News for ESAB India Limited (ESABINDIA.BO)

Stocks including Waaree Energies, Cyient, Bharat Forge, IREDA, Tata Tech, HFCL, Patanjali Foods, RITES and Orchid Pharma will be in the spotlight on Thursday, February 20.

Discover why P/E ratios alone aren't enough. Learn how to identify hidden gems in the stock market with a balanced approach to valuation and growth.

Stocks including Waaree Energies, GMR Airports Infra, AstraZeneca Pharma, Indus Towers, Ashoka Buildcon, ITI, GVK Power and more will be in the spotlight on Tuesday, November 19.

Companies including Maruti Suzuki, M&M, Tata Steel, BHEL, Coal India, Mankind, Adani stocks more may remain under the spotlight before the opening bell on Thursday, August 01.

"On the hourly chart, the index has given a consolidation breakout. The RSI is in a bullish crossover on both the hourly and daily timeframes. A fresh leg of bullishness starts above 25,000, while support is placed at 24,900. If the index falls below this level, it might correct down towards 24,750," said Rupak De, Senior Technical Analyst, LKP Securities.

The 30-share BSE Sensex pack surged more than 800 points to hit an all-time high of 81,522.55 and the broader NSE Nifty index moved over 200 points to trade at a fresh record peak of 24,837.75.

Nifty range-bound flat closing for the last four days indicates a pause before a sharp move. The direction of this move is not yet known, at least not before any directional breakout. Solar Industries, Titagarh Rail Systems, Carborundum Universal, Paras Defence and Space Technologies showed bullish bias.

Blue-chip NSE Nifty 50 advanced 0.22% to 22,104 points, while the S&P BSE Sensex added 0.15% to 72,776. Nifty formed a hammer candle on the daily chart as modest buying interest from the lows of 21,821 bolstered a technical pullback

LIC posted results above expectation in terms of policy growth and margins, Religare Securities said adding that the insurer managed to increase the portion of non-par products which aided the margin.

Apeejay Surrendra Park Hotels shares listing: The stock opened at Rs 187 against the IPO price of Rs 155 per share on BSE. Market cap of the firm rose to Rs 3,990 crore.

The 30-share BSE Sensex climbed 107 points or 0.15 per cent to trade at 71,702, and the NSE Nifty was up 43 points or 0.20 per cent to trade at 21,826.

More than 500 companies across all sectors will be revealing their third quarter financial results next week.

Broader indices outperformed the main indices with the BSE SmallCap, MidCap and LargeCap indices rising 3 percent, 2.5 percent and 1.6 percent, respectively, in the week ended November 17

Among sectors, the Nifty information technology index added 5 percent, the realty index rose 4.7 percent, auto nearly 4 percent and the Nifty metal index gained 3 percent during the week

On the festive eve, bulls pushed the BSE Sensex 355 points, or 0.55 per cent higher, to 65,259.45. NSE's Nifty50 gained 100.20 points, or 0.52 per cent, to end the Muhurat trading session at 19,525.55.

ESAB India shares hit a 52-week high on Monday in early trade. The Chennai-based company's stock price rose to ₹4,710.95 on NSE, up 30% since March. The company posted a 61% growth in net profit in FY23 and total income from operations rose to ₹1,099 crore. The stock rally is in line with the overall market rally in the last 2-3 months.

Buzzing stocks: Adani Ports, Adani Enterprises, Infosys, Wipro, Waffle India, Sejal Glass, Deepak Nitrite, HG Infra, Vikas Lifecare, NHPC, MIC Electronics, Bharat Dynamics, Emami, Gokaldas Exports, GIC, GSFC, Indostar, Infibeam, IEX, IFCI, IRCTC, Mishra Dhatu Nigam, IRFC, Reliance Infra, Strides Pharma, Suen Pharma, TTK Prestiege, Vodafone Idea, Zee Entertainment

Business Standard | Stocks to watch today on May 25, 2023: AIA Engineering, eClerx, GSFC, Voda Idea, IEX, IFCI, Page Inds, SAIL, Strides Pharma, and Zee among prominent companies scheduled to announce Q4 results on Thursday.

During this week, BSE Mid-cap index shed 1.3 percent, BSE Small-cap Index shed 0.8 percent and BSE Large-cap Index was down 0.5 percent.