News for Jayaswal Neco Industries Limited (JAYNECOIND.BO)

The Indian rupee fell 54 paise against the dollar in the week ended March 22 as it closed at 83.42 versus the March 15 closing 82.88.

Nifty needs to cross over 22,100 to witness a clear rally towards the all-time high of 22,525, says Rupak De, Senior Technical Analyst, LKP Securities.

Many of the data points indicate that the current sideways trend is possibly a distribution, and the Nifty index may eventually drift lower

In this week, the Indian rupee lost some ground against the US dollar, as domestic unit fell 11 paise to close at 83.03 in the week ended February 9 against the February 2 closing of 82.92.

Nifty found support at the 20DMA for the second day in a row, on Friday. The trend could weaken if it decisively drops below 21,690. A decisive fall below 21,690 may trigger a correction towards 21,500, says Rupak De, Senior Technical Analyst, LKP Securities.

Q3 results today: A total of 82 listed companies including Tata Technologies, Vedanta, Adani Power, SBI Life Insurance, and Punjab National Bank, are set to unveil their Q3FY24 results on January 25

Kotak Strategic Situations India Fund II (KSSF II) invests ₹1,500 crore in Jayaswal Neco Industries Limited (JNIL) to refinance existing debt.

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

Indian stock markets are marginally down today. Nifty stands at 17,917.70 points, while Sensex stands at 60,068.42 points, on September 15. These 5 below-mentioned stocks hit their 52-week highs today and surged up to 53% in the last 1 month.

According to market watchers, benign global liquidity, containment of COVID-19 cases, significant pickup in the pace of vaccination, sharp recovery in corporate earnings, and a market-friendly budget lifted the market mood in the recent past.

Indian share market benchmarks were trading volatile, where BSE Sensex and Nifty 50 gyrated in both directions on Friday.

BSE Sensex and Nifty 50 were trading range-bound on Wednesday, a day before weekly options expiry, and monthly derivative expiry.