Motors