Despite reaching a new all-time high after a flat opening, the Indian stock market succumbed to mild selling pressure in the later trading session. Both benchmark indices, the Nifty 50 and Sensex, closed lower by 0.43% and 0.54% respectively, indicating a dominant bearish sentiment. The NSE Advance-Decline ratio of 1:2 corroborates this, suggesting that more …
Tata Motors, India’s leading commercial vehicle manufacturer, is showcasing its commitment to innovation, sustainability, and excellence across various fronts. From receiving CMVR Type Approval for its groundbreaking hydrogen fuel cell electric bus to expanding its small commercial vehicle portfolio, the company is making significant strides towards a cleaner and more efficient future. This report provides …
These 3 stocks have shown substantial gains in Wednesday’s trading sessions, indicating strong bullish activity. Here’s an in-depth look. HOV Services Ltd HOV Services’ stock has given a volume price breakout on the weekly chart by taking 50-day EMA support 4 weeks ago. The stock is currently trading at Rs 78 and has seen a …
On Wednesday, NLC India shares surged 12.45% to hit a fresh 52-week high of Rs 212.65 from its previous closing of Rs 189.10 on the BSE. Towards Green Initiative Continuing its dedication to environmental sustainability, NLC India is building a new M-Sand Plant. This plant aims to address the scarcity of natural sand for construction …
Foray into the EV market Hindalco Industries, a leader in aluminium rolling and recycling, is poised to tap into the emerging electric vehicle (EV) market by investing Rs. 800 crores in a new battery foil manufacturing facility near Sambalpur, Odisha. This facility, expected to be operational by July 2025, will initially produce 25,000 tonnes of …
The Nifty PSE Index is composed of companies where the Central or State Government holds at least 51% of the outstanding share capital, either directly or indirectly. Dominated by Oil & Gas (36%) and Power (28%), exemplified by strong performers like Oil India (152%) and NTPC (67%), the index also features Financial Services (13%) with …
India is home to a diverse range of ecosystems, topographies, and locations of outstanding natural beauty. This offers an enormous opportunity to realise the potential of the tourism industry. The travel market in India is likely to reach US $125 billion by FY 2027 from an estimated US $75 billion in FY 2020. In India, …
These 3 stocks have shown substantial gains in Tuesday’s trading sessions, indicating strong bullish activity. Here’s an in-depth look. Surana Solar Ltd Surana Solar’s stock has given a volume price breakout on the weekly chart by taking 50-day EMA support 7 weeks ago. The stock is currently trading at Rs 32.25 and has seen a …
During Tuesday’s deals, the shares of JTEKT India Limited zoomed by 3.43%. Furthermore, the scrip witnessed a massive spurt in volume by more than 10.34 times. The company’s current market capitalisation is Rs 3,353.01 crore. Technical outlook As of December 12, 2023, the stock’s 200-day moving average (DMA) stood at Rs 132.58, while the 50-DMA …
Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the red. The Nifty50 index commenced trading at 21,018.55 and eventually concluded at 20,906.40, marking a decline of 90.70 points or 0.43% compared to the previous day’s closing level of 20,997.10. Meanwhile, the BSE Sensex concluded at 69,551.03, reflecting a decline of …
