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Top Two Stocks to Watch Today – 27 September, 2023

Top Two Stocks to Watch Today – 27 September, 2023

27 September 2023

On Tuesday, Nifty saw yet another rangebound session with the formation of a bearish candlestick pattern with minor upper and lower shadows, which resembles the Inside Bar kind of pattern on the daily chart, as the index stayed within the previous day’s range throughout the day. Here are the top two stocks to watch out …

Nifty and Bank Nifty Analysis – September 27, 2023

Nifty and Bank Nifty Analysis – September 27, 2023

27 September 2023

Nifty View: On Tuesday, Nifty traded within the range of the previous session, forming an inside bar. It remained sandwiched between the 20 DMA and 50 DMA, with limited price action, spanning only 62 points. This range-bound behavior occurred just before the monthly derivative expiry, suggesting trader reluctance to open fresh positions, evident from the …

Dark horse stock of the day: Shreyas Shipping and Logistics gains 20% and hits the upper circuit

Dark horse stock of the day: Shreyas Shipping and Logistics gains 20% and hits the upper circuit

26 September 2023

Shares of Shreyas Shipping and Logistics Limited witnessed a significant surge today. The stock opened trading at Rs 350.95, which was almost flat compared to the previous day’s closing price of Rs 351.45 per share on the BSE. Despite the flat opening, it surged by 20% today. During the intraday session, the stock not only …

A long-term view on Nifty PSU Bank: Complete details inside

A long-term view on Nifty PSU Bank: Complete details inside

26 September 2023

The Nifty PSU Bank index is currently trading at the level of 5190, just 186 points below its all-time high of 5375.85, reached in November 2010. Afterwards, the index entered a 12-year downtrend during which it formed a downward channel. However, in November 2022, it broke out of this channel pattern and four weeks ago, …

Foods & Inns: India’s second-largest processor and exporter of processed foods and vegetables surged 15% today; do you own it?

Foods & Inns: India’s second-largest processor and exporter of processed foods and vegetables surged 15% today; do you own it?

26 September 2023

Shares of Foods and Inns Limited witnessed a significant surge today. The stock opened trading at Rs 165.10, almost flat compared to the previous day’s closing price of Rs 166.55 per share on the BSE. Despite the flat opening, it surged by 16.5% today. As of writing this article, the stock is trading at Rs …

Volume buzzers: Stocks that have seen good volumes in today’s session so far

Volume buzzers: Stocks that have seen good volumes in today’s session so far

26 September 2023

Today, the S&P BSE Sensex, the frontline index, opened at 66,071.63, compared to the previous closing of 66,023.69. At present, it is trading at 65,962.33, down by 61.36 points or 0.09%. The index touched an intraday high of 66,078.26 and a low of 65,909.41 points, respectively. In contrast, the Nifty50 is trading at 19,672.65, down …

D B Realty to acquire stakes in 3 hotels; details inside

D B Realty to acquire stakes in 3 hotels; details inside

26 September 2023

D B Realty has entered into separate Share Purchase Agreements to acquire shares of Bamboo Hotel Global Centre (Delhi), Goan Hotels & Realty and BD and P Hotels (India) on the terms and conditions as contained therein. D B Realty will acquire 10,10,000 Class A equity shares in Bamboo Hotel for a total consideration of …

Indian Hotels Company rises on opening a new resort in Gangtok

Indian Hotels Company rises on opening a new resort in Gangtok

26 September 2023

At 12 pm, the shares of Indian Hotels Company were trading at Rs 414, up by 1.26% from its previous closing of Rs 408.85 on the BSE. Indian Hotels Company (IHCL) has expanded its footprint in Sikkim with the opening of a resort in the state capital Gangtok. The 69-key resort, spread over 14 acres …

Subsidiary of Welspun Corp to set up water tanks and PVC pipe facilities in Telangana

Subsidiary of Welspun Corp to set up water tanks and PVC pipe facilities in Telangana

26 September 2023

Welspun Corp Limited, a leading manufacturer of steel and home furnishing products, has announced that its wholly owned subsidiary Sintex BAPL has signed a Memorandum of Understanding (MOU) with the state government of Telangana to set up a manufacturing unit in the state with an investment of up to Rs 350 crore.  The proposed project …

Rising speculation and investor frenzy in the SME market: Here are SEBI’s measures to safeguard investors

Rising speculation and investor frenzy in the SME market: Here are SEBI’s measures to safeguard investors

26 September 2023

In a bold stride toward preserving market integrity and securing the interests of investors, the Securities and Exchange Board of India (SEBI) and the Exchanges have continually unveiled an array of proactive surveillance measures. Their latest endeavour, announced on Monday, is aimed at quelling speculative trading within the realm of small and medium enterprises (SMEs). …

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