News for Supreme Petrochem Limited (SUPPETRO.BO)

Stocks including Reliance Industries, Infosys, LTIMindtree, TCS, Axis Bank, BPCL, Havells, PFC, Mastek, TVS Motor, Mobikwik and more will be in the spotlight on Friday, January 17.

Stocks including HDFC Bank, Ultratech, Kotak Mahindra Bank, Wipro, TechM, JSW Steel, RBL Bank, Tata Consumer, Godrej Properties, GRSE and more will be the spotlight on Monday, October 21.

Wall Street on Thursday saw a stark divergence from the previous day as smaller and previously neglected market sectors surged, contrasting with declines among Big Tech giants.

Nifty concluded Monday's session on a neutral note, forming a Doji pattern on the daily charts. This indicates hesitation among investors, with neither bulls nor bears gaining a clear advantage. Despite this pause, the short-term trend remains positive.

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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.

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KR Choksey recommended hold rating on Supreme Petrochem with a target price of Rs 592 in its research report dated January 29, 2024.

A short build-up was seen in 55 stocks including LTIMindtree, HDFC Bank, ICICI Prudential Life Insurance Company, Max Financial Services Company, and IndiaMART InterMESH.

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.

The share touched a 52-week high of Rs 276.50 and a 52-week low of Rs 182.45 on 08 September, 2023 and 28 March, 2023, respectively.

Analysts say the railway sector is on a secular growth trajectory driven by a cyclical upturn in spending on rolling stock and greater government thrust on expanding the railway network

The 30-share BSE Sensex pack dived 928 points or 1.53 per cent to settle at 59,745; while the broader NSE Nifty index moved 272 points or 1.53 per cent down to close at 17,554. Mid and smallcap shares finished on a weak note, with the Nifty Midcap 100 down 1.13 per cent and Nifty Smallcap 100 moving 1.14 per cent lower.

The companys board meeting will be convened to consider and revise the remuneration payable to Sunay Krishna Khaitan, wholetime director of the company within the limit approved by the shareholders in the AGM.

Supreme Petrochem will go ex-stock split today. For Jagran Prakashan, today is the record date for determining the buyback entitlement and the names of the eligible shareholders

Stocks to Watch: Check out the companies making headlines before the opening bell.

Based on the open interest future percentage, there were 151 stocks, in which short-covering was seen including Nifty Financial, Alkem Laboratories, Aarti Industries, Power Finance Corporation, and Power Grid Corporation of India.