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Overnight Digest: Top 5 mid and small-cap stocks to watch out for February 13

Overnight Digest: Top 5 mid and small-cap stocks to watch out for February 13

12 February 2024

On Monday, the primary stock market indices ended the trading session on a downward trend, unable to sustain the early gains as selling pressure intensified across the broader markets, particularly impacting public sector undertakings (PSUs). The Sensex, representing the top companies on the stock exchange, closed lower by 0.73%, settling at 71,072.49 points, while the …

Revolutionising financial inclusion: Mahindra Finance and IBM’s super app collaboration

Revolutionising financial inclusion: Mahindra Finance and IBM’s super app collaboration

12 February 2024

In a significant move towards enhancing financial inclusion in India, Mahindra & Mahindra Financial Services Limited (Mahindra Finance) and IBM (NYSE: IBM) have announced a strategic collaboration to develop a Super App. This digital platform aims to serve as a single interface for consumers across India to access various financial services offered by Mahindra Finance. …

Man Industries Secures Rs 525 crore work contract, order book reaches Rs 1,600 Crore

Man Industries Secures Rs 525 crore work contract, order book reaches Rs 1,600 Crore

12 February 2024

Founded in 1988, Man Industries (India) is a leading manufacturer of LSAW and HSAW Line Pipes, along with Aluminum Extruded Products. Part of the UK-based Man Group, it boasts certifications such as API and ISO standards, ensuring quality management. Serving prominent clients like GAIL, IOCL, and Reliance in India, and ENPPI and Shell Global internationally, …

These 5 NSE stocks hit 52-week High today; Looks attractive on the charts

These 5 NSE stocks hit 52-week High today; Looks attractive on the charts

12 February 2024

Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the red. The Nifty50 closed at 21,616.05, registering a significant fall of 166.45 points or 0.76% fall compared to Friday’s closing level. Meanwhile, the BSE Sensex concluded at 71,072.49, reflecting a decline of around 523 points. Among all the stocks listed on …

Top 3 breakout stocks trading below Rs 100

Top 3 breakout stocks trading below Rs 100

12 February 2024

These three equities gained significantly during Monday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Shanti Overseas (India) Ltd Shanti Overseas exhibits a compelling technical setup. The stock has demonstrated a Price Volume Breakout along with a 52-week breakout on the daily timeframe and formation of a rounding bottom on the weekly chart, …

Breakout stocks to watch: KPIT Technologies and Strides Pharma Science

Breakout stocks to watch: KPIT Technologies and Strides Pharma Science

12 February 2024

With price volume support, KPIT Technologies and Strides Pharma Science are strong bullish breakout potential stocks. The stock prices have displayed promising technical scenarios and volume support where both presently trading at Rs 1706.80 and Rs 754. The price structure aligns with positive signals from technical indicators such as RSI, ADX, and other key metrics, …

Bank of Baroda: Riding high on breakout momentum

Bank of Baroda: Riding high on breakout momentum

12 February 2024

Bank of Baroda, a stalwart in the PSU Banking sector, has recently emerged as a beacon of strength amidst market turbulence, showcasing a continuation breakout and solidifying its position as a top performer. Established by Sayajirao Gaekwad III on July 20, 1908, Bank of Baroda is a leading provider of commercial banking services, operating across …

Understanding the heavy sell-off witnessed in small and mid-cap stocks

Understanding the heavy sell-off witnessed in small and mid-cap stocks

12 February 2024

The Nifty Small-Cap 100 index has fallen more than 5% in the last three trading sessions, which is driven by market sentiments amid the news and the dovish MPC policy of the RBI. witnessed significant sell-off from the last 3 trading sessions, erasing much of the gains they had accumulated in recent weeks. The Nifty …

Dynacons Systems and Solutions bags order from BSNL; stock rallies over 12%

Dynacons Systems and Solutions bags order from BSNL; stock rallies over 12%

12 February 2024

Dynacons Systems and Solutions undertakes all activities related to IT infrastructure, including infrastructure design and consulting services, turnkey systems integration, and the setup of large Network and Data Centre infrastructures, including the supply of associated equipment and software. The company boasts a large pool of technical resources present at over 250 locations across India. It …

These 3 stocks from BSE 500 jumped over 8% today; do you own any?

These 3 stocks from BSE 500 jumped over 8% today; do you own any?

12 February 2024

The benchmark index S&P BSE 500 opened today at 31,623.31 and made its day high at 31,624.28, and it is trading in red today, down by more than 0.80% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 8% today. Global Health Ltd …

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