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Nifty and Bank Nifty Trading Strategy for October 16, 2023

Nifty and Bank Nifty Trading Strategy for October 16, 2023

16 October 2023

Nifty View: The Nifty closed above the previous week’s high, forming a sizable bullish candle on the weekly time frame. On Friday, Nifty opened with a significant negative gap but was able to recover over 150 points from the day’s low. However, profit booking in the last hour of the day resulted in an erosion …

Overnight Digest: Small and Mid-Cap Stocks to Watch on October 16, 2023

Overnight Digest: Small and Mid-Cap Stocks to Watch on October 16, 2023

13 October 2023

Today, the benchmark indexes ended on a slightly negative note with a modest loss. The Nifty 50 exhibited a relatively flat performance, commencing the session at 19,654.55 and concluding at 19751.05, marking a marginal 0.22% decline from the previous day’s close. The index’s intraday journey saw it reaching a high of 19,805.40 and a low …

Top Gainers and Losers of the week – 13 October 2023

Top Gainers and Losers of the week – 13 October 2023

13 October 2023

The trading session on Thursday saw the BSE Sensex and NSE Nifty-50 indices ending in negative territory, with the Sensex showing a slight uptick of 0.19%, closing at 66,283, while the Nifty experienced a 0.22% decline, settling at 19,751. On the BSE, 1,805 shares advanced, 1,859 declined, and 156 remained unchanged. In the broader markets, …

Welspun Corp Ltd Surging success – Pipeline to Prosperity

Welspun Corp Ltd Surging success – Pipeline to Prosperity

13 October 2023

About Welspun Corp Ltd Welspun Corp Ltd. is a leading global manufacturer of large-diameter pipes, offering a comprehensive solution for all line pipe requirements with its wide range of high-grade line pipes. These pipes are used for the offshore and onshore transmission of oil, gas, and water. It is one of the largest welded-line pipe …

Capacity expansion: A key growth driver for small-cap stocks

Capacity expansion: A key growth driver for small-cap stocks

13 October 2023

Small-cap stocks are often overlooked by investors, but they can offer significant growth potential. One key driver of growth for small-cap stocks is capacity expansion. Capacity expansion is the process of increasing a company’s ability to produce goods or services. This can be done by building new facilities, purchasing new equipment, or hiring more workers. …

Tata Motors Accelerates With A Bullish Breakout

Tata Motors Accelerates With A Bullish Breakout

13 October 2023

Tata Motors Group, a global automobile giant and part of the esteemed Tata conglomerate, is making waves in the automotive industry. With operations spanning multiple countries and a diverse portfolio of vehicles, Tata Motors Ltd. is on the fast track to success. Tata Motors Ltd. is a dynamic player in the automobile sector, offering a …

Spectacular Q2 results: HDFC Life Insurance PAT soars 15%

Spectacular Q2 results: HDFC Life Insurance PAT soars 15%

13 October 2023

On October 13, 2023, the shares of HDFC Life Insurance Company Limited soared by 0.53%. Furthermore, the scrip witnessed a spurt in volume by more than 3.23 times. the current market capitalisation of the company is Rs 1,34,475.77 crore. The company has demonstrated remarkable performance and growth in various key areas during the first half …

3 stocks from BSE 500 jumped over 5% today

3 stocks from BSE 500 jumped over 5% today

13 October 2023

The benchmark index S&P BSE 500 opened today at 27,493.65 and made its day high at 27,631.89 and it has closed in red today, down by 0.15%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Gujarat State Fertilizers & Chemicals …

Volume buzzers – Stocks Traded with High Volume

Volume buzzers – Stocks Traded with High Volume

13 October 2023

Both the Sensex and Nifty have experienced a marginal uptick of 0.014% and 0.035%, respectively, whereas the Nifty Midcap and Nifty Smallcap segments are displaying a mixture of trading patterns.  In terms of sectors, Nifty Realty, Nifty Auto, and Nifty FMCG have displayed strength as the top performers, while Nifty PSU Bank, Nifty IT, and …

HDFC AMC hits 52-week high amid strong quarterly performance with 20% growth in PAT

HDFC AMC hits 52-week high amid strong quarterly performance with 20% growth in PAT

13 October 2023

HDFC AMC – Quarterly Results After the market closed yesterday, HDFC Asset Management Company Ltd (HDFC AMC) announced its financial results for the quarter ending September 30, 2023. In Q2FY24 on a consolidated basis company recorded a robust financial performance with a significant 19.97% year-on-year increase in net profit reaching Rs 436.52 crore compared to …

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