News for Finolex Industries Limited (FINOLEXIND.BO)

Jubilant FoodWorks has formed a strong resistance zone at 700, with sustained buying pushing the stock upward. A breakout from a Cup and Handle pattern signals renewed bullish momentum. The stock trading above key moving averages confirms the uptrend, while a positive DMI+ crossover and ADX above 30 indicate strengthening bullish momentum and strong underlying strength.

Indian benchmark indices closed higher on Friday, driven by auto stocks, after last week's 5% drop. The Nifty 50 rose 0.27% to 23,813, and the BSE Sensex gained 0.29% to 78,699. Analysts suggest Nifty may consolidate between 23,500 and 23,900, with key resistance at 23,860 and support at 23,500, potentially targeting 24,000–24,100 if it breaks higher.

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May 13, 2024 / 05:30AM GMTOperator Ladies and gentlemen, good day, and welcome to Finolex Industries Q4 FY24 conference call hosted by ICICI Securities. (Operat

Stocks including Reliance Industries, YES Bank, IREDA, Dixon Tech, Medplus, Genus Power, UCO Bank and more may remain under the spotlight on Wednesday, September 11.

BASF India, Linde India, Adani Green Energy and Jindal SAW witnessed 20-22 per cent jump in their FY25 EPS forecasts. Among them, BASF India and Jindal SAW also saw their FY26 estimates rising by 28 per cent and 18 per cent, respectively.

Jul 29, 2024 / 05:30AM GMTOperator Ladies and gentlemen, good day, and welcome to Finolex Industries Q1 FY25 post earnings conference Call hosted by ICICI Secur

Q1 results today: At least 30 companies including ICICI Bank, Dr Reddy’s Lab, MCX, Finolex Industries, Punjab National Bank, IDFC First Bank, Jaiprakash Ventures, SBFC Finance, and Transport Corporation of India will declare their FY25 earnings on July 27.

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.

Indian benchmark indices slipped around 6% each on Tuesday, a day after the blue-chip indices surged to record highs on Monday as exit polls had projected a much bigger margin of victory. MACD showed bullish trade on the counters of Solar Industries, Sobha, Phoenix Mills, and Container Corporation of India. Shares of India Cement, Zee Entertainment Enterprises, Bandhan Bank, Dalmia Bharat hit their 52-week lows.

Long-term trend of equity markets look bullish, but they may witness consolidation in the near term, according to Aamar Deo Singh, head advisory at Angel One Ltd. Singh is “cautiously bullish” on the markets, despite the overall trend seeming to be positive. Many small, mid, and large cap companies have performed well.

Nifty settled at 22,218, while the Sensex ended 0.45% higher at 73,104 on Tuesday. Nifty is approaching the hurdle zone around 22,300 after two days of rebound. MACD showed bullish trade on the counters of Honeywell Automation, HG Infra Engineering, BEML, and Symphony.

Finolex Industries Limited reports 2% rise in profit, with total income up 8.27% in March 2024 quarter.

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Nity on Tuesday ended 140 points lower to form a long negative candle pattern with a minor lower shadow on the daily chart and found support around the 50-day exponential moving average at 22,240 levels.

Experts are hopeful of further uptrend towards 22,700-22,800 in the coming sessions, with support at 22,300-22,200 levels, and the volatility index diving to November 2023 lows

Sensex, Nifty updates on 4 March 2024. -- Sensex and Nifty closed at record highs, driven by gains in energy and bank stocks amidst volatile trade. Sensex climbed 66.14 points to 73,872.29, while Nifty rose 27.20 points to 22,405.60. NTPC, Power Grid, and Reliance Industries were among the top gainers, while JSW Steel and Tata Steel lagged. Moody’s raised India’s growth forecast to 6.8% for 2024. Global markets were mixed, with Asian markets in the green and European markets trading mixed. US markets ended higher on Friday. Brent crude rose to USD 83.80 a barrel. Foreign investors sold equities worth Rs 81.87 crore on Saturday.

Stocks to watch: Check out the companies making headlines before the opening bell today, on January 18, 2024.

A short build-up was seen in 80 stocks including HDFC Bank, SAIL, Kotak Mahindra Bank, IDFC First Bank, and Asian Paints.