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Share Market Pre Open Updates – February 07, 2024

Share Market Pre Open Updates – February 07, 2024

7 February 2024

BothOn February 6, 2024, the top gainers in the Indian market were Indian Oil Corporation, Bharat Petroleum Corporation, HDFC Life Insurance, and Zydus Lifesciences, while Power Grid Corporation Of India, Bank of Baroda, Britannia Industries, and Berger Paints were among the top losers.  and Sensex indices closed higher, with gains of 0.72% and 0.63%, respectively. …

Two blue chip stocks trading near 52-week lows; do you own any?

Two blue chip stocks trading near 52-week lows; do you own any?

6 February 2024

In the dynamic world of stock trading, investors often seek reliable indicators to make informed decisions about their portfolios. One such crucial metric is the 52-week high and low markers, which offer valuable insights into a stock’s performance over a year. Blue chip stocks, renowned for their stability and quality, further exemplify the significance of …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for February 7

Overnight Digest: Top 5 mid and small-cap stocks to watch out for February 7

6 February 2024

On Tuesday, the main stock market indexes ended the day higher. The Sensex, which tracks large companies, went up by 0.63% to close at 72,186.10, while the Nifty, which tracks the top 50 companies, rose by 0.72% to end at 21,929.40. Oil companies saw their stocks reach record highs, gaining between 5% and 7%. The …

Jamna Auto Industries: Driving growth with a breakout

Jamna Auto Industries: Driving growth with a breakout

6 February 2024

Jamna Auto Industries Ltd engages in the manufacture and sale of automobile suspension products. The firm offers parabolic and tapered leaf springs, lift axle and air suspension. It operates through the following geographical segments: Within India and Outside India. The company was founded by Bhupinder Singh Jauhar on September 30, 1965, and is headquartered in …

TCS surpasses Rs 4,000 mark after a year-long wait – Hits Rs 15 lakh crore market cap

TCS surpasses Rs 4,000 mark after a year-long wait – Hits Rs 15 lakh crore market cap

6 February 2024

In the fast-paced world of the stock market, few companies manage to capture the spotlight quite like Tata Consultancy Services (TCS). With recent achievements hitting new heights, let’s delve into the latest buzz surrounding India’s largest IT firm. TCS Hits Rs 4,000 Mark After 12 Months In a significant surge, TCS shares soared by 4% …

Top 3 breakout stocks trading below Rs 100

Top 3 breakout stocks trading below Rs 100

6 February 2024

These three equities gained significantly during Tuesday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. Lloyds Engineering Works Ltd Lloyds Engineering Works Ltd exhibits a compelling technical setup. The stock has demonstrated a Price Volume Breakout along consolidation breakout, signifying a strong bullish sentiment. Furthermore, it is currently trading above all key moving …

These 11 NSE Stocks Surge Over 15% and Hit 52-Week Highs Today; One Stock with Over 1000% Return Inside

These 11 NSE Stocks Surge Over 15% and Hit 52-Week Highs Today; One Stock with Over 1000% Return Inside

6 February 2024

Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the green. The Nifty50 began trading at 21,825, hitting intraday highs and lows of 21,951.40 and 21,737.55 respectively, and finally closed at 21,929, marking a surge of around 158 points or 0.72% compared to the previous day’s closing level of 21,771.70. Meanwhile, …

Breakout stocks of the day: Vascon Engineers and United Drilling Tools

Breakout stocks of the day: Vascon Engineers and United Drilling Tools

6 February 2024

With price volume support, Vascon Engineers and United Drilling Tools are strong bullish breakout potential stocks. The stock prices have displayed a breakout and bounced back from support, and both presently trading at Rs 90.80 and Rs 307. The breakout and bounce back align with positive signals from technical indicators such as RSI, ADX, and …

Breakout stocks of the day: BF Utilities and Skipper

Breakout stocks of the day: BF Utilities and Skipper

7 February 2024

With price volume support, BF Utilities and Skipper are strong bullish breakout potential stocks. The stock prices have displayed a breakout and bounced back from support, and both presently trading at Rs 783.85 and Rs 315.50. The breakout and bounce back align with positive signals from technical indicators such as RSI, ADX, and other key …

Stocks to Watch out on Valentine’s Day 2024

Stocks to Watch out on Valentine’s Day 2024

7 February 2024

Lovebirds rejoice! Valentine’s Day is around the corner, and while roses and chocolates might be the classic way to express your affection, there’s another option for the financially savvy couple: stocks! But before you dive headfirst into the world of finance with rose-tinted glasses, let’s take a closer look at some interesting Indian market picks …

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