The domestic indices initiated the trading session on a lower note but underwent a robust ascent, trading higher primarily due to significant gains in auto, financial services, and banking stocks. At 10:20 am, the BSE Sensex gained 0.40%, reaching a level of 71,421. The Nifty 50 index climbed 0.42% to the 21,612 level. On the …
These three equities gained significantly during Wednesday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. SEPC Ltd SEPC exhibits a compelling technical setup. The stock has demonstrated a Price Volume Breakout along with a 52-week high breakout, signifying a strong bullish sentiment. Furthermore, it is currently trading above all key moving averages, reinforcing …
On Wednesday, the benchmark indices were trading in the green with the Sensex up around 277 points or 0.38% at 71,420 while the Nifty-50 up around 90 points or 0.42% at 21,612. About 2,341 shares have advanced, 1,182 declined and 152 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index …
What is Swing Trading? Swing trading is one of the many trading techniques where traders aim to capitalise on the price movements that occur within a larger trend in an asset. The technique involves holding onto positions over multiple days or weeks to profit from the price swings. Here’s a quick example of how swing …
On Tuesday, the benchmark indices were trading in the red with the Sensex down around 180 points or 0.22% at 71,780 while the Nifty-50 down around 12 points or 0.06% at 21,726. About 2,209 shares have advanced, 1,324 declined and 157 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index …
On Friday, Tata Consultancy Services shares surged 3.39% to trade at its 52-week high of Rs 3,982.05, from its previous closing of Rs 3851.45 on the BSE. World’s Most Admired Company Tata Consultancy Services (TCS) has been named in the FORTUNE® Magazine 2024 list of the World’s Most Admired CompaniesTM. Guided by a deep-rooted culture …
In a surprising move, Meta Platforms Inc., the parent company of Facebook, has declared its first-ever dividend for investors, and CEO Mark Zuckerberg is set to cash in big. With a quarterly cash dividend of 50 cents a share, Zuckerberg, who owns about 350 million shares, stands to rake in a whopping $175 million in …
The automotive sector, a bellwether for economic activity, experienced a dynamic start to the year with the release of the January 2024 sales report. This crucial data not only serves as a barometer for the health of the industry but also provides insights into consumer preferences, market trends, and the competitive landscape. The diverse range …
Suzlon Group, India’s one of the renewable energy champions, has secured a massive order for 642 MW of wind turbines from Evren, a joint venture between Brookfield and Axis Energy. This landmark project, located in Andhra Pradesh, will utilize 214 of Suzlon’s powerful 3 MW turbines, each boasting a Hybrid Lattice Tubular tower and the …
The Indian stock market closed higher on January 29, 2024. The benchmark indices, Nifty 50, closed at 21,737 with a gain of 1.80%, and Sensex rose 1.76% to 71,941 settled. As per experts, investors are quite optimistic about the market. However, the market could witness a resistance at 21,750. On January 29, 2024, FIIs bought …
