News for Rajratan Global Wire Limited (RAJRATAN.NS)

Stocks to watch today, July 31, 2024: GIFT Nifty indicates a somber start for the benchmark equity indices on Wednesday. Here are buzzing stocks to watch during today's trading session

Buzzing Stocks Today, Stocks that will see action today: July 30, 2024 - India Cements, CESC, Tata Steel, RITES, Oberoi Realty, Bharti Airtel, SIS, Aarti Drugs, ITD Cementation, Sona BLW, PNB Housing

Stocks to watch today, July 30, 2024: GIFT Nifty indicates a lacklustre start for the benchmark equity indices on Tuesday. Here are buzzing stocks to watch during today's trading session

The New Delhi-based Bansal Wire Industries is selling its shares in the price band of Rs 243-256 apiece. Investors can apply for a minimum of 58 shares and its multiples thereafter.

Reliance Industries, Hatsun Agro Products, Tejas Networks and Aditya Birla Money are among companies that will announce results for the March quarter today.

Nifty futures on the NSE International Exchange traded 24 points, or 0.11 per cent, lower at 21,697.50, hinting at a positive start for the domestic market on Saturday.

A short build-up was seen in 61 stocks, including HDFC Bank, Reliance Industries, Hero MotoCorp, Berger Paints, and Vedanta. An increase in OI along with a fall in price points to a build-up of short positions

East India Securities recommended hold rating on Rajratan Global Wire with a target price of Rs 798 in its research report dated April 25, 2023.

Nifty futures on the Singapore Exchange traded 10 points, or 0.06 per cent, higher at 17,675, hinting at a positive start for the domestic market on Friday.

Based on the OI percentage, 70 stocks, including ICICI Prudential Life Insurance, City Union Bank, Navin Fluorine International, HDFC AMC, and Jubilant Foodworks, saw long build-ups.

On August 11, the Indian stock market turns green. Nifty opens at 17,711.65 points, and Sensex Opens at 59,320.45 points today. Till 10.25 am, Nifty 50 stood at 17,684.55 points, up by 0.85%, while Sensex stood at 59,395.56 points, up by 0.98%. Major banking indices are sharply bullish today, Nifty PSU Bank up 2.67%, Nifty Private up by 1.36%. Additionally, Nifty IT gained by 0.86%.

Based on the open interest future percentage, a long unwinding was seen in 91 stocks including Alembic Pharma, United Breweries, Honeywell Automation, Strides Pharma Science, and Ipca Laboratories

Based on the open interest future percentage, long unwinding was seen in 19 stocks including Navin Fluorine International, Aditya Birla Fashion and Retail, NTPC, Birlasoft, and Atul.

Five stocks - Balrampur Chini Mills, Delta Corp, GNFC, Indiabulls Housing Finance and Sun TV Network - are under the F&O ban for March 23.

Rohit Singre, Senior Technical Analyst at LKP Securities, said the Doji candle signalled indecision in the market. "The overall structure will be positive as long as the index holds the said level with an upside hurdle in the 16,320-16,400 zone," he said.

Mazhar Mohammad of Chartviewindia.in said the market appears to be in a rangebound move as Nifty keeps faltering at the 15,900 level.