Stock Market Updates - Angel One

Let’s start this expiry outlook with analysis of: Monthly, Weekly, And Daily time-frames. Chart Analysis Nifty CMP: 17,158 Time Frame Trend CandleStick RSI Resistance Support Monthly Bullish Bullish 63 (Neutral to Overbought) 18000 15500 Weekly Bearish Bullish 56  (Neutral) R1 -17365 R2 -18000 S1 – 16500 S2 – 16000 Daily Bullish Bullish 73 (Overbought) R1 …

All eyes are on Tesla, Elon Musk’s electric vehicle maker, as it makes an entry into India, as a fully-owned subsidiary in India, with a registered office in Bengaluru. This is the first step towards the company starting its India operations. Market analysts are watching the Tesla space closely, as it is bound to have …

NIFTY 50 is scheduled for a semi-annual rejig and may see a few changes in its composition. Adani Enterprise, another Adani Group company, is likely to see an inclusion in the index and replace Kolkata-based Shree Cement. The changes will be announced in August and will come into effect from September 2022. What is NIFTY …

The old year is over, and as we head into the new one, it is time to review the financial trends of last year and prepare for 2022. India’s equity markets reached new milestones, drawing many first-time investors. 2021 also saw an increasing number of unicorns, a rise in the organized sector, and new financial …

Mukesh Ambani led Reliance Group (RIL) has decided to become debt-free by March 2021, and it seems like the company is moving steadily towards its goal. Recently, it has raised $8 billion in foreign investment in deals with Facebook, Silver Lakes, and Vista PE, and now it declared the rights issue for its existing investors. …

The aluminium producer Hindalco Industries Ltd. released its Quarter 3 results on 10 February 2022. This company saw a rise in net profits and revenue for the quarter ending December in FY 22, which left investors duly happy. Check out the details of the same below. Let’s start! Key Highlights of Hindalco’s Q3 Results Here …

HDFC Bank has released its Q4 earnings for the fourth quarter on Saturday. The release of Q4 earnings data led to a 3.7% slump in HDFC stock on Monday early trading. The shares dropped to Rs. 1,409 on the BSE. Many analysts have reduced the target price estimates for HDFC bank, although some still remain …

The state-owned power producer said that it is considering equity buyback on November 2. In October, the company filed with the SEBI, seeking relaxation on the strict buyback norms has received approval from the market watchdog. Buyback of equity shares is the opposite of going public – a company buys back its shares from existing …

MCX has launched natural gas mini futures contracts. These will be available for trading from March 14, 2023. Initially, contracts expiring in April and May will be available for trading. Going forward, contracts for the subsequent months with 3 months expiry will become available on the exchange.   The minis will be available for 250 MMBtu …

India’s biggest public sector bank, State Bank of India (SBI), saw its stock hit an unprecedented peak, scaling 4.67 per cent compared to the prior close on the BSE, on the back of its first quarter earnings. The SBI share price touched Rs 467.3 on August 4, and gained over 66 per cent since January …