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Overnight Digest: Top 5 mid and small-cap stocks to watch out for December 22, 2023 

Overnight Digest: Top 5 mid and small-cap stocks to watch out for December 22, 2023 

21 December 2023

The Nifty50 exhibited weakness in the morning, initiating with a gap down opening at 21,033.95. Despite a substantial decline and prevailing bearish sentiment, Nifty displayed resilient bullish momentum throughout the day. The session concluded on a positive note, with the index closing at 21,255.05, marking a gain of 0.50% or 104.90 points from the previous …

These 5 NSE stocks surged over 10% and hit 52-week highs today: Keep them on your radar for tomorrow

These 5 NSE stocks surged over 10% and hit 52-week highs today: Keep them on your radar for tomorrow

21 December 2023

Today, the broader indices, NSE Nifty50 and BSE Sensex, ended the day in the green. The Nifty50 eventually concluded at 21,255, marking an increase of 104.90 points or 0.5% compared to the previous day’s closing level. Meanwhile, the BSE Sensex concluded at 708,865, reflecting an increase of 359 points. Among all the stocks listed on …

Pullback stocks of The day: SAIL and CAMS make a striking bounce back

Pullback stocks of The day: SAIL and CAMS make a striking bounce back

21 December 2023

Steel Authority of India and Computer Age Management Services Polymers have good price-volume support. The stock price is presently trading at Rs 107 and Rs 2,709, respectively, after bouncing back from key support levels. The RSI, ADX, and other technical analysis metrics are in sync with the rebound. Steel Authority of India Ltd Daily chart …

Zero promoter holding: Are these stocks good for investment or not?

Zero promoter holding: Are these stocks good for investment or not?

21 December 2023

Have you ever wondered about companies that operate without a promoter? If not, take a moment to review your portfolio and analyse the promoter holdings within it, along with the participation of various investors. Furthermore, examine their movement quarter by quarter. In business, several factors can impact investor sentiment and market perception. One significant factor …

Mamaearth’s Parent Company, Honasa Reports a 94% Surge in Net Profit

Mamaearth’s Parent Company, Honasa Reports a 94% Surge in Net Profit

23 November 2023

Honasa Consumer Limited, the parent company of the digital skincare brand Mamaearth, announced its financial results for the September quarter of the fiscal year 2024, revealing a net profit of Rs 29 crore. This marks the first time the company has announced its quarterly earnings since its listing on the Indian market. Mamaearth has solidified …

Heavy buying was witnessed in this wind energy stock which gained over 250% in a year

Heavy buying was witnessed in this wind energy stock which gained over 250% in a year

21 December 2023

Shares of Inox Wind Limited (IWL) gained about 4% today. The stock has witnessed heavy buying activity from investors. The company recently got a Rs 800 crore cash injection from its parent company, strengthening its financial standing. Inox Wind Energy Limited raised the funds by selling IWL shares on the stock exchange, attracting prominent investors. …

Tata Group-backed small-cap hotel stock delivered over 500% returns in three years

Tata Group-backed small-cap hotel stock delivered over 500% returns in three years

20 December 2023

Shares of Benares Hotels Limited gained about 6% today. The stock has witnessed heavy buying activity from investors. The Indian Hotels Company Limited holds the majority stake in the company. Recently, the company announced that it will add a 100-room tower with larger rooms and take the total inventory to 230 rooms at Taj Ganges, …

Breakout stocks of the day: Voltas and Vijaya Diagnostic Centre

Breakout stocks of the day: Voltas and Vijaya Diagnostic Centre

20 December 2023

Voltas and Vijaya Diagnostic Centre are positive breakout candidates with price volume support. The stock price is currently trading at Rs 930 and Rs 670, respectively has witnessed the formation of a rectangle and an ascending triangle chart pattern. The RSI, ADX and other parameters of technical analysis are in sync with the breakout. Voltas …

Nazara Technologies announces partnerships to publish five games in India

Nazara Technologies announces partnerships to publish five games in India

20 December 2023

About the partnership  Nazara Technologies Limited, a leading force in the gaming and sports media industry has unveiled partnerships with four distinguished Indian game studios. This initiative is part of Nazara’s new publishing division, focusing on promoting the Make in India vision in the gaming sector. The eclectic mix of games selected for publication includes …

Volume buzzers: Today’s high-volume performers Stocks!

Volume buzzers: Today’s high-volume performers Stocks!

28 September 2023

Both the Sensex and Nifty are currently witnessing notable downturns, registering declines of 0.84% and 0.88%, respectively. Furthermore, the Nifty Midcap index has experienced a more significant decline of 0.99%, while the Nifty Smallcap index has recorded a relatively smaller decline of 0.27%. Among the constituents of the Nifty 50, noteworthy gainers include L&T, Axis …

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