The Sensex and Nifty50 finished higher on Monday halting a four-day losing trend. The Midcap 100 and Smallcap 100 closed 2.7% and 3.8% higher, respectively, reflecting the gains in the main indices. These 10 stocks are near their 52-week highs: ✅Captain Pipes ✅SVP Housing ✅Droneacharya ✅Pngs Gargi ✅Advance Petrochemicals ✅Indian Link Chain ✅United Leasing ✅Narayani Steels ✅Ro Jewels ✅Usha Martin
Open FlipThe interest rates on the "Baroda Tiranga Deposit Scheme," a limited-duration term deposit available in two tenor buckets of 444 days and 555 days, have just been enhanced by the Bank of Baroda. The Baroda Tiranga plan presently provides depositors with an interest rate of up to 7.50% p.a. Savers who want to lock in this higher rate must act quickly because the scheme expires on December 31, 2022.
Open Flip🔔The Indian stock market ended the day in the green on Monday after bleeding heavily on Friday, snapping its four days losing streak. 📢Vaishali Parekh, VP of Technical Research at Prabhudas Lilladher is of the view that the next crucial zone for the Nifty 50 index on the upside is near the 18200-18250 levels. 🔎On that note, she recommends buying Bank of Baroda and Hindalco Industries today.
Open FlipThe current value of the Fear and Greed Index is 27, which depicts fear. Yesterday, the value stood at 28, which also falls under the fear zone. The present crypto market cap is at $814 Billion, with a 24-h trading volume of $22 billion. The overall market is in green today.
Open FlipIndian indices opened on a positive note today. While the Sensex surged 250 points at 60815, Nifty also followed the trail by jumping 76 points to reach 18091. The Nifty50 could encounter some resistance near the 18200 level while support can be found between 17950 and 17700. Check out these 4 stocks for the short term: ✅Bharti Airtel ✅Godrej Consumer Products ✅Bajaj Auto ✅Dr. Reddy Laboratories
Open FlipOn Tuesday, the prices of gold ticked up in early Asian hours backed by a softer dollar, although trading was thin after the long Christmas weekend. Spot gold was trading higher by 0.3% to $1,802.63 per ounce as of 0021 GMT. U.S. gold futures surged 0.3% to $1,810.00. The dollar index plunged by 0.1%, making bullion less expensive for overseas buyers.
Open Flip📌Mahindra CIE: Motilal Oswal retains its buy tag on Mahindra CIE for a target of Rs 360. 📌Equitas Small Finance Bank: Equirus Small Finance Bank retains its long rating on Equitas Small Finance Bank with a target price of Rs 80. 📌Gujarat Fluorochemicals: ICICI Securities suggest a buy on Gujarat Fluorochemicals with a target price of Rs 4270.
Open FlipTCS is the perfect example of how the issuance of bonus shares can change the fortunes of a long-term investor. In the last 18 years, this Tata Group stock has declared 1:1 ratio bonus shares on three occasions. This means, if an investor had invested ₹1 lakh in this stock 18 years ago, its ₹1 lakh would have turned to ₹2.20 cr today due to the 1:1 bonus share issues.
Open FlipAfter a 56% decline in 2021, this year has been remarkable for Narayani Steels. The company's shares zoomed over 580% in 2022. The shares will be in focus today and tomorrow as promoter Aditya Agarwal has proposed to sell 5.44 lakh equity shares, defining 4.99% of his holding, through an offer-for-sale. The floor price for the sale has been fixed at Rs 75 per share.
Open FlipPolymer manufacturer Sah Polymers' initial public offering (IPO) will launch subscription this week on Friday, December 30, 2022, and conclude on January 4, 2023. The form has set a price band of ₹61 to ₹65 per share for its public issue. According to the market observers, the shares of Sah Polymers are available at a premium of ₹5 in the grey market today.
Open FlipOn December 26, Indian equity market closed higher with Nifty reclaiming the 18,000 mark. List of the stocks that ended close to their 52-week low on Monday: 🔽 Natco Pharma Ltd 🔽 Aurobindo Pharma Ltd 🔽 SIS Ltd 🔽 DCM Shriram Ltd 🔽 Voltas Limited 🔽 CE Info Systems Ltd 🔽 Clean Science and Technology Ltd 🔽 KPR Mill Ltd 🔽 Rossari Biotech Ltd 🔽 Sterling and Wilson Renewable Energy Ltd
Open FlipOn Tuesday, the Asian share market surged after China eased its quarantine requirements for inbound visitors. By Tuesday morning in Hong Kong, MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.5%. China's bluechip was up 0.6% and Japan's Nikkei stock index surged 0.43%. While, U.S. stock futures, the S&P 500 e-minis, also climbed 0.61%.
Open FlipList of stocks that ended close to their 52-week high in the previous session: 🔼 Captain Pipes Ltd 🔼 SVP Housing Ltd 🔼 Droneacharya Aerial Innovations Ltd 🔼 Pngs Gargi Fashion Jewellery Ltd 🔼 Advance Petrochemicals Ltd 🔼 Indian Link Chain Manufacturers Ltd 🔼 United Leasing Industries Ltd 🔼 Narayani Steels Ltd 🔼 Ro Jewels Ltd 🔼 Usha Martin Limited
Open Flip📢 Amid positive global cues, benchmark indices STARTED on a positive note on December 27. 📊 At 09:16 IST, the Sensex was up 249.46 points or 0.41% at 60815.88, and the Nifty was up 76.70 points or 0.43% at 18091.30. 👉 ONGC (🔼1.63%), Tata Motors (🔼1.39%) and Hindalco (🔼1.39%) appeared as the top performers on the Nifty50 at open.
Open FlipIn 2022, Nifty almost reached 19,000 levels at 18,887 levels, up by 3.37% from last year. Sensex touched a new record high of 63579.96 level, up by 3.77% from the last year. Nifty will touch 22000 to 23000 levels and Sensex may test 68000 to 70000 levels in the coming year due to positive economic activity, lower inflation, political stability and recovery in the global market.
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