Indian headline indices extended their sustained decline, commencing the week on a notably lower note. The downturn was primarily driven by losses witnessed in the auto, metals, energy, and oil & gas sectors. In contrast, the broader indices displayed considerable resilience as compared to the main indices. Godrej Agrovet Limited, a small-cap conglomerate in the …
Nifty has formed a bullish candlestick pattern with a long upper shadow on the daily chart and traded within the previous day’s range, which resembles a inside bar formation at the downtrend. Generally, the high and low of this candle are important for following sessions to know the further trend. Nifty opened higher at 19581 …
Nifty View: The Nifty erased almost all the losses from the previous day. However, profit booking in the last hour wiped out the initial gains, resulting in the Nifty settling with a gain of 0.60%. The price action remained within the high and low of the prior trading session, forming an inside bar with a …
Without producing enough revenue, a business will struggle even to carry out ordinary tasks like paying suppliers, purchasing raw materials, and paying its staff, let alone making investments. Besides, a company needs ample cash on hand to also meet its dividend obligations should it decide to reward its shareholders. Moreover, businesses with sufficient cash reserves …
Investing in the stock market can be a good way to grow your wealth over the long term. However, there are various stocks available in the market and finding the right ones may not be an easy task. Out of several kinds of stocks, sleeper stocks are the ones that have the potential to outperform …
Investors often need help understanding how market risk is evaluated in order to make a well-informed investment decision. One of the commonly used metrics, “Beta,” is both popular and intricate to grasp. Beta measures a stock’s volatility compared to the overall market. Stocks with a beta greater than 1 are more volatile than the market. …
The NSE benchmark Nifty50 is holding steady near 19,600 despite experiencing a significant drop of 257 points from its intraday high during the September derivative series expiry yesterday. Let’s start with today’s observation. It opened the day at 19,581, approximately a 60-point gap-up from the previous day’s closing level of 19,523, and it formed a …
Friday marked a positive note for the market, with both the Sensex and Nifty reporting gains of 0.49% and 0.59%, respectively. In this optimistic market sentiment, Emami Limited’s shares surged by 5.02%, accompanied by a remarkable increase in trading volume of more than 4.91 times. The company’s current market capitalization stands at Rs 23,930.40 crore. …
Eimco Elecon Limited, a stalwart in manufacturing and marketing equipment for underground and opencast mines, has some exciting news to share regarding its recent orders. According to the official report, Eimco Elecon has clinched an order from Inderdeep Construction Corporation for the supply of a coal mining machine package. The magnitude of this order is …
September proved to be a surprising month for the market. After consistently reaching new highs, the market experienced nerve-wracking volatility in the second half of the month due to global uncertainty, a spike in crude oil prices, and relentless selling by foreign institutional investors (FIIs). FIIs have been net sellers to the tune of Rs …
