Nifty is attempting a bounce back after finding support near 24,000, currently facing resistance at 24,500. The short-term range for Nifty is 24,200 to 24,500. High OI suggests limited movement past these levels. Non-directional strategies like Short Iron Butterfly are recommended amid increased volatility and premiums.
Posts tagged All News
L&T rallies after Q2 PAT jumps 5% YoY to Rs 3,395 cr (31-10-2024)
Larsen & Toubro (L&T) jumped 5.25% to Rs 3,586 after the company reported 5.36% increase in consolidated net profit to Rs 3,395.29 crore in Q2 FY25 on 20.64% jump in revenue from operations to Rs 61,554.58 crore in Q2 FY25 over Q2 FY24.
All E Technologies, making businesses ready for AI (31-10-2024)
True, even I have that guy feeling because the guy gave 23 years of the life to setup this company and now when he retires would like to cash that out…
ITC: “Will”(s) “Gold Flake” assist “Ashirwad” to win “Bingo!”? (31-10-2024)
Hi, will ITC hotels hold this acquired stake post the demerger, or will it continue to be with parent company.
The step has been taken to consolidate the shareholding of EIH and HLV under the company, ITC said in a regulatory filing. Post such acquisition, 'the total shareholding of ITC in EIH and HLV would be 16.13% and 8.11%, respectively'
IT stocks drag Sensex over 300 pts lower; Nifty slides below 24,300 mark (31-10-2024)
Benchmark equity indices opened slightly lower due to declines in Reliance Industries, financial, and IT stocks. Continued FPI outflows, reaching around $11 billion in monthly sales, and weak quarterly earnings have affected market sentiment.
Buy Maruti Suzuki., target price Rs 14,300: HDFC Securities (31-10-2024)
HDFC Securities gave a buy recommendation on Maruti Suzuki India with a target of Rs 14,300. Maruti’s Q2FY25 Adjusted PAT surpassed expectations due to forex gains. Despite challenges in entry-level car demand, SUVs drive growth. The company remains a market leader in UVs. Promoters held 58.19% stake as of September 2024.
How Volkswagen Lost Its Way in China (31-10-2024)
A brutal price war, sudden shifts in consumer demand and human rights issues in Xinjiang have left VW stumbling in a market it led for 40 years.
Larsen & Toubro Ltd Spurts 5.15%, BSE Capital Goods index Rises 1.47% (31-10-2024)
Larsen & Toubro Ltd has lost 1.89% over last one month compared to 6.05% fall in BSE Capital Goods index and 5.27% drop in the SENSEX
Genesys International Corporation Ltd Slips 7.79%, BSE Information Technology index Shed 1.1% (31-10-2024)
Genesys International Corporation Ltd has lost 2.68% over last one month compared to 4.16% fall in BSE Information Technology index and 5.27% drop in the SENSEX
3 stocks closed crossing above VWAP on October 30 (31-10-2024)
On October 30, three stocks with market caps over Rs 10,000 crore closed above VWAP, indicating potential bullish trends.