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Overnight Digest: Small and mid-cap stocks to watch on October 17, 2023

Overnight Digest: Small and mid-cap stocks to watch on October 17, 2023

16 October 2023

The Nifty 50 index ended the day slightly lower on Monday, October 16, 2023. The index opened at 19,737.25 on a flat note and traded in a narrow range throughout the day, with a high of 19,781.3 and a low of 19,691.85. The index closed provisionally at 19,731.75, down 19.3 points (-0.10%) from the previous …

This small-cap IT company delivered fantastic returns of over 150% in just a year; do you hold it?

This small-cap IT company delivered fantastic returns of over 150% in just a year; do you hold it?

16 October 2023

Ksolves India Limited has delivered multibagger returns to its shareholders in the last one year. During this period, the company’s share price jumped from Rs 449.60 on October 17, 2022, to Rs 1,148.30 on October 16, 2023, an increase of about 150% in a one-year holding period. An investment of Rs 1 lakh in the …

Dark horse stock of the day: FACT Limited surges 20% and hits the upper circuit

Dark horse stock of the day: FACT Limited surges 20% and hits the upper circuit

16 October 2023

The Fertilizers and Chemicals Travancore Limited, a prominent player in the fertilizers space, engaged in the manufacturing of fertilizer and chemicals, witnessed a significant surge in its shares today. The stock opened trading at Rs 546.65 per share, almost flat compared to the previous day’s closing price of Rs 548.40 per share on the BSE. …

Volume buzzers: Here are today’s high-volume buzzers, 16 October 2023

Volume buzzers: Here are today’s high-volume buzzers, 16 October 2023

16 October 2023

The Sensex and Nifty are showing a mix of trends at the moment. In contrast, the Nifty Midcap and Nifty Smallcap segments are displaying strength, with gains of 0.25% and 0.52%, respectively. Among the components of the Nifty 50 index, Hero MotoCorp, JSW Steel and Tata Steel are leading the way in terms of gains. …

India’s media and entertainment industry: A sector on the rise

India’s media and entertainment industry: A sector on the rise

16 October 2023

The Indian Media and Entertainment (M&E) industry is a dynamic and burgeoning sector, experiencing remarkable growth driven by factors like widespread access to affordable high-speed internet, increasing disposable incomes, and a surge in consumer durables purchases. This unique industry stands out for its massive scale, escalating Average Revenue Per User (ARPU), and growing presence in …

Nestle India – Technical Analysis

Nestle India – Technical Analysis

16 October 2023

FMCG  In the face of recent market turbulence marked by profit-taking and downward movements, the strategic choice of portfolio diversification emerges as a prudent move. Amidst this market chaos, one remarkable player in the Fast-Moving Consumer Goods (FMCG) industry shines bright with a continuation breakout. Check: Nifty FMCG Index About – Nestle India Introducing Nestle: …

Upper Circuit Stocks Today – 16 October, 2023

Upper Circuit Stocks Today – 16 October, 2023

16 October 2023

On Monday, the benchmark indices were trading flat with the Sensex up around 8 points or 0.01% at 66,291 and the Nifty-50 around 12 points or 0.06% at 19,763. About 2,106 shares have advanced, 1,282 declined, and 216 are unchanged on the BSE.  Top gainers and losers on the BSE Sensex index are as follows: …

These 3 stocks from BSE 500 jumped over 4% today, 16 October 2023

These 3 stocks from BSE 500 jumped over 4% today, 16 October 2023

16 October 2023

The benchmark index S&P BSE 500 opened today at 27,564.19 and made its day high at 27,564.67 and it has opened in red today, down by around 10%.                          From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 4% …

Multibagger Realty Stock’s Double Triumph: Expanding Horizons in South Delhi and Tirupati

Multibagger Realty Stock’s Double Triumph: Expanding Horizons in South Delhi and Tirupati

16 October 2023

Anant Raj Limited (ARL), formerly known as Anant Raj Industries Limited, is a distinguished name in the world of real estate and infrastructure development, with a legacy spanning nearly four decades. Established in 1985, ARL has steadily risen to become the flagship company of the prestigious Anant Raj Group, under the visionary leadership of the …

Top 2 Stocks to Watch Today – 16 October, 2023

Top 2 Stocks to Watch Today – 16 October, 2023

16 October 2023

Nifty opened more than 100 points down at 19655 and hit a day’s low of 19635 but showed a nice recovery as the day progressed and hit a day’s high of 19805 in the later part of the session. Nifty failed to hold on to the said higher level and saw some profit-taking in the …

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