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Top 2 Stocks to Watch Today – 19 October, 2023

Top 2 Stocks to Watch Today – 19 October, 2023

19 October 2023

Geopolitical tensions in the Middle East, stemming from the ongoing conflict between Israel and Hamas, have unnerved Indian markets. Investors have adopted a risk-averse approach, resulting in a sell-off of stocks. The market is particularly concerned about the surging crude oil prices, as they could potentially impact inflation and lead to higher interest rates in …

Nifty and Bank Nifty Trading Strategy for October 19, 2023

Nifty and Bank Nifty Trading Strategy for October 19, 2023

19 October 2023

Nifty View The Nifty experienced a sharp decline of 0.71%, signaling increased geopolitical risks amid the ongoing Israel-Gaza conflict. The market’s response was notably bearish, and it registered a distribution day with higher trading volume. Furthermore, a bearish belt hold pattern appeared after it touched last Friday’s high, and this has now been confirmed with …

Is re-rating possible in this PSU stock?

Is re-rating possible in this PSU stock?

18 October 2023

Shares in mining companies have surged following the Indian government’s approval of royalty rates for strategic minerals such as lithium, niobium, and rare-earth elements. This significant decision paved the way for the government to auction mining blocks for these valuable resources for the first time in India. Notably, a 3% fixed royalty rate for lithium …

Multibagger in six months: Sprayking Agro Equipment launches new product; Stock jumps over 2%

Multibagger in six months: Sprayking Agro Equipment launches new product; Stock jumps over 2%

18 October 2023

Wednesday concluded on a muted note, with both the Sensex and Nifty falling by 0.83% and 0.71%, respectively. It was undoubtedly a challenging day for the markets. In contrast, to dampen market sentiment, the shares of Sprayking Agro Equipment Limited zoomed 2.02%. The company’s current market capitalisation is Rs 213.47 crore. Established in 1980, Sprayking …

Overnight Digest: Top 5 small-cap and mid-cap stocks for October 19, 2023

Overnight Digest: Top 5 small-cap and mid-cap stocks for October 19, 2023

18 October 2023

In today’s trading session, the Nifty 50 index grappled with bearish sentiments, culminating in a substantial decline. Commencing at 19,820.45, it concluded the day at 19,671.1, marking a descent of 140 points or 0.71% from the previous day’s closure. The trading day witnessed a high of 19,840.95 and a low of 19,659.95, underlining the market’s …

Indo National scores major order win from BAE Systems; Stock hits back-to-back upper circuit

Indo National scores major order win from BAE Systems; Stock hits back-to-back upper circuit

18 October 2023

Indo National Limited, a prominent dry cell manufacturer in India, has announced today that its subsidiary, Kineco Kaman Composites India Private Limited, has secured a substantial contract worth Rs 100 Crores (approximately USD 12.39 million) from BAE Systems. According to the press release, the contract pertains to the manufacturing and export of fully assembled Mission …

3i Infotech’s strategic partnership with Databricks unleashes AI-powered transformation

3i Infotech’s strategic partnership with Databricks unleashes AI-powered transformation

18 October 2023

Indian headline indices faced a challenging start to the trading session as they grappled with significant declines in power, financial services, and banking stocks. However, despite a weak market sentiment, the healthcare, auto, and information technology sectors exhibited considerable resilience. 3i Infotech Ltd, a small-cap software and consulting company, made headlines today by revealing its …

Volume buzzers: Here are today’s high-volume buzzers, 18 October 2023

Volume buzzers: Here are today’s high-volume buzzers, 18 October 2023

18 October 2023

The Sensex and Nifty are both on a downward trajectory, marking a plunge of 0.72% and 0.62%, respectively. In parallel, the Nifty Midcap and Nifty Smallcap segments are also exhibiting negative momentum, with a plunge of 1.11% and 0.03%, respectively. Examining the constituents of the Nifty 50 index, notable gainers include Dr Reddy, Cipla and …

Tata Communications: From VSNL’s monopoly to multibagger, exploring the company’s revenue streams

Tata Communications: From VSNL’s monopoly to multibagger, exploring the company’s revenue streams

18 October 2023

During the 1990s, when the telecommunications sector in India remained closed to competition, Videsh Sanchar Nigam Limited (VSNL) was an absolute monopoly. The company earned revenue from every one of the four billion minutes of calls entering or departing from India’s shores until 2002. This monopoly status resulted in substantial profitability, with VSNL having a …

Taylor Swift’s tour outperforms India’s blue-chip stock in profit

Taylor Swift’s tour outperforms India’s blue-chip stock in profit

18 October 2023

This extraordinary journey, announced in November 2022, offers Swifties a unique expedition through every pivotal ‘era’ of Taylor Swift’s illustrious career. It has ignited a whirlwind of anticipation and enthusiasm, with fans eagerly opening their wallets not just for concert tickets, but also for exclusive merchandise and sentimental keepsakes like friendship bracelets. Taylor Swift’s Eras …

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