A rounding bottom is a chart pattern in which the price of security forms a “U” shape, indicating a potential reversal in the trend. This pattern is often seen as a sign that the stock is oversold and that a bullish move is likely. Rounding bottoms can be formed over a period of weeks or …
Today, the broader indices, NSE Nifty50, and BSE Sensex, ended the day in the red. The Nifty50 index opened at 19,457, reflecting a flat opening compared to the previous day’s closing level of 19,443. During the intraday session, it reached a high of 19,464 and a low of 19,378, ultimately closing the day at 19,395, …
Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the red. The Nifty50 index opened at 19,486.75, reflecting a flat to negative start compared to Sunday’s mahurat trading closing level of 19,525.55. During the intraday session, it reached a high of 19,494.40 and a low of 19,414.75, ultimately closing the day …
During Monday’s trading session, the benchmark indices concluded the day with modest decreases, witnessing the Sensex and Nifty closing lower by 0.5% and 0.42%, respectively. In contrast, to dampen market sentiment, the shares of Mrs. Bectors Food Specialities Limited dazzled the eyes of investors as it traded at an all-time high 52-week high mark of …
In a recent conference call, Anupam Rasayan India Limited tackled the challenges within the agrochemical sector, focusing on the oversupply predicament from China affecting pricing dynamics, especially in the generic chemical segment. The management anticipates stabilisation and inventory rationalization by the end of 2023, with an optimistic demand outlook for 2024. Key Takeaways: Sustainability Commitment: …
At 3 pm, SignatureGlobal (India) shares were trading at Rs 705.85, up by 2.04% from its previous closing of Rs 691.75 on the BSE. SignatureGlobal is eyeing a 31% annual growth in its sales bookings to Rs 4,500 crore this fiscal year (FY24) on better housing demand. The company had achieved sales bookings of Rs …
Have you ever tried your luck by subscribing to any IPO? And getting the allotment is like the cherry on the cake. Sometimes, buying stock on the listing day itself has also proven to be a better decision, provided the stock is not listed at a stellar premium. Another crucial condition is that the company …
On Monday, the benchmark indices were trading flat with the Sensex down around 50 points or 0.08% at 65,320 and the Nifty-50 up around 4 points or 0.02% at 19,439. About 2,306 shares have advanced, 1,158 declined, and 213 are unchanged on the BSE. Top gainers and losers on the BSE Sensex Index are as …
In the intricate dance of global financial markets, the 10-year Government Securities (G-Sec) spreads between the United States and India have emerged as a key metric, guiding investors and shaping the landscape of Foreign Portfolio Investor (FPI) debt investments. A notable trend has surfaced over the past two years, challenging conventional wisdom and inviting a …
The benchmark index S&P BSE 500 opened today at 27,451.05 and made its day high at 27,451.41 and it is trading in red today, down by 0.30% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more …
