Time be cautious? In the past, the NSE Nifty 50 index has plunged as much 65% from its high after the monthly RSI peaked above the 80-mark. At present, Nifty monthly RSI stands near 83.
J&K sees 11.60% voter turnout in first two hours of final phase Assembly polls (01-10-2024)
Voting commenced at 7 AM across 5060 polling stations in 40 Assembly segments, spanning seven districts of the Union Territory. The electoral process is being conducted under tight security measures to ensure a safe and fair voting environment.
Bharat Forge shares up 0.34% as Nifty drops (01-10-2024)
A total of 9,031 shares changed hands on the counter till time (IST).
Nifty below 25,800; metal shares lackluster (01-10-2024)
At 11:30 IST, the barometer index, the S&P BSE Sensex, declined 129.62 points or 0.15% to 84,170.16. The Nifty 50 index fell 50.45 or 0.20% to 25,760.40.
United Spirits shares up 0.15% as Sensex falls (01-10-2024)
A total of 5,495 shares changed hands on the counter till 11:30AM (IST)
InterGlobe stock price up 2.07 per cent as Sensex slides (01-10-2024)
As of 30-Jun-2024, promoters held 35.91 per cent stake in the company, while FIIs held 24.44 per cent and domestic institutional investors had 12.67 per cent.
Stock market update: Nifty Bank index advances 0.03% in a weak market (01-10-2024)
The Nifty Bank index was trading 0.03 per cent up at 52993.6.
Kovai Medical Center and Hospital – Health and Wealth (01-10-2024)
ACKO shared few insights on Indian healthcare / insurance:
Meanwhile a bit of buying from the promoter entity:
3 metal stocks Chakri Lokapriya is bullish on for near term (01-10-2024)
Metals are clearly a fairly decent tactical play at this point and good news that US has indicated a quarter, slightly lower cuts, which means the economy is doing well and it is just that they want to move towards a lower interest rate regime, which is always good for metal stocks.