“After reaching its 52-week high of 190 in January 2024, the stock experienced heavy profit booking and fell below its 200-day exponential moving average on the daily timeframe. Traders can buy for a target of Rs 195 in the next 6-7 weeks,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.
Skip to content When entering the world of trading, one term you’re likely to encounter is “derivative.” But what is a derivative, and why is it important for traders to understand? Simply put, a derivative is a financial contract whose value is derived from an underlying asset, such as stocks, bonds, commodities, or even interest…
December 19, 2025December 19, 2025 Shares of Aarti Industries Ltd ended 1.5% higher on 19th December after the company said it had signed multiple long-term supply contracts for key raw materials, methanol and toluene, strengthening feedstock security for its speciality chemicals business. In an exchange filing, Aarti Industries said…
DISCLAIMER: Trading in the Foreign Exchange market involves a significant and substantial risk of loss and may not be suitable for everyone. You should carefully consider whether trading is suitable for you in light of your age, income, personal circumstances, trading knowledge, and financial resources. Only true discretionary income should be used for trading in…
The government may consider selling a stake in IDBI Bank through the Offer-for-Sale (OFS) route to increase public shareholding, after the unsuccessful attempt to divest stake in the LIC-controlled lender, sources said. Currently, the public float in IDBI Bank is only 5.29 per cent, limiting the scope of fair valuation. The remaining shares are with…
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By Ankur Banerjee SINGAPORE (Reuters) -Asian shares gained on Thursday on rising expectations the U.S. Federal Reserve will likely cut interest rates in September, while the euro firmed ahead of the European Central Bank policy meeting where a rate cut is widely expected. The shifting Fed expectations lifted oil prices and dragged Treasury yields to…