Latest posts
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Positive Breakout: These 12 midcap stocks cross above their 200 DMAs
As long as a stock’s price remains above its 200-day moving average on the daily timeframe, it is generally interpreted as being in an overall uptrend.
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Adani Total Gas among 4 stocks showing RSI trending up
Four Nifty500 stocks that gained over 7% on September 18 were highlighted in the RSI Trending Up scan, based on data from StockEdge. Adani Total Gas, Poonawalla Fincorp, Bombay Burmah Trading Corporation and Supreme Industries recorded rising RSI values.
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Stock split alert! Last day to buy this Mukul Agrawal-backed stock that rallied 107% in 4 months
As per Sebi’s T+1 settlement norm, investors need to buy a company’s shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time and they become eligible for the corporate action. Accordingly, today is the last opportunity for investors to buy Taal Tech’s shares…
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Welspun Living Stock Receives ‘Buy’ Call After Jefferies Sees $220 Billion Export Opportunity; Check the Upside
Textile stocks don’t usually get this kind of attention from foreign brokerages, but something’s changing. Trade deals are cutting tariffs, global buyers are rethinking where they source from, and one Indian company seems set to benefit more than most. Here’s why the story is getting louder. Welspun Living Ltd. shares closed at Rs. 214.35, up…
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Manika Plastech shares to list today; check GMP ahead of debut
The Manika Plastech IPO was a Rs 125.50 crore book-built issue, comprising a fresh issue of 2.15 crore shares aggregating to Rs 92.50 crore and an offer for sale (OFS) of 76.74 lakh shares worth Rs 33 crore.
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Nifty outlook: Can the index defend the crucial 23,000 level?
The Nifty index has extended its losing streak, testing key support levels. Recent recovery indicates demand, but the broader trend remains under pressure. Experts suggest specific options strategies and stock picks for the week. Several stocks like Sona Com, Auro Pharma, and PhysicsWallah are recommended for buying. Trading strategies focus on potential bounces and retracements…
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Premier Energies, Havells India and Other Nifty 500 Stocks Trading Below the RSI 30 Level
The Relative Strength Index (RSI) is a technical indicator used in financial markets to measure the speed and change of price movements. It ranges from 0 to 100 and is typically used to assess whether a stock or asset is overbought or oversold. An RSI value above 70 indicates that the asset might be overbought,…
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EMI bounce can incur penalty, lower credit score; is there a grace period before it’s reported to credit bureaus?
A failed EMI payment can result in penalties and lower credit scores, as lenders report such details to credit bureaus. Check whether the borrower gets a grace period before it’s reported.
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₹34.8 lakh cash balance taxed as unexplained money, ITAT deletes addition and explains why declared income matters
The Delhi ITAT deleted a ₹34.8 lakh Section 68 addition after finding that the cash balance was linked to commission income already recorded and offered to tax. The ruling highlights why taxpayers receiving cash income should maintain proper books establishing the source of the cash balance.
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FII selling returns in first half of September as financials, auto stocks face heavy outflows
In early September, foreign investors shifted to selling after a series of buying phases. Notably, financials, automotive, and oil and gas sectors experienced considerable sell-offs. Conversely, healthcare stocks attracted significant investments, reflecting a cautious market sentiment. Investors pulled back on auto and power stocks amidst rising global concerns, which collectively led to a subdued foreign…