Reason for the price action Today, shares of Inox Wind Ltd (IWL) surged by 15% and hit a fresh 52-week high at Rs 332.40. The surge came after the company announced that its group company Inox Wind Energy Ltd (IWEL) has completed an infusion of Rs 800 crore into the company. This strategic action marks …
Market Update In today’s trading session, the Sensex experienced a 1.48% surge, and the Nifty demonstrated a 1.54% uptick. Concurrently, Nifty Midcap saw a 1.05% rise and Nifty Smallcap achieved a 1.19% increase. Noteworthy performers leading the upward trend include Nifty PSU Bank, Nifty Realty, and Nifty Bank, whereas Nifty Media and Nifty Pharma emerge …
Every investor participant in a company or any stock, such as promoters, FIIs, DIIs, and HNIs, plays a significant role in influencing share price movements, especially in the short-term horizon. In the long-term horizon, many factors drive the share price, including business performance, financial performance, the country’s economy, and more. The entry, increase, or exit …
The benchmark index S&P BSE 500 opened today at 29,083.87 and made its day high at 29,132.68 and it is trading in green today, up by more than 1.40% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more …
On Monday, the benchmark indices were trading higher with the Sensex up around 940 points or 1.4% at 68,420 while the Nifty-50 up around 298 points or 1.47% at 20,565. About 2,518 shares have advanced, 1,132 declined, and 197 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …
With wedding season rapidly coming, the next few weeks are projected to witness an increase in demand, making it an ideal opportunity for investors to explore investing in relevant businesses and sectors. According to a CAIT poll, about 35 lakh weddings are projected to take place across the country between November 23 and December 15, …
In the dynamic landscape of the Indian automotive industry, Mahindra & Mahindra (M&M) and Tata Motors emerge as key contenders, each navigating distinct paths in response to market challenges and opportunities. November 2023 witnessed contrasting sales performances, with M&M boasting a 32% surge in SUV sales while Tata Motors resiliently held ground amidst a marginal …
These 3 stocks have shown good chemistry with 50-day EMA in the last few trading sessions, indicating strong bullish activity. Here’s an in-depth look. EMA Bounce Back Strategy The 50-day EMA bounce strategy is based on the idea that a stock price that retraces to its 50-day EMA and then bounces off of it may …
The Nifty50 commenced the day with a bullish gap-up opening at 20,194.10, signalling a strong upward momentum that has persisted for the past three trading sessions. Following a breakout from the November 16 trading session high, the Nifty has been on a sustained upward trajectory. It managed to retain its gains from the first half …
Today, the broader indices, namely NSE Nifty50 and BSE Sensex, ended the day in the green. The Nifty50 index commenced trading at 20,194 and eventually concluded at 20,267.90, marking a gain of 134.75 points or 0.67% compared to the previous day’s closing level of 20,133. Meanwhile, the BSE Sensex concluded at 67,481 showing a positive …
