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, …
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 …
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 …
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 …
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 …
On Monday, the Nifty 50 index reached a new all-time high of 22,186.65 where the Sensex is still 600 points away from its all-time high. This surge provided an opportunity for profit-taking, stock rebalancing, and portfolio adjustments. Despite this, the Nifty Bank, a significant driver of the Nifty 50’s upward momentum, is trading within its …
Devyani International portrays a promising technical scenario as the stock is trading in a long-term channel and showing signs of possible reversal. Recently, the stock price has witnessed a heavy sell-off near the oversold region, currently showing a good bounce back. Here is a detailed analysis. Devyani International Ltd Trading in Channel The stock is …
The benchmark index S&P BSE 500 opened today at 32,041.18 and made its day high at 32,041.18, and it is trading in red today, with a slight decline of 5.74 points or 0.02%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 6% …
Despite initially opening lower, domestic indices picked up momentum during the trading session, driven by strong performances in the power, utilities, financial services, and banking sectors. Conversely, the auto, metals, and oil & gas sectors experienced significant selling pressure, reflecting negative investor sentiments. At 10:40 am, the BSE Sensex added 0.11%, reaching a level of …
On Tuesday, the benchmark indices were trading in the green with the Sensex up around 90 points or 0.12% at 72,803 while the Nifty-50 up around 3 points or 0.01% at 22,125. About 2,083 shares have advanced, 1,478 declined and 125 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index …
