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Shares of RMC Switchgears climb as record date for the bonus issue approaches

Shares of RMC Switchgears climb as record date for the bonus issue approaches

11 October 2023

Indian benchmark indices maintained their upward momentum, with the fast-moving consumer goods, telecommunications, real estate, and auto sectors leading the way as the top gainers. With 2,358 shares rising on the BSE and 1,290 shares declining, the advance-decline ratio strongly remained in favour of advances. RMC Switchgears Ltd engaged small-cap investors with its robust uptrend. …

Volume buzzers: Here are today’s high-volume buzzers

Volume buzzers: Here are today’s high-volume buzzers

11 October 2023

The Sensex and Nifty have both maintained their positions, showing a modest increase of 0.55% and 0.56%, respectively. Meanwhile, Nifty Midcap has demonstrated a gain of 0.47%, and Nifty Smallcap has experienced a moderate uptick of 0.77%. Noteworthy sectoral performers encompass Nifty Realty, Nifty FMCG, and Nifty Media, while Nifty PSU Bank stands as the …

Prestige Estates: A dark horse in the real estate industry

Prestige Estates: A dark horse in the real estate industry

11 October 2023

About the group: The Prestige Group has firmly established itself as one of the leading and most successful developers of real estate in India by imprinting its indelible mark across all asset classes. The Group has completed 285 projects spanning a developable area of 170 million square feet (mn sqft) and has 54 ongoing projects …

Subsidiary of Info Edge to Inject $4,00,000 into Ray IOT for a health-tech revolution

Subsidiary of Info Edge to Inject $4,00,000 into Ray IOT for a health-tech revolution

11 October 2023

Info Edge’s (India) wholly-owned subsidiary, Redstart Labs (India) is all set to invest about USD 4,00,000 in Ray IOT Solutions Inc. at the applicable exchange rate. Redstart has agreed to acquire 11,22,019 Series Seed A-5 Preferred Stock. The aggregate shareholding of the Company through Redstart, post this investment, in the said entity would be 12.6% …

Exploring the top three players in the soda ash industry in India; do you hold any?

Exploring the top three players in the soda ash industry in India; do you hold any?

11 October 2023

Soda ash, scientifically termed sodium carbonate, is a white, odourless, and water-soluble powder with a slightly alkaline taste. Due to its distinctive chemical properties, soda ash finds extensive applications across various industries. Its primary uses include glass manufacturing, water treatment, detergent, and cleaning product production, among others. Soda Ash price is rising consistently and even …

Dark horse stock of the day: Varanium Cloud surges 20% and hits the upper circuit

Dark horse stock of the day: Varanium Cloud surges 20% and hits the upper circuit

11 October 2023

The shares of Varanium Cloud Limited experienced a significant surge today. The stock opened trading at Rs 177 per share, representing a substantial 10% increase compared to the previous day’s closing price of Rs 159.65 per share on the NSE. Towards the end of the trading day, the stock settled at Rs 191.55, marking an …

Upper Circuit Stocks Today – 11 October, 2023

Upper Circuit Stocks Today – 11 October, 2023

11 October 2023

On Wednesday, the benchmark indices were trading higher with the Sensex up around 394 points or 0.59% at 66,473 and the Nifty-50 up around 119 points or 0.60% at 19,809. About 2,370 shares have advanced, 636 declined, and 130 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …

Top Two Stocks to Watch Today – 11 October, 2023

Top Two Stocks to Watch Today – 11 October, 2023

11 October 2023

Nifty formed a bullish Opening Marubozu pattern, indicating the bulls’ control over Dalal Street on the daily chart. The pattern resembles a long bullish candlestick pattern with a minor upper shadow and no lower shadow on the daily chart. Nifty opened higher at 19,566, which also served as the day’s low, and gained momentum throughout …

Nifty and Bank Nifty Trading Strategy for October 11, 2023

Nifty and Bank Nifty Trading Strategy for October 11, 2023

10 October 2023

Nifty View: With renewed buying, the Nifty moved above the previous week’s high, forming a strong bullish candle backed by higher volume. Volumes were higher than the last two days but still below the average. It closed decisively above the 50 DMA. Additionally, it moved above the 38.2% retracement level of 19,673, which is the …

Keep these mid and small-cap stocks on your radar on October 11  

Keep these mid and small-cap stocks on your radar on October 11  

10 October 2023

The Nifty 50 index, a benchmark index for the Indian stock market, closed at 19,689.85 on October 10, 2023, up 0.62% from the previous day’s close. The index opened at 19,565.60 and reached a high of 19,717.80 during the day. The low for the day was 19,565.45. The top gainers on the Nifty 50 index …

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