Markets extended their recovery for the third consecutive session on Wednesday, supported by stable global cues, although volatility persisted. Nifty is gradually inching higher and has tested the immediate resistance zone of 23,800-24,000. Analysts say sustaining above this band will be crucial for further recovery towards 24,400 level. On the downside, immediate support has shifted…
Apparel manufacturer Gokaldas Exports witnessed a bulk deal on Wednesday where French multinational bank Societe Generale bought over 5 lakh shares worth Rs 41 crore even as the stock remains in top focus on the D-Street following the US-India trade deal where the company is seen as a big beneficiary. Societe Generale bought these shares…
Shares of Manappuram Finance and Muthoot Finance surged up to 7% on Wednesday, scaling fresh all-time highs on the BSE as domestic and global gold prices touched new records, reinforcing investor appetite for gold-backed lenders. Manappuram Finance jumped as much as 6.8% to a 52-week high of Rs 314.70, while Muthoot Finance rose 2.1% to…
Stop Loss: Rs 1,140 Target at Rs 1,400-1,440MAXHEALTH has recently broken out of an Inverted Head and Shoulders pattern on the weekly chart, signaling the possibility of a strong bullish reversal. The breakout has been supported by significant volume, enhancing the credibility of the move. A decisive close above Rs 1240, backed by strong participation,…