Will it be Noel Tata, Ratan Tata’s half brother?
These 4 Nifty stocks showed higher RSI trends on October 10 (11-10-2024)
An uptrend signal is indicated when the RSI value crosses above 50 from below.
Gold trading Strategy: Avoid large short positions; check key levels here (11-10-2024)
Spot gold at the time of the MCX closing was trading at $2624, up around 0.55 per cent on the day. The MCX December Gold contract at Rs 75,152 (LTP) was up nearly 0.30 per cent.
Oberoi Realty board OKs fund raising upto Rs 6,000 cr (11-10-2024)
The realty major’s board has approved the proposal for raising of funds upto Rs 6,000 crore by way of issuance of equity shares, eligible securities, other securities or instruments or any combination of securities by way of private placement.
Bullish Momentum: 5 stocks that formed White Marubozu Pattern on Oct 10 (11-10-2024)
Represented by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it indicates strong buying pressure throughout the session.
Silver strategy: Buy the dips; support at Rs 87,500, resistance at 91,500 (11-10-2024)
Surging US Dollar Index and tumbling bond prices are acting as headwinds for the metal as the US rate cut pace has become somewhat uncertain in the short term. Dip buying is preferred.
F&O Ban List: Chambal Fertilizers, IDFC First Bank among 12 stocks under trade ban on Friday (11-10-2024)
A dozen stocks are under a futures and options trade ban on Friday due to exceeding market wide position limits. These include Bandhan Bank, Birlasoft, Chambal Fertilizers, GNFC, Granules India, Hindustan Copper, IDFC First Bank, Manappuram Finance, Punjab National Bank, RBL Bank, SAIL, and Tata Chemicals.
Will banks lead the next phase of rally? Gurmeet Chadha answers (11-10-2024)
Gurmeet Chadha highlights the bank stocks’ potential due to current valuations and expected rate cuts by RBI. He notes possible recovery for PSU banks and rotation towards stock-specific actions amidst market consolidation. Chadha also emphasizes IT sector’s resilience and Tata Group’s significant role in emerging sectors like semiconductors and clean energy.
Stock to watch: Anand Rathi Wealth shares in focus on 32% YoY Q2 PAT growth, interim dividend (11-10-2024)
Anand Rathi Wealth’s shares remain in focus as its Q2FY25 net profit surged 32% to Rs 76 crore and revenue hit Rs 250 crore. The company announced an interim dividend of Rs 7 per share and saw a 57% YoY growth in AUM to Rs 75,084 crore.