Top Electric Vehicle Stocks to Watch for in Budget 2024
Top Electric Vehicle Stocks to Watch for in Budget 2024
Investors are keeping a close eye on several EV stocks that could witness significant upside movement in the wake of a positive budget announcement.
he industry, already on a high-growth trajectory, is hoping for a shot in the arm from the government in the form of policy incentives and financial support.
Top Infrastructure Stocks to Watch for in Budget 2024
Top 5 Infrastructure Stocks - Technical Overview
With the interim budget of 2024 looming on the horizon, the spotlight is firmly fixed on infrastructure stocks.
A solid positive breakout is seen in these stocks; do you hold them?
Most sectors closed higher, with BSE Power gaining 1.41 per cent, auto up 0.64 per cent, IT stocks rising 0.52 per cent, and BSE Teck stocks seeing gains of 0.52 per cent.
Indian equity markets rose by 0.14 per cent on Wednesday, the Nifty 50 and BSE Sensex closed at 19,811 and 66,023 respectively. Mid-caps gained 0.15 per cent, while small-caps dipped 0.22 per cent. The 50 stocks were advancing against every 67 declining stocks on Wednesday.
Banks The Road Ahead
Q2FY24 Financial Performance: Banking Sector
The Q2FY24 performance of Indian Inc. presented a mixed picture, even though it leaned towards positive results.
NIFTY Index Chart Analysis
IS THE RALLY FOR REAL?
The domestic equity markets have rallied for the third straight week. In the process, Nifty has erased five weeks of losses in just three weeks, which is just 60 per cent of the time (near Fibonacci number 61.8 per cent).
NIFTY Index Chart Analysis
Volatility Rules The Roost
The NSE benchmark Nifty 50 is still directionless though it made a futile effort to break the budget day range.
This stock broke out from a falling wedge pattern with a 5843 per cent surge in volume; do you own it?
This petrochemical company breaks out of its falling wedge pattern on daily charts with a massive 5843 per cent increase in volume. Continue reading to learn more about this stock.
Are you looking for a powerful stock to trade? Check out this article that discusses about the stock that broke out from a falling wedge pattern with volume spike of over 5800 per cent.
Technical view: What should traders do with JK Paper?
On YTD basis, the stock has generated nearly 120 per cent returns to its shareholders and is among the best performing stocks of 2022.
JK Paper (NSE Code: JKPAPER) is the leading paper producer of office papers, coated papers and packaging boards. The company has a robust distribution network and aims to reduce the turnaround time in servicing customers.
A powerful positive breakout is seen in these stocks; do you hold them?
Nifty 50 opened flat with an upward bias on favourable global trends. In this post, we have highlighted the list of powerful stocks that are experiencing a strong positive breakout.
Nifty 50 opened flat with an upward bias on favourable global trends. In this post, we have highlighted the list of powerful stocks that are experiencing a strong positive breakout.
NIFTY Index Chart Analysis
INDIAN MARKETS SET FOR A BULLISH PHASE
Despite several warnings about recession and further rate hikes, the Indian benchmark index has registered a fresh breakout during this week.
Multibagger HSCL jumps 10 per cent; registers multi-year breakout!
The relative price strength (RS) rating is as high as 87, showing outperformance compared to the broader market. In short, the stock is in a strong bull trend.
In the last financial year, the company reduced its debt from Rs 583 crore to Rs 315 crore; so, the net debt reduction is about Rs 268 crore. The debt-to-equity stands at 0.17x.
This single-digit PE and attractive-dividend yield power stock is on the verge of a multi-month breakout!
Sustaining above the levels of Rs 101-Rs 103 would result in the breakout.
Interestingly, the stock, in the first hour of the trading itself, has witnessed a huge surge in the volume as it managed to cross a volume of 25 lakh shares.