Page 8 - Indian Equity Markets

Jigar S Patel of Anand Rathi suggests buying these three stocks today

Recently, Allcargo Logistics has formed a bullish Bat pattern, which is a harmonic chart pattern known for indicating potential reversals.

Dr Reddy's declines 3% after China's regulator bans import of ADHD drug

Atomoxetine is used for treating attention deficit hyperactivity disorder (ADHD) in adults and children over six years.

Weekly Outlook: Nifty eyes 25,550; but this chart pattern can derail rally

Market outlook for Sept 02 - 07, 2024: The Nifty seems favourably placed on the short-term chart; but formation of 'Hanging Man' pattern on the monthly chart may be a reason to worry going ahead.

ITI bags EVM order from West Bengal State Election Commission; stock up 5%

Under the terms of order, ITI will be responsible for the supply of 500 sets of Electronic Voting Machines, the company said.

Nandish Shah of HDFC Securities recommends Bull Spread on Nifty; details

Buy Nifty (September 5 Expiry) 25,200 Call at Rs 140 & simultaneously sell 25,500 Call at Rs 30.

Lemon Tree Hotels share price up 4% on signing new property in Ujjain

The rise in Lemon Tree Hotels share price came after the company announced that it has signed a new property in Ujjain, Madhya Pradesh.

P&G Hygiene and Health down 4% on weak June qtr; Rs 95-dividend announced

The fall in Procter & Gamble Hygiene and Health stock came after the company announced a weak set of financial results for the fiscal and quarter ended June 30, 2024.

JSW Energy arm bags additional 400 MW hybrid power project; stock gains 2%

At 10:02 AM, shares of JSW Energy were off highs and were trading 0.65 per cent lower at Rs 731.70 per share. In comparison, BSE Sensex was trading 0.24 per cent higher at 81,978.28 levels.

KEC International stock price jumps 7% on Rs 1,171-crore order win; details

The surge in KEC International stock price came after the company announced that it has secured new transmission and distribution (T&D) orders worth Rs 1,171 crore in the Middle East.

Borosil Renewables, Laxmi Organics among top picks by Anand Rathi for today

Borosil Renewables has recently experienced a significant price decline after reaching its peak near Rs 573, losing around 87 points, which translates to a 15 per cent drop.

Rolex Rings stock price extends rally post block deal, hits all-time high

On Tuesday, August 28, the stock gained 2.21 per cent in intraday deals on BSE.

Here's why PNC Infratech stock price gained 3% on August 28; details here

The PNC Infratech stock soared after the company announced that it has emerged as the lowest bidder (L-1) for a project worth Rs 380 crore.

Stocks To Watch Today, Aug 28: SBI Cards, Wipro, Vi, Jio Fin, Orient Tech

At 6:52 AM, GIFT Nifty Futures fell 10 points, trading at 25,008, indicating a flat to negative start for Indian markets.

RVNL secures Rs 111-crore project from Southern Railway; shares gain 2%

The uptick in the RVNL share price rose after the company said that it has emerged as the lowest bidder (L-1) for a project worth Rs 1,11,38,95,411.60 ( approximately Rs 111.39 crore)

JM Financial says 'Buy' PCBL for 27% upside, lifts target price; details

On the bourses, the PCBL shares were trading 1.68 per cent lower at Rs 475.45 per share, at 10:40 AM. In comparison, BSE Sensex was trading with slight (0.05 per cent) gains at 81,742.85 levels.

CLSA raises DMart target price, sees 14% upside, says report; stock gains

The uptick in share price came after reports indicated that Hong Kong-based international brokerage CLSA has increased DMart's target price.

Nifty PSU Bank may outperform in near-term; buy on dips strategy advised

The best trading strategy for the Nifty PSU Banks Index would be to adopt a "buy on dips" approach.

YES Securities initiates 'Sell' on Relaxo Footwear amid rich valuations

In the past two trading sessions, on the bourses, the stock has dropped about 3%. Today (August 26), the stock has fallen as much as 1.87% to hit an intraday low of Rs 794.80 per share.

BHEL stock up 3% on multiple order wins of Rs 11,000 cr; more details here

The shares of BHEL rallied after the company announced that it has secured multiple orders worth over Rs 11,000 crore from Adani Power and its subsidiary Mahan Energen Limited.

JSW Energy arm gets contract for 250 MW wind power project; stock gains 2%

The surge in the JSW Energy share price came after the company announced that its arm, JSW Neo Energy has bagged a Letter of Award (LoA) for a project from Adani Electricity.