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Stocks/Share Market - Angel One

Top 3 breakout stocks trading below Rs 100

Top 3 breakout stocks trading below Rs 100

23 January 2024

These three equities gained significantly during Tuesday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Bharat Road Network Ltd Bharat Road Network Ltd exhibits a compelling technical setup. The stock has demonstrated a Price Volume Breakout, signifying a strong bullish sentiment. Furthermore, it is currently trading above all key moving averages, reinforcing the …

These 4 NSE stocks surged over 15% and hit 52-week highs today: Keep them on your radar for tomorrow

These 4 NSE stocks surged over 15% and hit 52-week highs today: Keep them on your radar for tomorrow

23 January 2024

Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the red. The Nifty50 closed at 21,238.80, marking a decline of 333 points or 1.54% compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 70,370.55, reflecting a decline of 1,053 points. Among all the stocks listed on the …

PM Modi’s game-changing solar push – These stocks can ride the surge

PM Modi’s game-changing solar push – These stocks can ride the surge

23 January 2024

In a groundbreaking move, Prime Minister Narendra Modi, fresh from the historic consecration ceremony at the Ram temple in Ayodhya, announced a visionary scheme on January 22. The Prime Minister’s first decision post-Ayodhya is set to illuminate the lives of millions with the launch of the ‘Pradhanmantri Suryoday Yojana,’ targeting the installation of solar rooftops …

Sebi’s tight ownership rules can spark a potential stock sell-off by foreign investors; What will happen after February 1?

Sebi’s tight ownership rules can spark a potential stock sell-off by foreign investors; What will happen after February 1?

23 January 2024

As the calendar flips to February 1, 2024, the Securities and Exchange Board of India (Sebi) stands firm on its decision to implement stringent ultimate beneficial ownership norms for overseas investors. Despite pressure from foreign banks and offshore fund managers, Sebi remains resolute, setting the stage for a transformative shift in India’s financial landscape. Sebi’s …

Breakout stocks of the day: Visaka Industries and Chalet Hotels

Breakout stocks of the day: Visaka Industries and Chalet Hotels

23 January 2024

With price volume support, Visaka Industries and Chalet Hotels are strong bullish breakout potential stocks. The stock prices have displayed range breakout and pullback, and both presently trading at Rs 115 and Rs 758. The breakout and pullback align with positive signals from technical indicators such as RSI, ADX, and other key metrics, reinforcing the …

3i Infotech hits 52-week high on bagging a new work order

3i Infotech hits 52-week high on bagging a new work order

23 January 2024

On Tuesday, 3i Infotech shares surged 9.62% to trade at a fresh 52-week high of Rs 60.95 from its previous closing of Rs. 55.60 on the BSE. About the work order 3i Infotech has been awarded a work order by M/s Concept Communications on behalf of Bharat Petroleum Corporation (BPCL) as a primary sponsorship of …

Charting the course of India’s shipping sector: Top stocks to monitor

Charting the course of India’s shipping sector: Top stocks to monitor

23 January 2024

In the dynamic landscape of India’s shipping sector, 2023 witnessed remarkable strides, catapulting the nation to the 22nd position in the International Shipment category, according to the World Bank’s Logistics Performance Index (LPI). The unveiling of the Maritime Amrit Kaal Vision 2047 and strategic initiatives underscored India’s commitment to fostering sustainable growth. As the sector …

Common Mistakes to Avoid in SIP Investing in 2024

Common Mistakes to Avoid in SIP Investing in 2024

23 January 2024

A systematic investment plan (SIP) is a strategy that involves investing a fixed sum periodically, at regular intervals, in mutual funds. The frequency of investment can be monthly or quarterly. Instead of investing a lump sum amount, you can invest small sums of money, often starting at ₹100, in the mutual fund of your choice. …

Multibagger stock Vascon Engineers secures Rs 416 crore contract from Capgemini

Multibagger stock Vascon Engineers secures Rs 416 crore contract from Capgemini

23 January 2024

About the Contract:  Vascon Engineers Limited which is in the construction industry has recently announced the acquisition of a significant contract from Capgemini Technology Services India Ltd. The esteemed project involves construction contracting works for the Chennai Sipcot Base Built Construction Project in Chennai, Tamil Nadu with a total value of Rs 416 crores excluding …

PSP Projects bags mega dairy plant project worth Rs 444.63 crore; stock gains over 2%

PSP Projects bags mega dairy plant project worth Rs 444.63 crore; stock gains over 2%

23 January 2024

PSP Projects has emerged victorious, declared the lowest bidder for a Rs 444.63 crore project to develop a dairy plant in Gujarat for the National Dairy Development Board. This significant win adds to an already impressive year, pushing PSP’s total current bids won for the financial year 2023-24 to a staggering Rs 2,298 crore. This …

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