On June 25, three stocks from the Nifty50 pack appeared in the RSI Trending Up scan, according to the stockedge.com data.
AIMIM President Asaduddin Owaisi caused a political stir during his oath-taking ceremony in the Lok Sabha by expressing solidarity with Palestine and hailing Telangana. BJP's Radha Mohan Singh, presiding over the session, assured that only the official oath would be recorded following strong objections from BJP lawmakers. Owaisi defended his statements, invoking Mahatma Gandhi's views on Palestine. Union Minister Shobha Karandlaje sought action against Owaisi's remarks, urging a retake of the oath. Читать дальше...
Copa America 2024 host USA or USMNT will take on minnow Panama in a crucial soccer game ahead of big clash against Uruguay.
Olectra Greentech Ltd., incorporated in the year 2000, is a Small Cap company (having a market cap of Rs 14841.84 Crore) operating in Electric/Electronics sector.
The Instagram video by 'Witty Engineer' on Noida's high real estate prices prompted varied reactions from netizens, with discussions on luxury living, alternatives abroad, and India's challenges. Well-known YouTuber Akshat Shrivastava also weighed in.
On June 25, the closing prices of five stocks from the Nifty500 pack dropped by more than 2% relative to the VWAP, and a shift below the VWAP suggests a potential bearish trend.
Kalpataru Projects International Ltd., incorporated in the year 1981, is a Mid Cap company (having a market cap of Rs 19238.50 Crore) operating in Power sector.
Within the blue-chip Nifty50 pack, UltraTech Cement was the top gainer with an upside of 2%. Other gainers were ICICI Bank, L&T, NTPC, LTIMindtree, and Bajaj Finance. On the other hand, stocks like Apollo Hospitals, Hindalco, M&M, and HDFC Bank came under selling pressure with losses of up to 1.6%.
Welspun Corp Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 14175.80 Crore) operating in Metals - Ferrous sector.
India's entry into JPMorgan's GBI-EM index is set to reshuffle $11 billion from various markets, impacting South Africa, Poland, Thailand, Czech Republic, Chile, and the EMEA region. With Russia's exit, China, Indonesia, and Mexico maintain stable weights, affecting Latin America and boosting EM Asia.
Avalon Technologies Ltd., incorporated in the year 1999, is a Small Cap company (having a market cap of Rs 3650.67 Crore) operating in General sector.
On June 25, the closing prices of four stocks from the Nifty500 pack rallied over 1.5% relative to the VWAP, and a shift above the VWAP suggests a potential bullish trend.
The F&O contracts of any stock enter the ban period when the OI on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%
Regarding options trading, the highest Call Open Interest (OI) is concentrated at the 24,000 and 23,600 strikes, while the highest Put OI is positioned at the 23,000 and 23,500 strikes.Call writing activities are observed at the 23,900 and 23,700 strikes, whereas Put writing is evident at the 23,400 and 23,500 strikes.
Transition from IC to electric vehicle is giving a significant opportunity to the battery manufacturers. And remember, in IC, the battery used to be one component, whereas in EV that is going to be the most important component. The opportunity size for the battery manufacturer in the automobile ecosystem is going up many-many fold, says Sudip Bandyopadhyay
It is difficult to gauge changes in core fundamentals in just two weeks, but it appears that there is a level of political continuity that is acceptable to markets. It isn’t just retail investors; by June 24, foreign portfolio investors have added Rs 13,000 crore into equity markets as well. In the short term, the markets are slaves of liquidity, and the inflows seem to be strong.
On the option front, the maximum call OI is at 24,000 then 23,600 strike, while the maximum put OI is at 23,000 and then 23,500 strike. Call writing is seen at 23,900, then 23,700, while put writing is seen at 23,400, then 23,500.
In the upcoming privatisation of Pakistan International Airlines, Finance Minister Muhammad Aurangzeb and Coordinator to Prime Minister Shahbaz Sharif play crucial roles in ensuring transparency and efficiency in the process.
The Mumbai real estate sector, particularly in the greater MMR region like Thane, has thrived in the past two years, outpacing traditional growth markets. Companies like Raymond, Oberoi Realty, and Godrej, with investments in this area, are poised for strong performance amidst upcoming metro projects.
During the recent UN General Assembly debate, India's representative reiterated the nation's firm stance on the integral status of Jammu and Kashmir and Ladakh within the country, emphasizing sovereignty and rejecting baseless narratives.
Julian Assange, founder of WikiLeaks, has reached a plea deal with prosecutors, affecting American press freedoms but allowing him to walk free after more than five years in British custody. The agreement, concluded on Wednesday in a courtroom in a remote U.S. commonwealth in the Western Pacific, involved Assange pleading guilty to one charge of violating the Espionage Act.
It is always good to have FIIs at the lowest level of ownership. At the peak, we had 24% of the market owned by FIIs. Today, we are close to 16%. So, most of the remainder of investors probably are going to be long-term. They are unlikely to keep on selling more where this ownership is going to go lower, says Samit Vartak.
Select momentum stocks are getting back with mojo
North Korea's missile launch on Wednesday ended in failure as the device exploded mid-air, according to South Korea's military. Officials suspect that the failed launch involved a hypersonic missile.
