RateGain IPO: Subscription for public issue worth ₹1,335.74 crore is closed and bidders are anxiously waiting for announcement of share allocation, which is expected on 14th December 2021. It has come down from ₹80 to ₹45 in last three days, indicating weak sentiment in regard to the public issue ahead of share allotment date, which […]
According to Rallis India share price history; this stock is trading at near 7 per cent discount in year-to-date time whereas in last six months, it has crashed to the tune of 23.50 per cent. Speaking on the fundamentals that may support ‘bounce back’ in Rallis India share price; Manoj Dalmia, Founder & Director at […]
Day trading guide for Friday: After showing sharp upside move in the last couple of sessions, Indian stock market shifted into a consolidation on Thursday session. On a day when the volumes on the NSE were in line with recent averages; capital goods, telecom and FMCG indices surged the most, while banks and consumer durable […]
Going forward, the demand for robotic process automation and digital commerce applications will also grow, IDC said in the report released on Thursday. “Indian enterprises are continuing their digital transformation initiatives with a clear focus on scalable, secure and agile frameworks. IDC data on the first half of 2021 shows the size of the software […]
Day trading guide for Thursday: After showing a sharp upside bounce from the lows on Tuesday, the strong upside momentum continued in the Indian stock market on Wednesday. On a day when the volumes on the NSE were higher than the recent average; realty, metals, auto, telecom, IT and bank indices surged the most. Unveiling […]
Day trading guide for Wednesday: After showing sharp weakness on Monday, Indian stock market witnessed a decent comeback on Tuesday and closed the day in green territory. …Read the full story
Day trading guide for Tuesday: After showing higher level weakness on Friday, Indian stock market continued with sharp decline on Monday and closed in negative territory. The negative chart set up like lower tops and bottoms is intact on the daily and weekly chart and the recent swing high on Ne Nifty of 17,489 could […]
“While the new Omicron variant seems to be more infectious than the Delta variant, we still have little to no information regarding the fatality rates or what it’s effects are on the people already vaccinated. “In terms of the market, covid led to a massive rally in the global stock market, and I doubt that […]
According to market experts, recent upside bounce of the last few trade session seems to have completed and the market has turned down from the highs. Unveiling intraday trading strategy for Monday; Nagaraj Shetti, Technical Research Analyst, HDFC Securities said, “The near term trend of Nifty continues to be down and the recent pullback rally […]
It would be nice to say that the Omicron fall-rebound-fall pattern holds a deep lesson on investor biases, the overextended state of the market or the tendency of the market to ignore obvious risks and then panic. Unfortunately, the explanation for the scale of Friday’s fall and Monday’s partial rebound is prosaic: Something potentially very […]
Multibagger stock in Rakesh Jhunjhunwala portfolio: Anant Raj shares are one of the multibagger stocks in 2021 that has delivered around 150 per cent return to its shareholders in year-to-date time i.e. They said that Anant Raj share price is facing strong hurdle at ₹80 but once it manages to break this hurdle, it would […]
Day trading guide for Friday: After showing a sustainable upside bounce on Wednesday, Indian stock market witnessed sharp follow-through upside move on Thursday session. Unveiling intraday trading strategy for today’s trade session; Nagaraj Shetti, Technical Research Analyst at HDFC Securities said, “Thursday’s upside move seems to have strengthened the upside bounce, which started from the […]
Therefore, it has become imperative for the Company to pass on some impact of the above additional costs to customers through a price hike,” Maruti informed in an exchange filing today. Tata Power: Tata Power has collaborated with amã Stays & Trails, India’s first branded homestay portfolio by Indian Hotels Company Ltd, to set up […]
In last six months, Ramco Systems share price has depreciated from around ₹550 to ₹380 per share levels, logging near 30 per cent dip in this period. According to stock market experts, this Vijay Kedia share is looking positive on chart pattern as it has strong support at ₹320 per share levels whereas it has […]
India’s leading non-banking wealth solutions firm plans to raise ₹660 crore from its public issue and it has fixed price band of the issue at ₹530 to ₹550 per equity share. Market observers went on to add that rise in GMP despite weak bias at Indian stock market augurs well about the public issue. As […]
NSE Nifty closed decently higher by 183 points and closed at 17,166 levels whereas BSE Sensex shot up 619 points and closed at 57,684 levels. According to stock market experts, technically this trade pattern indicates a formation of pullback rally of a down trend. Unveiling intraday trading strategy for Thursday; Nagaraj Shetti, Technical Research Analyst […]
Day trading guide for Wednesday: After a sustainable upside recovery from the lows on Monday, the Indian stock market failed to sustain the highs on Tuesday, as it witnessed high volatility and closed the day in negative territory. On a day when the volumes on the NSE were very high , consumer durable and IT […]
For last one month, this multibagger brewery stock is under selloff pressure but for those investors who continued with ‘buy, hold and forget’ strategy, this stock has helped their money grow many folds. According to United Spirits share price history, this multibagger stock has been under profit-booking pressure for some times as it has shed […]
Despite the pullback, India remains among the top performers in CY21, with the Nifty up 21% in CY21 as compared to a flattish performance of the MSCI EM Index. “The decline in active cases has led to an increase in economic activity and mobility. Travel, Tourism, Hospitality, and Retail, has seen significant outperformance in the […]
Day trading guide for Monday: After showing minor pullback rally on Thursday, Indian stock market crashed on Friday due to the fresh scare about the new Covid variant identified in South Africa. Speaking on intraday trading strategy for Nifty today; Nagaraj Shetti, Technical Research Analyst at HDFC Securities said, “The market has been in a […]