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Nifty and Bank Nifty Analysis and Trading Strategy for October 05, 2023

Nifty and Bank Nifty Analysis and Trading Strategy for October 05, 2023

5 October 2023

Nifty View: The Nifty recovered over 100 points from the day’s low and closed almost at the opening level, forming a Dragonfly Doji pattern. It bounced from the lower Bollinger band. If Wednesday’s low is protected, expect a decent bounce from hereon.  On Wednesday, Nifty opened with a gap down and smartly recovered from the …

Shares of EaseMyTrip surge as it inks an MoU with Uttarakhand Government

Shares of EaseMyTrip surge as it inks an MoU with Uttarakhand Government

4 October 2023

EaseMyTrip has entered into a significant Memorandum of Understanding (MoU) with the Government of Uttarakhand, paving the way for a substantial investment exceeding Rs 250 crore aimed at enhancing Uttarakhand’s global tourism profile. This historic MoU heralds a transformative partnership that is poised to catapult Uttarakhand into the international tourism limelight. The collaboration will see …

Escorts Kubota shares surge on strong construction equipment sales growth in September

Escorts Kubota shares surge on strong construction equipment sales growth in September

4 October 2023

The Construction Equipment Segment of Escorts Kubota experienced a substantial sales boost, with 592 machines sold in September 2023, marking a 51.8% growth compared to the 390 machines sold in the same month last year. This robust growth momentum in the construction equipment industry is expected to continue during the festive season and beyond. The …

Block deals in September 2023; Restaurant Brand Asia and IDFC First Bank top the list

Block deals in September 2023; Restaurant Brand Asia and IDFC First Bank top the list

4 October 2023

Monitoring significant stock transactions like block deals can offer valuable insights for informed investors. These deals, involving large quantities of shares, often reflect major investors’ sentiments and can influence a stock’s price and market perception. Block deals require a minimum of 5 lakh shares or a value of Rs 10 crore to be traded at …

Tilaknagar Industries: A small-cap success story with over 100% returns in a year

Tilaknagar Industries: A small-cap success story with over 100% returns in a year

4 October 2023

Tilaknagar Industries Limited has proven to be a small-cap gem, delivering remarkable returns to its investors over the past year. Starting from Rs 99.90 on October 04, 2022, the company’s share price has surged to Rs 204.85 on October 04, 2023, marking an impressive 100% increase within a one-year holding period. For those who invested …

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

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

4 October 2023

In the current trading sessions, both the Sensex and Nifty are witnessing declines, with the Sensex down by 0.65% and the Nifty down by 0.67%. Additionally, the Nifty Midcap is experiencing a significant drop of 1.79%, while the Nifty Smallcap is down by 1.53%. None of the major sectors are showing positive performance at the …

Tata Technologies files addendum to DRHP; Tata Motors to offload shares – details inside

Tata Technologies files addendum to DRHP; Tata Motors to offload shares – details inside

4 October 2023

Tata Technologies, a subsidiary of Tata Motors, has submitted an important addendum to the Securities and Exchange Board of India (SEBI) today. This development regarding Tata Technologies’ IPO has been eagerly awaited in the financial markets. According to the updated document, Tata Technologies intends to offer 9.57 crore shares in its upcoming initial public offering …

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

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

4 October 2023

The benchmark index S&P BSE 500 opened today at 27,294.04 and made its day high at 27,294.13 and it is trading in red, down by more than 0.90%                     From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 4% …

Dark horse stock of the day: Softtech Engineers gains 20% in a weak market

Dark horse stock of the day: Softtech Engineers gains 20% in a weak market

4 October 2023

Shares of Softtech Limited witnessed a significant surge today. The stock opened trading at Rs 179.40 per share, representing a weak opening with a 1.42% decrease compared to the previous day’s closing price of Rs 182 per share on the BSE. As of writing this article, the stock is trading at Rs 218.40, which is …

Sasken Technologies defies market trends with 13% surge; forges IoT partnership with Qualcomm

Sasken Technologies defies market trends with 13% surge; forges IoT partnership with Qualcomm

4 October 2023

Despite the persistent downtrend in domestic indices, where all sectoral indices dipped into the red, a shining exception emerged in the form of the BSE Smallcap index, which outperformed the broader market by a significant margin. In the midst of this challenging market environment, Sasken Technologies Ltd, the top gainer in the BSE Smallcap segment, …

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