News for ABB Power Products and Systems India Limited (POWERINDIA.NS)

Hitachi Energy share price: The stock zoomed 18.90 per cent to hit a one-year high value of Rs 9,765.30 in Thursday's trade. It was last seen trading 13.60 per cent higher at Rs 9,330.

As the Federal Reserve showed its intent to be in the aggressive path for fighting inflation, equities world over gained and likewise, Nifty in a weeks time has gained by a great 2.97%. So, amid such a momentum, HDFC Securities has come up with its positional picks based on technical analysis. These picks can be held for a short term of just up to 3 months.

Read more about Hitachi Energy at new high on order win from railways, gains 11% in 3 days on Business Standard. The company has won orders worth over Rs 160 crore for its key electric components to support the electrification of the country's rail routes.

HDFC Securities is now bullish on Hitachi Energy, formerly called known as ABB Power Products and Systems India Limited.

The net profit of the company in the year-ago quarter was Rs 4.76 crore, a BSE filing stated.

Focus on RIL, 3i Infotech, Tata Elxsi, L&T, IEX, Easy Trip Planners, Zee, YES Bank, HDFC Life Insurance, PVR, Inox Leisure

BSE Sensex and Nifty 50 were set to witness a positive opening on Friday, as indicated by trends on SGX Nifty in early trade

Nifty futures were trading 30.50 points or 0.17 per cent up at 18277 on Singaporean Exchange, suggesting a gap-up start for BSE Sensex and Nifty 50 on Friday

Trends on SGX Nifty indicate a positive opening for the index in India with a 26-points gain.

Shrikant Chouhan of Kotak Securities is of the view that the intraday texture of the market is weak and is likely to continue for some time.

All eyes on Zomato listing, RIL, SBI Cards, JSW Steel results

Trends on SGX Nifty indicate a positive opening for the index in India with a 23 points gain.

Total revenue of the firm rose to Rs 1,043.7 crore in the quarter from Rs 1,129.2 in the same period a year ago, it stated.