Bull run halts on Dalal Street; Nifty closes negative after 9 positive sessions; PSU Banks gain Bull run halts on Dalal Street; Nifty closes negative after 9 positive sessions; PSU Banks gain Among Nifty 50 stocks, Nestle India, Powergrid Corporation, and State Bank of India were the top gainers, while Infosys, HCL Tech, and Tech Mahindra were the top losers Prasad Chavan / Monday, April 17, 2023 / Article rating: 5.0 The Nifty ended in the red today, after nine consecutive positive sessions, closing around 121 points or 0.68% lower at approximately 17,706. The S&P BSE Sensex also closed lower, down around 520 points. However, the Nifty Midcap 100 and Nifty Smallcap 100 rallied by 0.39% and 0.33%, respectively.
This Realty stock is all set to become Multibagger; do you own it? This Realty stock is all set to become Multibagger; do you own it? The Company is continuously reducing its debt, the compounded profit growth is around 27 per cent and the stock price CAGR is around 14 per cent Prasad Chavan / Friday, April 14, 2023 / Article rating: 3.8 Stock is near to its technical breakout of continuation pattern along with trend reversal pattern. Now it closed at Rs 413.15 on NSE and closing above Rs 430 will confirm this breakout. Targets of this pattern will be around Rs 1000 – Rs 1500 within 2 years only.
Nifty recovered nearly 100 points from day’s low; Banks and Realty sector stocks led the rally Nifty recovered nearly 100 points from day’s low; Banks and Realty sector stocks led the rally Sectors like PSU Bank, Realty and PVT Bank outperformed the Nifty while IT and Pharma sector remained weak for the day. Prasad Chavan / Thursday, April 13, 2023 / Article rating: 4.6 Nifty again closed around day’s high after profit booking of morning session. It closed nearly flat around 90 points or 0.51 per cent to close around 17,812 level. S&P BSE Sensex also closed marginally higher around 38 points. Nifty Midcap 100 and Nifty Small cap 100 rallied 0.20 per cent and 0.29 per cent respectively.
Nifty closes above 17,800; Pharma, IT and auto sector stocks rally Nifty closes above 17,800; Pharma, IT and auto sector stocks rally Divis Lab, Eicher Motors and Bajaj-Auto are the top gainers while Power Grid, Nestle and NTPC were the top losers amongst Nifty 50 stocks. Prasad Chavan / Wednesday, April 12, 2023 / Article rating: 4.8 Nifty closed around the day's high after filling the opening gap. It closed higher around 90 points or 0.51 per cent to close around the 17,812 level. BSE Sensex rallied more than 235 points and closed just below the important resistance of the downward-sloping trendline on the daily timeframe. Nifty Midcap 100 and Nifty Smallcap 100 rallied 0.65 per cent and 0.53 per cent, respectively.
Indices closed positive for 7 consecutive sessions; Metal and Banks supported the rally Indices closed positive for 7 consecutive sessions; Metal and Banks supported the rally Metal, Banks and Auto outperformed the Nifty while IT sector corrected before the TCS results, which will be due on tomorrow Prasad Chavan / Tuesday, April 11, 2023 / Article rating: 5.0 Nifty closed around day’s high after filling the opening gap. It closed higher around 98.2 points or 0.56 per cent to close around 17,722 level. S&P BSE Sensex also closed green with more than 300 points. Nifty Midcap 100 and Nifty Small cap 100 rallied 0.50 per cent and 0.41 per cent respectively.
Domestic equity bourses close marginally higher; Realty and auto sector stocks rally for yet another session Domestic equity bourses close marginally higher; Realty and auto sector stocks rally for yet another session Tata Motors, ONGC and GRASIM are the top gainers while Hindustan Unilever, Asian Paints and Bajaj Finance were the top losers amongst Nifty 50 stocks Prasad Chavan / Monday, April 10, 2023 / Article rating: 3.8 Nifty opened with a slight gap-up and traded higher after some intraday consolidation. In the afternoon session, it witnessed a profit booking and touched its previous falling trend line on the daily time frame. Nifty closed higher around 24 points or 0.14 per cent to close around the 17,624 level. S&P BSE Sensex also closed flat with a rise of 13 points. Nifty Mid-cap 100 and Nifty Small-cap 100 rallied 0.38 per cent and 0.28 per cent respectively.
Multibagger Auto Sector stock rallied more than 21 per cent in few sessions only; Average daily volume is around 2 million Multibagger Auto Sector stock rallied more than 21 per cent in few sessions only; Average daily volume is around 2 million Last 5 years compounded sales growth is at 8 per cent, compounded profit growth is at 13 per cent, stock price CAGR is around 6 per cent Prasad Chavan / Friday, April 7, 2023 / Article rating: 4.3 Key customers of the company include Ashok Leyland, Bajaj Auto, CNH, Hero Moto Corp, Honda Motorcycle and Scooter India, Hyundai, Mahindra & Mahindra, Maruti Suzuki, Suzuki Motorcycle, TVS Motor, Tata Motors, VE Commercial Vehicles, Yamaha Motors.
Nifty closed at 17600 levels; Real estate stocks emerged as star performers Nifty closed at 17600 levels; Real estate stocks emerged as star performers NBFC stocks rallied after the dovish commentary of RBI governor. Sectors like Realty and Auto also showed decent strength. Prasad Chavan / Thursday, April 6, 2023 / Article rating: 5.0 Nifty closed around the day's high by rallying 42 points or 0.24 per cent to close around 17,600 level on the weekly expiry day. S&P BSE Sensex also closed around the day’s high with rise more than 143 points. Nifty Midcap 100 rallied 0.64 per cent after 2 days’ consolidation and Nifty Small cap 100 rallied 0.78 per cent.
Indices closed around day’s high; HDFC twins and ITC pulled the markets Indices closed around day’s high; HDFC twins and ITC pulled the markets L&T, ITC, HDFC and HDFC Bank are the top gainers while Eicher Motors, M&M and IndusInd Bank were the top losers amongst Nifty 50 stocks. Prasad Chavan / Wednesday, April 5, 2023 / Article rating: 3.8 Nifty traded higher and closed around the day's high by rallying 159 points or 0.91 per cent to close around 17,557 level. S&P BSE Sensex also closed around the day’s high with more than 600 points rise. Nifty Midcap 100 consolidated in a small range throughout the day while Nifty Small cap 100 rallied 0.72 per cent.
Is the auto sector about to make a new high? Know more here! Is the auto sector about to make a new high? Know more here! Breached the trend of lower top-lower bottom which indicates the end of correction that started from August 2022 and signals the commencement of fresh up move. Prasad Chavan / Tuesday, April 4, 2023 / Article rating: 4.0 Nifty auto index is considered one of the major sectoral indices on NSE. The Index is primarily used to gauge the performance in the automobile sector in India. Like NIFTY 50 Index, the NIFTY Auto Index is also calculated using the free float market capitalization method. The index level reflects the total free float market value of all stocks in the index relative to a particular base market capitalization value.