The Indian frontline indices experienced notable upward movement, driven by robust gains in the utilities, power, metals, and capital goods sectors. The impressive sectoral performance enabled the BSE Sensex, a key benchmark indicator, to surpass the historic 70,000 level. Additionally, the broader indices outperformed the main indices. Tata Motors has consistently been in the spotlight …
Jammu & Kashmir Bank is a strong positive breakout candidate with price volume support. The stock price is currently trading at Rs 121 and has witnessed the formation of an ascending triangle chart pattern. The RSI, ADX, and other parameters of technical analysis are in sync with the breakout. Ascending Triangle Chart Pattern An ascending …
These 3 stocks have shown substantial gains in Monday’s trading sessions, indicating strong bullish activity. Here’s an in-depth look. Energy Development Co Ltd Energy Development Corporation’s stock has given a volume price breakout on the day chart by taking 50-day EMA support last week. The stock is currently trading at Rs 26.15 and has seen …
About New Launch Indian Renewable Energy Development Agency (IREDA) has launched its retail division, which became operational on December 5. This strategic initiative is geared towards enhancing emphasis on providing loans to borrowers in the PM-KUSUM scheme, Rooftop Solar, and other Business-to-Consumer (B2C) sectors. Shortly after opening, IREDA’s Retail division quickly sanctioned its first loan …
Indian Railway Finance Corporation Ltd., a key player in the business of borrowing funds to finance assets leased out to the Indian Railways, has been on a notable trajectory. Founded in 1986 and headquartered in New Delhi, the company plays a crucial role in supporting the financial needs of the Indian Railways. Technical analysis A …
As the global energy landscape undergoes a transformative shift, with the spotlight firmly fixed on clean and sustainable solutions, investors are seizing the opportunity to capitalize on this dynamic sector. Analysing the power index S&P BSE Power index is trading at its all-time high gaining more than 13% last week. On February 27, 2023, it …
The benchmark index S&P BSE 500 opened today at 29,649.85 and made its day high at 29,697.73 and it is trading in green today, up by more than 0.20% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more …
Introduction: In the dynamic world of stocks, there’s a saying by Vladimir Ilyich Lenin that perfectly captures the essence of certain market moments: “There are decades where nothing happens, and there are weeks where decades happen.” Well, welcome to one such exhilarating week in the life of SpiceJet Ltd, where the stock price has taken …
An Investor has to be observant in cases where the promoter pledge is more than 50% and if the pledge proportion crosses the 75% threshold over a period of time then it is essential to be extra vigilant and cautious. Mayuresh Joshi As per the latest pledged shares data released by the BSE, there are …
The big story in the last one year has been the aggressive flow of investments into Indian equities and debt. In fact, the sub-narrative is a lot more important. While equity has been more or less neutral considering the valuations, it is debt that has actually attracted the lion’s share of the inflows. We are …
