Five stocks with selling interest Five stocks with selling interest DSIJ Intelligence / Wednesday, October 21, 2020 / Article rating: 5.0 The market opened in green October 21, 2020, overall volumes in futures & options currently stand at 2,31,08,150 contracts with a turnover of Rs. 16,85,766.70 crore.
Motherson Sumi Systems to acquire electrical wiring interconnection systems business in Mexico; stock opens 1.01 per cent higher Motherson Sumi Systems to acquire electrical wiring interconnection systems business in Mexico; stock opens 1.01 per cent higher DSIJ Intelligence / Wednesday, October 21, 2020 / Article rating: 3.3 Motherson Sumi Systems Limited (MSSL) via its Mexican subsidiary, Motherson Rolling Stocks S de RL de CV (MRS), has signed an asset sale and purchase agreement to acquire the electrical wiring interconnection systems (EWIS) business of Bombardier Transportation, Mexico (BT Ensambles México).
Price volume breakout: These stocks are showing a bullish trend Price volume breakout: These stocks are showing a bullish trend DSIJ Intelligence / Wednesday, October 21, 2020 / Article rating: 3.9 Price volume gainers are the stocks that have shown an increase in the stock prices in a particular session along with increasing volumes. Generally, it is considered a bullish sign, and traders usually are comfortable going long on such counters where the prices increase along with volumes.
Multibagger stock: Strides Pharma Sciences receives USFDA approval Multibagger stock: Strides Pharma Sciences receives USFDA approval DSIJ Intelligence / Wednesday, October 21, 2020 / Article rating: 3.4 Strides Pharma Sciences announced that the company’s step-down wholly-owned subsidiary, Strides Pharma Global Pte. Limited, Singapore has received approval from United States Food & Drug Administration (USFDA) for Ethacrynic Acid tablets USP, 25 mg.
Nifty trend for Wednesday and stocks in news: Reliance Industries, Motherson Sumi Systems, Lasa Supergenerics, Cipla and Indo Count Industries Nifty trend for Wednesday and stocks in news: Reliance Industries, Motherson Sumi Systems, Lasa Supergenerics, Cipla and Indo Count Industries DSIJ Intelligence-3 / Wednesday, October 21, 2020 / Article rating: 4.7 The zone of 11,789-11,820 would be a crucial support area in the near term while, on the upside, the bulls need to sustain above the level of 11,950 for the continuation of the upmove.
Indian markets likely to open higher as stimulus talks stay alive! Indian markets likely to open higher as stimulus talks stay alive! DSIJ Intelligence-3 / Wednesday, October 21, 2020 / Article rating: 4.5 The index has a resistance placed around the levels of 11,950 and until and unless this level is not crossed convincingly, it’s better to refrain from making any heavy long positions in the index. Meanwhile, the broader indices can be looked into for some stock-specific trading opportunities.
Retirement planning: An unpenetrated concept in India Retirement planning: An unpenetrated concept in India DSIJ Intelligence / Tuesday, October 20, 2020 / Article rating: 3.3 Retirement planning is still an unfamiliar term in India. The idea of making a retirement plan in advance doesn’t even cross in minds of most of the population. Read on to find out more.
Cipla launches Nintib to treat idiopathic pulmonary fibrosis; stock ends in green Cipla launches Nintib to treat idiopathic pulmonary fibrosis; stock ends in green DSIJ Intelligence / Tuesday, October 20, 2020 / Article rating: 4.7 The pharma major, Cipla Limited announced on Tuesday that it has launched generic Nintedanib for the treatment of idiopathic pulmonary fibrosis (IPF), under the brand name, 'Nintib'. The drug will be made available in the form of 100 mg and 150 mg capsules.
Indo Count Industries Ltd forays into bed linen markets; locks in at upper circuit Indo Count Industries Ltd forays into bed linen markets; locks in at upper circuit Nidhi Jani / Tuesday, October 20, 2020 / Article rating: 3.8 Looking at the industrial front, China has a 39 per cent share in home textile exports with USD 19 billion, followed by India at 11 per cent with USD 5 billion. India, being the second largest home textile exporter as well as the largest producer of cotton in the world, is expected to benefit from this structural shift.
Nucleus Software Exports forms bullish engulfing candle Nucleus Software Exports forms bullish engulfing candle Vinayak Gangule / Tuesday, October 20, 2020 / Article rating: 4.5 On Tuesday, the stock has formed a bullish engulfing candlestick pattern on the daily timeframe. The bullish engulfing candlestick pattern is considered to be a bullish reversal pattern and usually occurs at the bottom of a downtrend.