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Upper Circuit Stocks Today – 6 October, 2023

Upper Circuit Stocks Today – 6 October, 2023

6 October 2023

On Friday, the benchmark indices were trading higher with the Sensex up around 210 points or 0.32% at 65,828 and the Nifty-50 up around 60 points or 0.30% at 19,605. About 2,034 shares have advanced, 891 declined, and 115 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …

Top Two Stocks to Watch Today – 06 October, 2023

Top Two Stocks to Watch Today – 06 October, 2023

6 October 2023

Nifty opened above 19,500 and extended gains to touch a high of 19,576 but remained range-bound for the rest of the day. Nifty closed at 19,546, up 0.50% from the previous day. Nifty made a smart recovery after two days of selloff amid widespread buying as a drop in crude prices and a dip in …

Nifty and Bank Nifty Analysis and Trading Strategy for October 06, 2023

Nifty and Bank Nifty Analysis and Trading Strategy for October 06, 2023

6 October 2023

Nifty View: As we expected, Wednesday’s late afternoon recovery continued. The Hammer or dragonfly doji candle received confirmation for the short-term pullback. Now, the level of 19457 has become an important support for the market. On the upside, the 50 DMA of 19607 is the immediate target and resistance. Above this, the index can test …

Overnight Digest: These Small and Mid-Cap stocks will be on radar for October 6, 2023

Overnight Digest: These Small and Mid-Cap stocks will be on radar for October 6, 2023

5 October 2023

Overview after market close October 5, 2023 The Nifty 50 index opened with a gap-up at 19521.85 with day low of 19487.3 and high of 19576.95.  On daily timeframe Nifty made a small bodied bullish candle with wicks on both sides indicating current indecision in the market. It is often seen as a neutral pattern, …

Anant Raj Limited: A data centre and real estate giant in the making has gained over 1,000% in three years

Anant Raj Limited: A data centre and real estate giant in the making has gained over 1,000% in three years

5 October 2023

Anant Raj Limited has delivered multibagger returns to its shareholders in the last three years. During this period, the company’s share price jumped from Rs 21.30 on October 09, 2020, to Rs 235.60 on October 05, 2023, an increase of more than 1000% in a three-year holding period. An investment of Rs 1 lakh in …

Indian Energy Exchange powers ahead with impressive September 2023 update

Indian Energy Exchange powers ahead with impressive September 2023 update

5 October 2023

Indian Energy Exchange Limited (IEX) which provides an automated platform and infrastructure for carrying out trading in electricity units for physical delivery of electricity has reported impressive results for September 2023 in its recent media release. The leading energy exchange achieved an overall volume of 9147 MU, reflecting a substantial 13% year-on-year growth. This figure …

Dark horse stock of the day: Utkarsh Small Finance Bank rallies 20%

Dark horse stock of the day: Utkarsh Small Finance Bank rallies 20%

5 October 2023

Shares of Utkarsh Small Finance Bank Limited witnessed a significant surge today. The stock opened trading at Rs 52.35 per share, marking a 2% increase compared to the previous day’s closing price of Rs 51.32 per share. The stock hit the upper circuit price limit of 20% in today’s trading session. What’s more, it has …

Volume Buzzers: Stocks with high trading activity today, 5 October 2023

Volume Buzzers: Stocks with high trading activity today, 5 October 2023

5 October 2023

In terms of sectoral performance, leading the charge are Nifty IT, Nifty Media, and Nifty Auto, while Nifty Pharma, Nifty Metal, and Nifty PSU Bank have faced some headwinds. Taking a closer look at individual stocks, gainers within the Nifty 50 include L&T, Titan, and Infosys. Conversely, Power Grid, Divi’s Laboratories, and HDFC Life find …

Maruti Suzuki: Yen for success in a volatile foreign exchange market

Maruti Suzuki: Yen for success in a volatile foreign exchange market

5 October 2023

The company is a subsidiary of Suzuki Motor Corporation of Japan. MSIL manufactures a wide range of vehicles, including hatchbacks, sedans, SUVs, and vans. Foreign Currency Exposure Foreign currency exposure is the risk of loss that arises from changes in the value of foreign currencies. Maruti Suzuki India Limited (MSIL) pays a royalty to its …

APL Apollo Tubes excels with the highest quarterly sales volume in Q2FY24

APL Apollo Tubes excels with the highest quarterly sales volume in Q2FY24

5 October 2023

Indian benchmark indices opened the trading session on a notably higher note, marking a rebound following an extended period of decline, fuelled by substantial gains in the consumer durables, banking, and information technology sectors. Despite a strong start to the trading session, broader indices exhibited a significant decline, falling behind the performance of the main …

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