The Relative Strength Index of the stock stood at 32.05 on Tuesday.
Posts in category Economic Times
Share market update: Most active stocks on D-Street today in terms of volume (26-11-2024)
The NSE Nifty index was trading 21.4 points up at 24243.3
Rupee rises on residual equity index rejig inflows, sidesteps weak Asia FX (26-11-2024)
The Indian rupee strengthened to a three-week high of 84.23 against the US dollar on Tuesday, buoyed by inflows from MSCI’s index rejig. This rise occurred despite Trump’s tariff threats impacting Asian currencies and the US dollar’s gains. The RBI’s intervention last week and expected vigilance are key factors supporting the rupee’s resilience.
Share price of Varun Beverages as Nifty (26-11-2024)
A total of 98,328 shares changed hands on the counter till 09:58AM (IST).
Stock market update: Nifty Bank index 0.07% in an upbeat market (26-11-2024)
The Nifty Bank index was trading 0.07 per cent at 52171.60.
These 9 stocks saw a high increase in futures open interest (26-11-2024)
As of November 25, nine stocks in the NSE F&O pack saw a notable increase in futures open interest, with Oberoi Realty leading at a 20.57% rise, indicating growing market participation.
Vodafone Idea shares zoom 18% on in-principle Cabinet nod for bank guarantee waiver (26-11-2024)
Vodafone Idea’s shares surged 18% after the Indian government waived bank guarantees for past spectrum purchases. This move significantly benefits Vi, which faced a Rs 24,700 crore bank guarantee burden. While Airtel and Jio also benefit, their obligations are considerably smaller. Vi’s financial struggles prompted the waiver request, aiming to improve its credit access.
Buy ICICI Bank., target price Rs 1,500: Axis Securities (26-11-2024)
Axis Securities has issued a buy call for the ICICI Bank stock, projecting a target price of Rs 1500. Their rationale cites the bank’s strong Q2 earnings, with total income up nearly 28% year-over-year, and anticipates continued growth driven by its robust business performance, fee income, and excellent asset quality.
F&O Radar: Deploy Bull Call Spread in Divis Lab from potential bullish reversal (26-11-2024)
Divis Laboratories is nearing a breakout level of Rs 6,145, supported by strong volumes and positive divergence. A bullish trend is indicated, with upside targets of Rs 6,500-6,600.
Buy Dixon Technologies, target price Rs 17,500: Motilal Oswal Financial Services (26-11-2024)
Motilal Oswal Financial Services recommends buying Dixon Technologies stock, setting a target price of Rs 17,500. They project a strong growth for the company, with revenue, EBITDA, and PAT expected to rise significantly through FY27. This optimism stems from Dixon’s expansion in electronics manufacturing, consumer goods, and emerging tech sectors.