These smallcap and midcap stocks staged a smart recovery from days low!
These smallcap and midcap stocks staged a smart recovery from days low!

These smallcap and midcap stocks staged a smart recovery from days low!

Recovery from the lower levels indicates that the market participants actively participated in these stocks at the lower levels.

Rohit Kale Article rating: 3.6

Recovery from the lower levels indicates that the market participants actively participated in these stocks at the lower levels.

Nifty cracks in the last half an hour or so!
Nifty cracks in the last half an hour or so!

Nifty cracks in the last half an hour or so!

In the last half an hour or so, Nifty witnessed a sharp sell-off. As a result, it slipped nearly 180 points from the day’s high.   

Rohit Kale Article rating: 5.0

Infosys and Reliance Industries were the key draggers of the index as they have combinedly contributed as much as 63 points to Nifty’s fall.   

 

Overnight Digest: These small caps will be in focus on Thursday
Overnight Digest: These small caps will be in focus on Thursday

Overnight Digest: These small caps will be in focus on Thursday

Marshall Machines, Elgi Equipments, Kabra Extrusion Technik, SBC Exports, Sharda Motor Industries and Onward Technologies made a fresh 52-week high today.

Armaan Madhani Article rating: 4.6

On Wednesday, at 2:40 PM headline indices Nifty and Sensex are trading flat marginally down by 0.02 per cent and 0.09 per cent respectively. Nifty Bank index is outperforming broader markets by trading with gains of more than 0.80 per cent. BSE Small-cap index is also up by 0.86 per cent i.e. 245.44 points.  

Multibagger stock update: Laurus Lab zooms by 4 per cent, trades above Rs 500 for the first time since November 9!
Multibagger stock update: Laurus Lab zooms by 4 per cent, trades above Rs 500 for the first time since November 9!

Multibagger stock update: Laurus Lab zooms by 4 per cent, trades above Rs 500 for the first time since November 9!

Yogesh Supekar Article rating: 4.2

The shares of Laurus Lab are seen trading comfortably above Rs 500 per share from the first time since November 9. This augurs well for the bulls as the psychological level of Rs 500 can be considered important for Laurus Lab.

L&T and Tamil Nadu Government sign MoU to build a data centre in Kanchipuram
L&T and Tamil Nadu Government sign MoU to build a data centre in Kanchipuram

L&T and Tamil Nadu Government sign MoU to build a data centre in Kanchipuram

Will establish 90 MW capacity data centres and associated units in a phased manner over five years.

Anthony Fernandes Article rating: 5.0

Leading Indian multinational conglomerate, Larsen & Toubro Limited (L&T) announced on Wednesday that it signed an MoU with the Government of Tamil Nadu to establish a data centre at Kanchipuram, Tamil Nadu. 

JSW Steel acquires a port and maritime services company via its subsidiary
JSW Steel acquires a port and maritime services company via its subsidiary

JSW Steel acquires a port and maritime services company via its subsidiary

The acquisition was done by Piombino Steel Ltd (PSL), a subsidiary of JSW steel, from Magnificient Merchandise and Advisory services Pvt Ltd, a wholly-owned company of JSW Steel’s promoter group individual.

Shruti Dahiwal Article rating: 3.4

Post the acquisition, WWMASPL is now a wholly-owned subsidiary of PSL and a step-down subsidiary of JSW Steel.  

Five stocks witnessing short covering
Five stocks witnessing short covering

Five stocks witnessing short covering

Short covering refers to buying back borrowed securities in order to close out an open short position at a profit or loss.

Avalokita Pandey Article rating: 3.8

List of the stocks where sell positions are being covered in the F&O segment.

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