Index trend and stocks in action on April 29, 2020
Index trend and stocks in action on April 29, 2020

Index trend and stocks in action on April 29, 2020

Karan Dsij Article rating: 3.3

Keep a close watch around 9,400 mark and in the case of a gap-up opening, look to buy into dips as long as we hold above 9,400 mark. Stocks in news: Biocon, NLC India, Crompton Greaves Consumer Electricals, Reliance Industries.

Be wary of level 9,400 today!
Be wary of level 9,400 today!

Be wary of level 9,400 today!

Karan Dsij Article rating: 4.0

South African theologian Desmond Tutu used to say, “Hope is being able to see that there is light despite all of the darkness.” Yes, the word ‘hope’, which has kept the flame of bulls going on Dalal Street. The market participants are hopeful that Finance Minister is likely to announce a second stimulus package for the economy, impacted by the nationwide lockdown and triggered by Coronavirus pandemic.

Dish TV stock slips despite partnership deal with MX Player
Dish TV stock slips despite partnership deal with MX Player

Dish TV stock slips despite partnership deal with MX Player

Avalokita Pandey Article rating: 4.2

One of the leading DTH connection service providers in India, Dish TV, announced that it has partnered with an Indian mobile video player app-MX Player. Post this partnership, Dish TV will showcase MX Player’s content via its Android-based set-up boxes.

Alembic Pharmaceuticals forms bearish engulfing candle
Alembic Pharmaceuticals forms bearish engulfing candle

Alembic Pharmaceuticals forms bearish engulfing candle

Vinayak Gangule Article rating: 5.0

On Tuesday, the stock has formed a bearish engulfing candlestick pattern on the daily time frame. The bearish engulfing candlestick pattern is considered to be a bearish reversal pattern and usually, occurs at the top of an uptrend.

Day 2 of Sensex rally
Day 2 of Sensex rally

Day 2 of Sensex rally

Geyatee Deshpande Article rating: 4.0

Continuing the week with positive sentiments, Sensex on Tuesday rose by 1.17 per cent, higher than its previous close or by 371.44 points to be at the level of 32,114.52. Nifty gained by 1.06 per cent or 98.60 points to the reach level of 9,380.90.

Manappuram Finance gains on plans to raise up to Rs 500 crore
Manappuram Finance gains on plans to raise up to Rs 500 crore

Manappuram Finance gains on plans to raise up to Rs 500 crore

Avalokita Pandey Article rating: 3.7

The stock of Kerala-based gold loan provider-Manappuram Finance, gained more than nine per cent on Tuesday after the non-banking financial company (NBFC) informed that it is planning to raise capital up to Rs 500 crore.

IndusInd Bank Q4 profit down on higher provisions
IndusInd Bank Q4 profit down on higher provisions

IndusInd Bank Q4 profit down on higher provisions

Anthony Fernandes Article rating: 3.4

The shares of IndusInd Bank were trading in green by more than 10 per cent in the early trade on Tuesday after the company reported its March 2020 quarter numbers.

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