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stock market is a dynamic landscape, and investors often rely on technical indicators to identify potential opportunities. The 200-day Simple Moving Average (SMA) is one such indicator, offering insights into long-term trends. On September 27, several major stocks demonstrated their strength by surpassing their 200-day SMA. Let's explore the performance of these stocks. (Data Source: StockEdge) 1. Godrej Consumer Products Godrej Consumer Products Limited is a leading consumer goods company known for its wide range of household and personal care products.

Relative Strength Index (RSI). On September 27, Wednesday, StockEdge revealed that 25 stocks were trading in the overbought zone but were accompanied by declining RSI trends. In this article, we explore the importance of RSI and highlight 10 stocks that may need a closer look from investors. The Relative Strength Index (RSI) is a widely used momentum oscillator that helps investors gauge the strength and direction of a stock's price movements.

Midcap stocks made significant strides by reaching new 52-week highs on September 28. These remarkable performances underscore the potential and strength of these mid-sized companies, offering investors exciting prospects in the midcap segment. The data was sourced from StockEdge at 1:05 p.m., and the updates from the real-time data could come with a lag. The below data also pertains only to the time at which it was taken.

roads and railways worth Rs 52,000 crore have been recommended for approval under the PM Gati Shakti initiative, an official statement said on Thursday. This takes the total number of projects assessed by NPG to 112 with a total value of about Rs 11.53 lakh crore, since the launch of PM Gati Shakti, it said. These six projects were assessed in the 56th Network Planning Group (NPG) meeting on September 27.

Valiant Laboratories was subscribed 50% so far on the second day of the bidding process on Thursday. At 12.19 p.m., the public issue was subscribed 0.5 times, led by strong demand from retail investors, whose category was subscribed 93%. The issue was subscribed to 17% in the NII category.

Yatra Online made a disappointing debut on the exchanges on Thursday as its shares got listed at a significant discount. Shares of the online travel company listed on NSE at Rs 127, a discount of 10.2% to the issue price of Rs 142, while on BSE, the stock debuted at Rs 130, a discount of 8.4%. However, at 11.57 a.m., the stock was trading 5.3% higher at Rs 136.9 on BSE. «As expected, the Yatra Online IPO saw a tepid listing today and is trading close to the issuance price of Rs 142 per share. However, we believe that the strong growth in the tourism industry will help the share of the online travel market (OTA) to increase at a faster pace than captive players,» Prathamesh Masdekar, Research Analyst at StoxBox, said. «With a technology-driven business which would see benefits of operating leverage coming into play with a larger volume of business, we expect an improvement in the company's profitability going forward.

₹5,334.95 apiece on BSE and hit intraday high at ₹5,379.85 and low at ₹5,241.50. Dixon Technologies shares during Thursday's session slipped into the red zone.

Dixon Technologies surged 2% to hit a new 52-week high at Rs 5,379.8 in Thursday's trade on BSE after its wholly owned subsidiary- Padget Electronics Private Limited entered into an agreement with Xiaomi to carry out manufacturing of smartphones and other related products for Xiaomi. The manufacturing will take place at Padget’s manufacturing facility in Noida. Analysts say the deal will help Xiaomi India leverage Dixon’s status of being cleared to receive sops under the government’s production-linked incentive (PLI) scheme for mobile manufacturing. And for Dixon, it will mean another big-ticket contract, assuring revenue for its mobile manufacturing business, which contributed the largest — 46% — to its total revenue of FY4Q. Under the PLI scheme, Dixon has so far received around Rs 110 crore as incentives for meeting the incremental production targets.

Gujarat Ambuja Exports Ltd (GAEL), part of the agricultural products industry, has rallied by about 18% in a week to touch a fresh 52-week high in September 2023 and the chart patterns suggest that the rally may not be over yet. The stock rose from Rs 285 as of 18 September 2023 to Rs 338 recorded on 25 September 2023 which translates into an upside of over 18% in a week. The stock has rallied over 30% in a month – putting it in an overbought zone. Gujarat Ambuja Exports, which has a market capitalization of more than Rs 7600 cr trades at a market capitalization of 27.05x and an earnings per share of Rs 12.49, BSE data showed. Short to medium-term traders can look to buy the stock now for a target of Rs 360 in the next 3-4 weeks, suggest experts.

ICICI Lombard. Jefferies has a buy rating on RIL and Motilal Oswal recommended a buy on Global Health (Medanta). We have collated a list of recommendations from top brokerage firms from ETNow and other sources: UBS on L&T: Buy| Target Rs 3600 UBS maintained a buy rating on L&T but raised the target price to Rs 3600 from Rs 3040 earlier. Past strategies aided capability/scale and asset light sustainability is the new strategy for the company.

ICICI Lombard General Insurance Company slipped over 1% as it received a show-cause cum demand notice from the government with a tax demand of Rs 1,728.86 crore on alleged non-payment of GST. The show cause notice was received by the company on Wednesday, the information on which was given by the company late night. «The alleged demand and the impugned Show Cause Cum Demand Notice pertains to non-payment of GST on the Co-insurance premium accepted as follower in case of coinsurance transactions and non-payment of GST on re-insurance commission accepted on the reinsurance premium ceded to various Indian and Foreign reinsurance companies during the period July 2017 to March 2022,» the exchange filing said. The shares of ICICI Lombard were trading at Rs 1,284.95 on the NSE in the opening trade, down by Rs 18.65 or 1.43%. It had ended at Rs 1,303.60 on the NSE on Wednesday, down by Rs 9.70 or 0.74%. Recently, Indian casino operator Delta Corp plunged as much as 20% on Monday to their lowest since January 2021, after the company said that it received a notice to pay 111.40 billion rupees ($1.34 billion) in tax arrears. Delta Corp, which owns casinos as well as poker and rummy websites, added that the company and two of its units received intimations of an additional tax shortfall aggregating to 56.83 billion rupees for the period between July 2017 and March 2022. As per the filing to the exchanges, the alleged shortfall relates to Delta Corp and its two subsidiaries, Highstreet Cruises and Entertainment Pvt.

The S&P BSE Sensex rose more than 170 points while the Nifty50 closed above 19700 on Wednesday. India VIX was up by 3.62% from 11.18 to 11.58 levels in the previous trading session.

lentils from Canada despite the worsening of diplomatic ties between the two nations as New Delhi seeks to build buffer stocks to arrest the high price of pulses, said people familiar with the matter. The two central government agencies — National Cooperative Consumers’ Federation of India Ltd (NCCF) and National Agricultural Cooperative Marketing Federation of India (NAFED) – have recently issued tenders to procure red lentils (masoor whole) from the local market as well as through imports to stabilise prices. “The two agencies have floated tenders for domestic as well as imported lentils. They have, however, not mentioned any restriction on the country of origin,” one of the persons cited above said, adding lentils that will be procured have to comply with specifications of the Food Safety and Standards Authority of India (FSSAI). The two agencies, together, began issuing tenders four times every week to procure lentils earlier this month. Erratic monsoons this year in key growing states have caused a drop in acreage, leading to a rally in prices of the protein-rich staple.

Delta Corp and The India Cements. The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%. Traders who trade in indices do not encounter a situation of security ban. Meanwhile, the MWPL for The India Cements stood at 80.9% on Wednesday with OI reported by Trendlyne at 19.4 million. It was down 1% from the previous session. The MWPL for Delta Corp stood at 88.9% on Wednesday with OI reported by Trendlyne at 7.4 million.

Bruce Mathieson is adding muscle to the Endeavour board war.

SCSS), National Savings Certificate (NSC), and Sukanya Samriddhi Yojana (SSY) and Post Office Monthly Income Scheme (POMIS) in the past couple of quarters. However, the interest rate of the Public Provident Fund (PPF) has been unchanged since April 2020. Will the Central Government hike interest rates of post office schemes, including the PPF, for the October-December quarter? Let's find out what experts suggest.

Uday Kotak, Founder & Director of Kotak Mahindra Bank said on Thursday in a tweet. The billionaire businessman said that Evargrande has finally imploded while attributing the crisis to delays in action by Chinese policymakers. «Evergrande China finally implodes.

Yatra Online IPO: Listing date of the initial public offering (IPO) of Yatra Online Ltd has been fixed on 28th September 2023 i.e. today. As per the information available in BSE notice, "....

Sensex rose 173 points to settle at 66,118, while the broader Nifty gained 51 points to end at 19,716. Stocks that were in focus included names like REC, which rose 6.06%, Suzlon Energy, which dropped 1.54%, and Hudco, whose shares jumped 2.63% on Wednesday. Here's what Amol Athawale, VP technical research analyst at Kotak Securities, recommends investors should do with these stocks when the market resumes trading today. REC — Neutral In this quarter so far, the stock rallied over 70%. After the 170 breakout the stock consistently held higher high and higher low series formation, which is largely positive. Last Wednesday, the stock rallied over 6% and hit a fresh all time high of 285.95.

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Also Read: Ganesh Visarjan 2023: Ganesh Chaturthi 10 day festivities to draw to a close. Details about muhurat date and time here Within the jurisdiction of the Azad Maidan traffic division, there will be a suspension of vehicular traffic on Mahapalika Marg on Thursday. Instead, traffic will be rerouted from CSMT Junction, passing through D.N Road and L.T Marg, leading to Metro Junction.