These 3 stocks have shown substantial gains in Wednesday’s trading sessions, indicating strong bullish activity. Here’s an in-depth look. S.A.L. Steel Ltd S.A.L. Steel’s stock has given a volume price breakout and is trading above an important resistance level. The stock is currently trading at Rs 18.22 and has seen a spurt in volume in …
The Auto Ancillary Industry, integral to the Indian automotive sector, provides essential support equipment for vehicle manufacturing. This includes components such as tyres, batteries, brakes, suspension, and more. These companies play a pivotal role in ensuring the smooth functioning of the automotive ecosystem, contributing to the performance, safety, and functionality of vehicles. The provided table …
Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the red. The Nifty50 index commenced trading at 21,543.50 and eventually concluded at 21,150.15, marking a decline of 302.95 points or 1.41% compared to the previous day’s closing level of 21,453.10. Meanwhile, the BSE Sensex concluded at 70,506.31, reflecting a decline of …
As the broader market and small to midcap stocks enjoy a robust rally, there’s a quiet yet potentially lucrative segment that tends to get overlooked amidst the investing fervour – mining stocks. While technology stocks dominate the spotlight, the mining sector remains hidden in plain sight. In our pursuit of uncovering investment opportunities, we’ve undertaken …
Zydus Lifesciences and Bhansali Engineering Polymers are strong positive breakout candidates with price volume support. The stock price is currently trading at Rs 688 and Rs 116, respectively has witnessed a formation of rectangle and symmetric triangle chart patterns. The RSI, ADX and other parameters of technical analysis are in sync with the breakout. Zydus …
The Great Indian wedding season is back with a bang! A whopping spend of ₹4.25 trillion in wedding-related purchases and services was estimated from November 23, 2023, to December 15, 2023. This accounts for a 13.33% growth compared to the past year’s spending. People are increasingly spending on lavish, unconventional concepts to craft unforgettable, joyous …
Indian benchmark indices opened the session significantly higher and achieved all-time highs on the bourses, with information technology stocks leading the rally. At 11:00 am, the BSE Sensex surged 0.54%, reaching a level of 71,825. The Nifty 50 index climbed 0.57% to the 21,577 level. On the Sensex, Wipro, Tata Consultancy Services and Reliance Industries …
On Wednesday, the benchmark indices were trading higher with the Sensex up around 360 points or 0.50% at 71,795 while the Nifty-50 up around 122 points or 0.58% at 21,576. About 2,228 shares have advanced, 1,309 declined, and 156 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …
BigBloc Construction Limited, a burgeoning force in the Indian AAC (Aerated Autoclave Concrete) block manufacturing sector, is quietly making waves with its robust capacity of 8,25,000 cubic meters per annum. Operating across cutting-edge facilities in Vapi, Ahmedabad, and Palghar, the company has carved a niche for itself under the brand name NXTBLOC. Positioned as a …
Jubilant Pharmova and HDFC Bank are the strong positive breakout candidates with price volume support. Both the scrips are trading at Rs 515 and Rs 1,733, respectively, and have witnessed the formation of a rectangle and rounding bottom chart pattern. The RSI, ADX, and other parameters of technical analysis are in sync with the breakout. …
