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Overnight Digest: Top 5 mid and small-cap stocks to watch out for December 12, 2023

Overnight Digest: Top 5 mid and small-cap stocks to watch out for December 12, 2023

11 December 2023

Today, the Nifty50 once again reached a new all-time high of 21,026.1 before closing at 20,997.1, up by 27.7 points or 0.13% compared to the previous close. The market exhibited a bullish trend, experiencing a slight struggle between bulls and bears, resulting in a Doji-like candle formation with wicks on both sides. Among the top …

These 6 NSE stocks surged over 15% and hit 52-week highs today: Keep them on your radar for tomorrow

These 6 NSE stocks surged over 15% and hit 52-week highs today: Keep them on your radar for tomorrow

11 December 2023

Today, the broader indices, namely NSE Nifty50 and BSE Sensex, ended the day in the green. The Nifty50 index commenced trading at 20,965.30 and eventually concluded at 20,997.10, marking a moderate increase of 27.70 points or 0.13% compared to the previous day’s closing level of 20969.40. Meanwhile, the BSE Sensex concluded at 69,928.53, reflecting an …

Mazagon Dock Shipbuilder share price jumps over 5% on order win from ONGC

Mazagon Dock Shipbuilder share price jumps over 5% on order win from ONGC

11 December 2023

About the new order  Mazagon Dock Shipbuilders Ltd today opened up by 5% after bagging new order. Oil and Natural Gas Corporation Limited (ONGC) recently announced a significant development in its ongoing efforts to enhance its infrastructure. The company has placed an Award of Contract in favour of Mazagon Dock Shipbuilders Limited. This contract entails …

HAL aerospace & defence stock gained over 500% in three years

HAL aerospace & defence stock gained over 500% in three years

11 December 2023

Trending article Hindustan Aeronautics Limited has churned multibagger returns to its shareholders in the last three years. During this period, the company’s share price jumped from Rs 428.40 on December 11, 2020, to Rs 2,787.20 on December 11, 2023, an increase of more than 500%. An investment of Rs 1 lakh in the shares of …

Penny stocks to watch out for tomorrow, 12 December 2023

Penny stocks to watch out for tomorrow, 12 December 2023

11 December 2023

During the most recent market session, both the Sensex and Nifty closed on a positive note, with the Sensex Index gaining 0.15% and the Nifty-50 Index gaining 0.13%. Additionally, the Nifty Mid-cap Index increased by 0.74%, whereas the Nifty Small-cap Index, finished the session up by 0.84%. Nifty PSU Bank Index and Nifty Metals Index …

Indian Infra sector order book reaches beyond Rs 10 lakh crore

Indian Infra sector order book reaches beyond Rs 10 lakh crore

11 December 2023

The Indian infrastructure sector, a cornerstone of the nation’s economic engine, is witnessing a remarkable surge in activity, fueled by a staggering order book exceeding Rs. 10,76,685 crore. This robust pipeline of projects paints a promising picture for the future, highlighting the sector’s potential to propel India towards its ambitious USD 26 trillion economy target. …

Tata Motors Signs MoU with BPCL, shares hover near 52-week high!

Tata Motors Signs MoU with BPCL, shares hover near 52-week high!

11 December 2023

The Indian frontline indices experienced notable upward movement, driven by robust gains in the utilities, power, metals, and capital goods sectors. The impressive sectoral performance enabled the BSE Sensex, a key benchmark indicator, to surpass the historic 70,000 level. Additionally, the broader indices outperformed the main indices. Tata Motors has consistently been in the spotlight …

Breakout stock of the day: Jammu & Kashmir Bank forms an ascending triangle

Breakout stock of the day: Jammu & Kashmir Bank forms an ascending triangle

11 December 2023

Jammu & Kashmir Bank is a strong positive breakout candidate with price volume support. The stock price is currently trading at Rs 121 and has witnessed the formation of an ascending triangle chart pattern. The RSI, ADX, and other parameters of technical analysis are in sync with the breakout. Ascending Triangle Chart Pattern An ascending …

Top 3 breakout stocks trading below Rs 100

Top 3 breakout stocks trading below Rs 100

11 December 2023

These 3 stocks have shown substantial gains in Monday’s trading sessions, indicating strong bullish activity. Here’s an in-depth look. Energy Development Co Ltd Energy Development Corporation’s stock has given a volume price breakout on the day chart by taking 50-day EMA support last week. The stock is currently trading at Rs 26.15 and has seen …

Lloyds Metals & Energy gains as board greenlights ambitious expansion plan

Lloyds Metals & Energy gains as board greenlights ambitious expansion plan

11 December 2023

During Monday’s deals, the shares of Lloyds Metals & Energy Limited zoomed by 1.68%. Furthermore, the script witnessed a spurt in volume by more than 1.96 times. The company’s current market capitalisation is Rs 31,541.42 crore. Technical outlook As of December 11, 2023, the stock’s 200-day moving average (DMA) stood at Rs 461.94, while the …

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