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Nifty once again opened with a gap down and recovered for the second successive day from the day's low on Wednesday. It tested the previous day's high and decisively closed above the 13EMA. A day before, the rollovers improved to 56.45. Like the
Shares of this media company have increased by 237 year to date and locked in the upper circuit on August 24. Billionaire Gautam Adani made a hostile takeover attempt for NDTV on Tuesday, first by indirectly acquiring a 29.18 share in the broadc
The surge in the share price of RBL Bank has been triggered by the approval of the fundraising plan by its Board. As the private banker announced on August 22 that its Board of Directors has approved fundraising of up to Rs 3,000 crore through the
Even so, near-term weakness in domestic steel prices cannot be ruled out absent a material improvement in global demand. China, the world's largest consumer of metals, has seen its demand shaken by policy-induced lockdowns and real estate slowdown
Jyothy Labs surged over 6 during the initial hours of Wednesday’s trading session. With the indices witnessing positive sentiment in the past 2 trading sessions, one stock that has outperformed the peers and the broader indices is Jyothy Labs.
Shares of Tejas Network Limited have surged 7.8 from its previous close of Rs 494 and are trading at Rs 532.55. On August 24, at 11:05 am, the market remains flat. S&P BSE Sensex is trading at 59071.19. Regarding sectoral performance, R
Realty, Private Banks, and Telecom stocks are on the move in the morning trade. On Wednesday morning, the benchmark equity indices opened on the lower side as the US market continues its losing streak for the third day now. The Asia Pacific mar
Most of the stocks registered open low candles on Tuesday and it sustained above the initial lows. Nifty opened below the 20DMA and recovered the initial losses. It also closed above the 13EMA. It formed a lower low and lower high candle but close
The anchor issue of Dreamfolks Services Ltd saw a robust response on 23rd August 2022 with 45 of the IPO size getting absorbed by the anchors. The announcement was made late on Tuesday. The IPO of Dreamfolks Services Ltd opens on 24th August 2022 in
The Rs.562.10 crore IPO of Dreamfolks Services Ltd consists entirely of an offer for sale of shares by the promoters and early shareholders. The issue has been priced in the band of Rs.308 to Rs.326 per share and the IPO allotment price will be disco
According to data put out by the Auto Components Manufacturers Association (ACMA), the Indian auto ancillary industry recorded total sales of Rs420,000 crore for the full year FY23 ended in March 2022. This is an all-time record and reflect the sharp
The traditionally cash rich Indian IT sector is facing a crunch of sorts. They are still sitting on piles of cash but in the last few quarters, the employee costs and travel costs have shot through the roof. The employee attrition for most of the lar
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