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Stocks/Share Market - Angel One

Milestone unlocked: LIC shares soar beyond Rs 1,000

Milestone unlocked: LIC shares soar beyond Rs 1,000

5 February 2024

In an exhilarating turn of events, Life Insurance Corporation (LIC), India’s leading life insurer, has shattered expectations by surpassing the Rs 1,000 milestone for the first time in today’s trading session. With a remarkable surge of 8.8%, LIC shares reached a new pinnacle at Rs 1,028 apiece, marking a historic moment for investors and the …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for February 6

Overnight Digest: Top 5 mid and small-cap stocks to watch out for February 6

5 February 2024

On Monday, key market indices ended the day on a downbeat note, with the Sensex closing 0.49% lower at 71,731.42, and the Nifty dropping 0.38% to close at 21,771.70. PSU stocks showed positive movement but retreated from their peak levels. In terms of sectoral performance, Nifty Pharma, Nifty Auto, Nifty Energy, and Nifty Realty recorded …

Top 3 breakout stocks trading below Rs 100

Top 3 breakout stocks trading below Rs 100

5 February 2024

These three equities gained significantly during Monday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Kothari Sugars & Chemicals Ltd Kothari Sugars & Chemicals Ltd exhibits a compelling technical setup. The stock has demonstrated a Price Volume Breakout along with a 52-week high breakout, signifying a strong bullish sentiment. Furthermore, it is currently …

Headline – Steel Authority of India: Breaking free from a decade-long consolidation

Headline – Steel Authority of India: Breaking free from a decade-long consolidation

5 February 2024

Steel Authority of India Ltd (SAIL), a major player in the steel industry, is poised for a significant breakthrough as it charts a new course after a decade-long consolidation. Established on January 19, 1954, SAIL is engaged in the manufacturing and sale of steel and steel products, offering a range of flat and long products. …

Breakout stocks of the day: Sonata Software and Redington

Breakout stocks of the day: Sonata Software and Redington

5 February 2024

With price volume support, Sonata Software and Redington are strong bullish breakout potential stocks. The stock prices have displayed a volatility contraction price breakout and bounce back from 10-week EMA, and both presently trading at Rs 807 and Rs 203. The breakout and bounceback align with positive signals from technical indicators such as RSI, ADX, …

How to find blockbuster stocks like IRFC, HUDCO and IREDA using technical analysis

How to find blockbuster stocks like IRFC, HUDCO and IREDA using technical analysis

5 February 2024

In the ever-evolving world of stock trading, identifying and capturing blockbuster stocks requires a keen eye, strategic analysis, and a solid understanding of market dynamics. Successful traders often employ a combination of technical and fundamental analysis to maximise their chances of hitting the jackpot. In this article, we unveil a proven technique that has yielded …

These 3 stocks from BSE 500 jumped over 15% today; do you own any?

These 3 stocks from BSE 500 jumped over 15% today; do you own any?

5 February 2024

The benchmark index S&P BSE 500 opened today at 31,597.98 and made its day high at 31,671.84, and it is trading in green today, up by more than 0.41% From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 15% today. SJVN Ltd Shares …

India’s electric two-wheeler market continues its momentum; over 81,000 units sold in January

India’s electric two-wheeler market continues its momentum; over 81,000 units sold in January

5 February 2024

Not only are global consumers increasingly inclined towards adopting electric vehicles, but Indian consumers are also prominently displaying a significant interest in transitioning their preferences towards electric two-wheelers. According to data available on the government website VAHAN Platform, the electric two-wheeler market in India is commencing 2024 on an electrifying note, sustaining the robust growth …

Late Rakesh Jhunjhunwala’s stock secures USD 33.5 million contract in Saudi Arabia; stock hits 52-week high

Late Rakesh Jhunjhunwala’s stock secures USD 33.5 million contract in Saudi Arabia; stock hits 52-week high

5 February 2024

VA TECH WABAG, one of the leading water technology companies, has secured a USD 33.5 million contract for a 20 million litre per day (MLD) Industrial Wastewater Treatment Plant (IWWTP) at the Ras Tanura Refinery Complex in Saudi Arabia. The project involves engineering, procurement, and supervision of the plant, which will treat a mix of …

Best Small-Cap Stocks to Invest in 2024

Best Small-Cap Stocks to Invest in 2024

5 February 2024

What are Small-Cap Stocks?  According to the regulations of the Securities and Exchange Board of India (SEBI), listed stocks are ranked based on their market capitalisation. Stocks that are ranked 251 and below in terms of market capitalisation are labelled as small-cap stocks.  They’re often new companies that don’t have a well-established business, lack financial …

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