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Overnight Digest: Top 5 mid and small-cap stocks to watch out for February 22

Overnight Digest: Top 5 mid and small-cap stocks to watch out for February 22

21 February 2024

On Wednesday, the stock market couldn’t sustain its early gains ahead of the release of FOMC meeting minutes. The main stock indices ended the day with a slight decrease: the Sensex fell by 0.59% to close at 72,623.10, and the Nifty dropped by 0.64% to 22,055.05, down nearly 200 points from its recent peak of …

Best waste management and recycling stocks in India

Best waste management and recycling stocks in India

21 February 2024

Waste management and recycling companies play a crucial role in promoting environmental sustainability by efficiently managing and repurposing waste materials. In recent years, these companies have garnered attention, driven by increasing urbanisation, environmental consciousness, and stricter regulations from investors and stakeholders alike due to their contribution to mitigating environmental concerns and their potential for financial …

Top 3 breakout stocks trading below Rs 100

Top 3 breakout stocks trading below Rs 100

21 February 2024

These three equities gained significantly during Wednesday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Manaksia Coated Metals & Industries Ltd Manaksia Coated Metals & Industries exhibits a compelling technical setup. The stock has demonstrated an indication of a Price Volume Breakout along with a breakout of consolidation and bounce from the trendline …

Under Rs 500: These Stocks Surged Over 15% and Hit 52-Week High Today

Under Rs 500: These Stocks Surged Over 15% and Hit 52-Week High Today

21 February 2024

Today, the NSE Nifty50 and BSE Sensex ended the day in the red. The Nifty50 closed at 22,055, falling around 0.64% compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 72,623, reflecting a decline of around 434 points. Among all the stocks listed on the NSE, 146 stocks reached their 52-week …

Ambuja Cements hits 52-week high on plans to establish cement grinding unit in Jharkhand

Ambuja Cements hits 52-week high on plans to establish cement grinding unit in Jharkhand

21 February 2024

On Wednesday, Ambuja Cements shares surged 1.31% to trade at a fresh 52-week high of Rs 596.5, from its previous closing of Rs 588.80 on the BSE. Establishing a cement grinding unit Ambuja Cements is planning to establish a state-of-the-art cement grinding unit with an investment of Rs 1000 crore in Motia Village of Godda …

Breakout stocks of the day: Bajaj Consumer Care and Bigbloc Construction

Breakout stocks of the day: Bajaj Consumer Care and Bigbloc Construction

21 February 2024

Bajaj Consumer Care and Bigbloc Construction are identified as potential bullish stocks based on technical analysis. Both stocks have displayed promising technical patterns, including price volume support and a potential to breakout. Currently trading at Rs 241 and Rs 253 respectively, their price structures align with positive signals from technical indicators like RSI and ADX, …

A Comprehensive Overview Of Indian Footwear Industry

A Comprehensive Overview Of Indian Footwear Industry

21 February 2024

The Indian footwear industry holds a pivotal position in the nation’s economy, offering substantial contributions to both economic growth and employment opportunities. Combining traditional craftsmanship with modern manufacturing techniques, this sector has experienced remarkable growth over the years. However, amidst its successes, it encounters various challenges, reflecting the complexity of operating in a dynamic market …

$241 million accounting problem discovered at Zee Entertainment

$241 million accounting problem discovered at Zee Entertainment

21 February 2024

In a recent turn of events, India’s market regulator, the Securities and Exchange Board of India (Sebi), has uncovered a significant financial discrepancy in the accounts of Zee Entertainment Enterprises Ltd. The media giant, which recently faced a setback with the collapse of its merger with Sony Group Corp’s local unit, now finds itself dealing …

Wipro and Intel foundry join forces to advance AI-driven design

Wipro and Intel foundry join forces to advance AI-driven design

21 February 2024

About Partnership Wipro is partnering with Intel Foundry to accelerate innovation in chip design, particularly for AI applications. The collaboration aims to address the rising demand for AI chip manufacturing, driven by companies seeking generative AI solutions. The partnership will leverage Wipro’s design expertise and Intel Foundry’s manufacturing prowess, empowering clients in sectors like automotive …

Share Market Pre Open Updates – February 21, 2024

Share Market Pre Open Updates – February 21, 2024

20 February 2024

The benchmark indices, Nifty 50 and Sensex maintained a positive streak for the third consecutive trading session. Nifty 50 settled at 22,196 with a gain of 0.34%, while the Sensex closed at 73,057, with a rise of 0.48%. Experts believe that the Nifty 50 is moving towards a target of 22,500 and technical indicators such …

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