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Overnight Digest: Top 5 mid and small-cap stocks to watch out for March 8

7 March 2024

On Thursday, the main stock market indices ended the trading session on a flatter note. The Sensex, representing the overall market sentiment, edged slightly higher by 0.05 %, hitting a new peak of 74,245.17 points. Similarly, the Nifty index also saw an uptick of 0.09 %, reaching a fresh record high of 22,525.65 points. Notable …

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Top 3 breakout stocks trading below Rs 100

7 March 2024

These three equities gained significantly in today’s trading sessions, indicating strong bullish action. Here’s an in-depth look. JM Financial Ltd JM Financials’ stock price bounced from the support level at Rs 76.90, showing a strong move likely to face resistance after filling the gap. There’s a price volume breakout with a notable volume spike, indicating …

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Potential breakout stocks to watch: Blue Star and Strides Pharma Science

7 March 2024

Blue Star and Strides Pharma Science are identified as upside potential stocks based on technical analysis. Both stocks have displayed promising technical setups, including price volume action before and a potential to breakout. Currently trading at Rs 1,323.40 and Rs 816 respectively, their price structures align with positive signals from technical indicators like RSI and …

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Government plans to sell 7% stake via offer for sale in NLC India

7 March 2024

NLC India, formerly known as Neyveli Lignite Corporation Limited, a Navratna company engaged in the business of mining lignite and generating power using lignite, as well as renewable energy sources, announced an Offer for Sale on Wednesday. Offer For Sale According to the press release, the government may offload up to a 7% stake in …

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Top 3 breakout stocks trading below Rs 100

11 March 2024

These three equities’ volume gained significantly during Monday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Yes Bank Ltd  Today, Yes Bank’s stock faced a decrease in price by 0.84% to Rs 23.65. However, the trading volume remained high at 176,614,273 shares. This suggests a potential for a rebound as the stock is …

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Top 3 breakout stocks trading below Rs 100

6 March 2024

These three equities gained significantly in today’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Sadhana Nitro Chem Ltd Sadhana Nitro Chem Ltd has shown a significant bounce back from its 52-week low, currently trading at Rs 76.45, up by 7.37% from the previous close. It has faced resistance at Rs 84 and …

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Top 3 breakout stocks trading below Rs 100

5 March 2024

These three equities gained significantly in today’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Indbank Merchant Banking Services Ltd The stock of Indbank Merchant Banking Services Ltd is showing promising signs of an upward movement. Today, it experienced a significant price volume breakout, with the price hitting a high of Rs 56.40, …

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Top 3 breakout stocks trading below Rs 100

4 March 2024

These three equities gained significantly in today’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Bank of Maharashtra Ltd Bank of Maharashtra’s stock saw a slight increase today, closing at Rs 61.2, up 1.24% from the previous day’s close of Rs 60.45. It is trading near its 20-day Exponential Moving Average (EMA), indicating …

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Aurobindo Pharma’s Subsidiary Secures WHO Approval

12 March 2024

Last year, in September, the Prequalification Unit Inspection Team (PQT-INS) of the World Health Organization (WHO) inspected Unit IV of APL Healthcare Limited, which is one of the wholly-owned subsidiaries of Aurobindo Pharma Ltd. Regarding the same, in March 2024, the World Health Organization gave its approval. Details of the Inspection  Between September 11 and …

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Ambuja Cements Initiates Sale of 2% Equity in Sanghi Industries

12 March 2024

Ambuja Cements, which acquired Sanghi Industries in 2023, will sell up to 2% of the company’s equity to ensure compliance with minimum public shareholding norms. Ambuja Cements’ Stake in Sanghi Industries Ambuja Cements will sell the 2% equity of Sanghi Industries in the open market starting March 13, 2024, till February 6, 2025, or the …

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