News for Dr. Lal PathLabs Limited (LALPATHLAB.NS)

This announcement comes after a previous decision to add six companies to the F&O segment, namely Castrol India, Gland Pharma, NBCC, Phoenix Mills, Solar Industries, and Torrent Power.

Indian indices rose on Tuesday after a six-session losing streak. Investors await RBI's policy decision on Wednesday. Analysts predict a bullish trend in the near term, with support at 24,850 and resistance at 25,350-25,400.

Indian indices extended their losing streak for the sixth consecutive session, dragged by corporate earnings concerns and Middle East tensions. Nifty fell 0.87% to 24,795, and Sensex dropped 0.78%. Analyst Rupak De sees a bearish trend, with support at 25,400. Jatin Gedia sees a short-term target of 24,500.

Indian benchmark equity indices, the Sensex and Nifty, experienced their fifth consecutive decline on Friday, recording their worst weekly performance in over two years. Escalating tensions in the Middle East and rising foreign outflows contributed to investor unease. The Nifty 50 index fell 0.93% to 25,014, while the S&P BSE Sensex decreased by 0.98% to 81,688.

The Nifty 200 index is valued at about 24 times its 12-month forward earnings estimates, versus last decade's mean of about 19 times

The number of stocks on the NSE Nifty 200 index with a consensus ‘buy rating totaled 61 as of Tuesday, the lowest in at least a decade, data analyzed by Bloomberg show. LIC Housing Finance Ltd., Sun TV Network Ltd. and Dr. Lal PathLabs Ltd. are among stocks that saw multiple downgrades this quarter, putting their average analyst rating at ‘hold.

Indian equity markets ended near record highs on Monday, lifted by IT stocks, as the Federal Reserve hinted at impending rate cuts. Analysts observed strong bullish momentum, with support and resistance levels indicating potential for further gains despite some counters showing weakness.

Indian benchmark equity indices Nifty and Sensex ended flat in a highly volatile session on Friday, while global markets advanced after Federal Reserve Chair Jerome Powell stated that "the time has come" to reduce interest rates.

Derivatives market update: 12 stocks including Balrampur Chini, GNFC, India Cement, LIC Housing and National are in F&O ban on Thursday; 2 stocks see buildup up short positions; details here

"On the daily charts, we can observe that Nifty has managed to close above the 40-day average (24138). India Vix has cooled off and there has been a significant improvement in market breadth. All these parameters are suggesting that the Nifty is likely to witness continuation of the pullback. On the upside, 24520 – 24550 is the immediate hurdle while 24000 is the immediate support zone from a short term perspective," said Jatin Gedia of Sharekhan.

Hrishikesh Yedve of Asit C. Mehta Investment, said, "Nifty witnessed heavy selling pressure after forming a spinning top pattern and ended with a red candle. A strong break below 24,000 will likely trigger further selling pressure in the index. On the downside, 23,300 and 23,000 will provide significant support for Nifty in the immediate term."

Domestic equity benchmark index Nifty50 closed at a record high for the fifth consecutive session on Thursday, surpassing the 25,000 milestone for the first time, following signals from the US Federal Reserve of a potential rate cut in September.

According to Rupak De, Senior Technical Analyst at LKP Securities, the Nifty formed a small-bodied candle after a bearish engulfing pattern, hinting at a temporary pause in the market. The Relative Strength Index indicates a potential shift towards bearish sentiment. The 24,550 level is a crucial resistance, with a breakthrough potentially sparking a significant rally.

Indian benchmark equity indices, Sensex and Nifty50, logged record closing highs for a second straight session on Friday, driven by state-run companies and energy stocks on hopes of continued capital expenditure spending by the new government.

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

Based on the OI percentage, a total of 74 stocks were on the short-covering list which included Vodafone Idea, IndiaMART InterMESH, Biocon, Page Industries, and Sun TV Network.

Based on the OI percentage, a total of 44 stocks were on the short-covering list which included Exide Industries, Coromandel International, Mahanagar Gas, Birlasoft, and Dr Lal PathLabs.

Stocks to watch: Check out the companies making headlines before the opening bell today, on March 04, 2024.

Jio Financial Services Ltd (Jio Financial), ZEE, Shree Renuka Sugar, Power Grid, Federal Bank and NBCC other stocks on NSE that saw prise in both share price and volumes.