These three equities gained significantly during Wednesday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Sarla Performance Fibers Ltd Sarla Performance Fibers Ltd has recently demonstrated a notable volume-price breakout, accompanied by the formation of an inverted head & shoulder chart pattern on the weekly timeframe. Currently valued at Rs 63.85, the stock …
India’s Aquaculture Industry is riding the waves of global demand, with key players contributing significantly to the nation’s agricultural GDP. This financial analysis dissects the performance of leading companies, shedding light on their financial metrics and market positions. Financial Snapshot of Key Players: S.No. Name CMP (Rs) Mar Cap (Rs crore) Debt / Eq Debt …
With price volume support, Century Enka and NCC have strong bullish breakout potential. The stock price has displayed an inverted head & shoulder and flag & pole chart pattern breakout, and is presently trading at Rs 486 and Rs 192. The breakout corresponds to the RSI, ADX, and other technical analysis indicators. Century Enka Ltd …
In the current fiscal year, India continues to hold the title of the world’s fastest-growing major economy, boasting a robust GDP growth of 7.6% in Q2FY24. The Reserve Bank of India (RBI) responded to this economic vigour by revising the GDP forecast upward to 7%, marking a notable increase from the initial projection of 6.5%. …
Hold onto your popcorn, folks, because the spotlight is shining bright on the Nifty Media Index! As the curtains rose on the market today, it was this very sector that stole the show, surging a thrilling 2%. Forget boring bank stocks and predictable financials, the action was in the entertainment arena. Network18, TV18 Broadcast, Den …
Indian benchmark indices exhibited a flat trend with mixed performance across sectors. The BSE Smallcap index mirrored this trend, while the BSE Midcap index incurred notable losses. Real estate, oil & gas, energy, and metal stocks experienced a notable decline, while the information technology and consumer durables sectors attempted to offset losses. At 11:20 am, …
On Tuesday, the benchmark indices were trading flattish with the Sensex up around 14 points or 0.03% at 71,390 while the Nifty-50 down around 7 points or 0.03% at 21,539. About 1,914 shares have advanced, 1,739 declined, and 147 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …
Alok Industries, a textile manufacturer from the Reliance Group, has gained significant attention since the beginning of this year. This month, the share price experienced a notable upward momentum, which had been absent for a considerable period. Despite being backed by India’s largest conglomerate, Reliance Industries, as its promoter since FY2022, the company’s stocks did …
On Tuesday, the main stock indices closed the day with marginal gains. The Sensex edged up by 0.04% to finish at 71,385.21, while the Nifty saw a slight increase of 0.15%, closing at 21,544.85. Top-performing sectors included Nifty Realty, Nifty Auto, Nifty Pharma, and Nifty Metal, while Nifty Media, Nifty Financial Services, Nifty Bank, and …
In a significant stride towards fostering sustainable energy initiatives, Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has inked two Memoranda of Understanding (MoUs) with the Government of Tamil Nadu. This collaboration, signed on January 8, 2024, at Chennai Trade Centre, aims to propel the growth of the state’s renewable energy sector …
