A total of 1,319 shares changed hands on the counter till 12:12PM (IST)
RG Kar case: TMC MLA appears before CBI sleuths for questioning (23-09-2024)
Trinamool Congress MLA Nirmal Ghosh appeared before CBI officers regarding the rape-murder of a woman medic at RG Kar hospital. Ghosh is believed to have played a role in arranging the hasty final rites of the deceased doctor. The body was found with severe injuries on August 9, and three arrests have been made so far.
Gujarat Fluorochemicals sheds Inox Wind guarantees, stocks surge (23-09-2024)
The shares of Gujarat Fluorochemicals Limited (GFL) were trading at ₹4,404 up by ₹163.55 or 3.86 per cent on the NSE today at 11 am
Va Tech Wabag, Ami Organics among 6 stocks on which brokerages initiated coverage, see up to 50% upside (23-09-2024)
Brokerage firms initiated coverage on stocks like Va Tech Wabag and Ideaforge Technology, targeting upsides of up to 50%.
52 week highs and all time highs strategy (23-09-2024)
Aditya Birla Sun Life AMC Ltd. CMP-753
Aditya Birla Sun Life AMC is set up as a joint venture between Aditya Birla Capital Ltd and Sun Life AMC and is among the top ten AMC’s in India. The IPO came in October 2021 at 712 Rs, after the same markets went sideways and stock price went into a correction mode. For 3 years the stock has consolidated and created a rounding bottom in form of a cup and a handle pattern. Also the stock price has recently (in August) moved above the IPO listing high price of 723 Rs and is consolidating . On Friday Sep 20, 2024 there was a huge volume spurt with high delivery percentage.
Fundamentally the business is asset light and doing well along with the sector (one can check the recent quarterly performance which is easily available). Capital market plays are doing well due to sector tail wind and recently NSE launched a new thematic index called the Nifty Capital Markets Index, which will attract inflows to capital market plays.
Below is the weekly and daily chart for reference.
Disclosure : Invested.(not a stock recommendation, anyone contemplating investing needs to do their own due diligence).
Share price of ICICI Lombard rises as Nifty strengthens (23-09-2024)
A total of 3,849 shares changed hands on the counter till 12:07PM (IST).
US dollar index net speculative longs fall sharply to 4-month low (23-09-2024)
US dollar index net long positions slide to its lowest level in four months from a nine-month high in the previous week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of US dollar index futures, traded by large speculators and hedge funds, totaled a net position of 1798 contracts in the data reported through September 17, 2024, showing a sharp decline of 18412 net long contracts compared to the previous week.
Northern Arc IPO listing buzz: GMP resurges 55%; check likely listing price (23-09-2024)
Northern Arc Capital shares are poised for their market debut tomorrow. Here’s what GMP trends indicate about the listing prospects