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Overnight Digest: Top 5 mid and small-cap stocks to watch out for January 10, 2024

Overnight Digest: Top 5 mid and small-cap stocks to watch out for January 10, 2024

9 January 2024

On Tuesday, the main stock indices closed the day with marginal gains. The Sensex edged up by 0.04% to finish at 71,385.21, while the Nifty saw a slight increase of 0.15%, closing at 21,544.85. Top-performing sectors included Nifty Realty, Nifty Auto, Nifty Pharma, and Nifty Metal, while Nifty Media, Nifty Financial Services, Nifty Bank, and …

Tata Power inks MoUs with Tamil Nadu Government for renewable energy revolution

Tata Power inks MoUs with Tamil Nadu Government for renewable energy revolution

9 January 2024

In a significant stride towards fostering sustainable energy initiatives, Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has inked two Memoranda of Understanding (MoUs) with the Government of Tamil Nadu. This collaboration, signed on January 8, 2024, at Chennai Trade Centre, aims to propel the growth of the state’s renewable energy sector …

These 4 NSE stocks surged over 15% and hit 52-week highs today: Keep them on your radar for tomorrow

These 4 NSE stocks surged over 15% and hit 52-week highs today: Keep them on your radar for tomorrow

9 January 2024

Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the green. The Nifty50 closed at 21,544.85, marking an increase of 31.85 points or 0.15% compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 71,386.21, reflecting an increase of 31 points. Among all the stocks listed on the …

List of Stocks to Benefit from Lakshadweep tourism

List of Stocks to Benefit from Lakshadweep tourism

9 January 2024

Prime Minister Narendra Modi’s recent visit to Lakshadweep has put this stunning archipelago back on the tourism map. With its turquoise waters, pristine beaches, and luxurious resorts, Lakshadweep is the perfect destination for those seeking an unforgettable getaway. But beyond the beauty, there’s more to Lakshadweep than meets the eye. The islands are home to …

Buy in the dip stock: Steel Strips Wheels Limited

Buy in the dip stock: Steel Strips Wheels Limited

9 January 2024

Let’s talk about a stock called Steel Strips Wheels Ltd in the automobile makers. Recently, it’s been hanging around an indicator called the 200-day exponential moving average (EMA) in the stock market. This indicator helps us see long-term trends. Now, the interesting part is that Steel Strips Wheels Ltd is close to this 200-day EMA. …

Top 3 breakout stocks trading below Rs 100

Top 3 breakout stocks trading below Rs 100

9 January 2024

These three equities gained significantly during Tuesday’s trading sessions, indicating strong bullish action. Here’s an in-depth look. AYM Syntex Ltd  Shares of AYM Syntex have experienced a notable volume price breakout, coupled with bullish a strong resistance breakout. Currently priced at Rs 82.50, the stock has witnessed a substantial surge in trading activity today. The …

Breakout stocks of the day: Suryoday Small Finance Bank and Borosil Renewables

Breakout stocks of the day: Suryoday Small Finance Bank and Borosil Renewables

9 January 2024

With price volume support, Suryoday Small Finance Bank and Borosil Renewables have strong bullish breakout potential. The stock price has displayed a symmetrical triangle and rounding bottom chart pattern breakout and is presently trading at Rs 172 and Rs 500. The breakout corresponds to the RSI, ADX, and other technical analysis indicators. Suryoday Small Finance …

Zee-Sony Merger Meltdown: A Dream Deal Turns Sour

Zee-Sony Merger Meltdown: A Dream Deal Turns Sour

9 January 2024

Bollywood blockbusters may be full of dramatic twists, but the real-life saga of the Sony-Zee merger is giving them a run for their money. Zee Entertainment shares took a nosedive today, plummeting 10% after reports surfaced that Sony is contemplating pulling the plug on their billion-dollar dance. Important levels to watch: 219.4 – 201.95 Stock …

Bajaj Auto announces Rs 4,000 crore share buyback; price fixed at Rs 10,000 each

Bajaj Auto announces Rs 4,000 crore share buyback; price fixed at Rs 10,000 each

9 January 2024

Bajaj Auto, a flagship company of the Bajaj Group and a manufacturer of two and three-wheelers, announced after the market closed that the company’s board of directors has approved a proposal for a Rs 4,000 crore buyback at its meeting held on Monday. Buyback details According to the details in the press release, at its …

Market Movers: Here are today’s high-volume buzzers!

Market Movers: Here are today’s high-volume buzzers!

9 January 2024

Indian benchmark indices commenced the trading session with optimism, edging closer to their 52-week high. Noteworthy gains in the information technology, capital goods, real estate, power, and metal sectors fuelled upbeat sentiment, while the BSE Telecommunication sector was the sole sector trading in the red. The broader indices mirrored the upward trend observed in the …

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