News for Supreme Petrochem Limited (SUPPETRO.NS)

Buzzing stocks, stocks to watch: Indian Bank, TVS Motor, Bajaj Healthcare, Ravindra Energy, BPCL, AIA Engineering, IREDA, AstraZeneca, MobiKwik, HFCL, PFC, PowerGrid, Mastek, Satin Creditcare, IRCTC

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.

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.

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.

Nifty futures on the NSE International Exchange traded 38.50 points, or 0.18 per cent, lower at 21,411, hinting at a negative start for the domestic market on Thursday.

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.

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.

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.

SBI LIfe, TMB, Tata Chem, Dabur, Zee Entertainment, Tata Steel, Tata Power, CSB Bank, Hero MotoCorp, REC, Zydus Life, Aditya BIrla MF, PC Jeweller, Anupam Rasayan, V-Guard

The Nifty remains in a short-term uptrend. For the uptrend to continue, the index has to hold above the immediate supports of 17,607-17,503

/PRNewswire/ -- The insulation market is expected to record a valuation of USD 95 billion by 2030, according to the latest research analysis by Global Market...

Indian benchmark indices extended losses on Tuesday, tracking subdued sentiment overseas. The BSE Sensex fell 700 points, while the NSE Nifty 50 slipped below 16,400. Sectorally, consumer durables, financials, auto, realty, and banks led losses on the Nifty, down up to 2 per cent.

Indian benchmark indices were trading with gains on Friday, tracking upbeat cues from overseas. The BSE Sensex was up around 300 points at 54,530, and the NSE Nifty was 100 points higher at 16,250. The broader markets were outperforming the benchmarks.

Amid the volatility in stock markets, 64 stocks on the BSE were at fresh 52-week highs while 56 stocks registered fresh lows.