Jio Financial Services (JFS) to be removed from NSE Indices; Power Grid Corp. wins bid for Inter-State Transmission System; Zambia to return control of Konkola Copper Mines to Vedanta; IREDA signs MoUs with UBI & BOB to co-finance RE projects; HDFC AMC's Amaresh Jena resigns; Artson Engg. bags Rs. 25.19 cr. order from Tata Projects; NBCC signs MoU with KSHB; Syrma SGS completes acquisition of 51% stake in JDHL; Tata Motors & TPREL sign PPA for 12MWp solar project; Nila Infra. gets Rs. 101.64 cr. project from AMC; Vikas Ecotech repays Rs. 5 cr. to bankers; Innokaiz India signs MOU with Luczotiq.
Reliance Power shares jumped 5.03 per cent to Rs 16.70. A total of 7,07,73,373 Reliance Power shares worth Rs 116 crore changed hands on the counter by 10 am
The Indian bioplastic for packaging is expected to expand at a CAGR of 10.9% during the forecast period. Europe is projected to hold a sizeable market...
Based on the OI percentage, 60 stocks were on the short-covering list. These included Oracle Financial, GNFC, Syngene International, Aarti Industries, and Pidilite Industries.
Currently, the index is close to the 61.8 percent Fibonacci retracement level (15,671-18,114), and the 16,600 level would be critical. A break below 16,600 can drag the index lower towards 16,450 followed by 16,200 levels, says Malay Thakkar, Technical Research Associate at GEPL Capital.
These 25 stocks have rallied between 100-160 per cent since January 1, 2022, suggests data available with ACE Equity. Ten other names have rallied more than 90 per cent during the period under review. This is at a time when the recent selloff has shaved off gains for BSE Sensex and NSE Nifty, with both turning flat on a year-to-date (YTD) basis.