At multi-year highs: These 3 stocks witness 5-year swing high breakout
In the NSE large-cap pack, we have collated a list of three stocks that witnessed a 5-year swing high at the close on July 11.
In the NSE large-cap pack, we have collated a list of three stocks that witnessed a 5-year swing high at the close on July 11.
ITR filing deadline extension: The due date to file income tax return by a salaried individual is July 31, 2024 for FY 2023-24 (AY 2024-25). However, in reality salaried taxpayers get only 45 days to file their income tax return. Here are some reasons and why there is a need for permanent ITR filing deadline extension.
Effwa Infra and Research's shares debuted on the NSE SME platform with a 90% premium on Friday, opening at Rs 155.8 compared to an issue price of Rs 82. Prior to listing, the company's shares traded at a premium of Rs 74. The IPO, consisting of a fresh equity sale of Rs 43 crore and an Offer for Sale (OFS) of Rs 7.68 crore, garnered strong investor interest, oversubscribing by over 200 times at close.
On July 11, the closing prices of three stocks from the Nifty500 pack rallied over 1.5% relative to the VWAP, and a shift above the VWAP suggests a potential bullish trend.
On the technical charts, the 200-day moving average of the stock stood at Rs 2288.48.
My sense is that ultimately the 10-year, even by the end of next year, goes till say about 3.5%, that is an attractive number for US investors, but that is not attractive enough for them to really open the floodgates investing into emerging markets.
President Joe Biden has defended his candidacy amid a crisis of confidence, despite calls from Democrats to end his campaign. Biden vowed to stay in the presidential race and dismissed polling showing him losing to Trump. He acknowledged that the schedule of the presidency had become challenging and blamed his staff for the packed days.
The price of robusta beans has risen 63% this year, peaking on Tuesday at $4,667 a metric ton on the London-based ICE Futures Europe market.
Ganesh Green Bharat's shares debuted on the NSE SME platform with a 90% premium on Friday, opening at Rs 361 against an issue price of Rs 190. Prior to listing, the company's shares traded at a premium of Rs 170. The IPO, consisting entirely of fresh equity of 65.91 lakh shares, saw exceptional investor interest, oversubscribing 200 times by closing.
India's population is projected to peak in the early 2060s at around 1.7 billion, then decline by 12 per cent, remaining the world's most populous country throughout the century, as per the United Nations. The global population is expected to reach around 10.3 billion by the mid-2080s, with India surpassing China as the most populous nation and projected to decline to 1.5 billion by 2100.
KoBold is pumping $2.3 billion into its first mine and is negotiating tricky partnerships with contractors and governments alike. It is relying on the U.S. government to finance a new railway to export the copper.
A total of 637,924 shares changed hands on the counter till 10:00AM (IST).
Hindustan Copper Ltd's stock has shown impressive growth, doubling investors' money in the last year. Experts suggest a bullish trend with targets of Rs 390-410. After a consolidation phase, the stock is showing signs of a potential rally. Traders advised to consider buying near Rs 340-330 levels.
The January-March data in the US disappointed. That is looking like an anomaly based on the last two months' data. It is giving more leeway to the markets. Ajay Bagga sats there will be a sectoral rotation away from the magnificent seven, from the growth stocks today. We are seeing the midcaps, smallcaps going up nearly 3%. The Russell 2000 index is up 3%.
On July 11, the closing prices of three stocks from Nifty500 pack dropped by more than 1.5% relative to the VWAP, and a shift below the VWAP suggests a potential bearish trend
Revolutionary trials of a four-day working week show mixed results, sparking a debate. While some companies report increased productivity and savings, others struggle with physical demands and logistics. Is this the future of work or a risky experiment? The battle between long hours and employee well-being continues to unfold.
On July 11, four stocks from the Nifty500 pack came to the bullish scanner of "White Marubozu", according to stockedge.com's technical scan data.
The two buses carrying 65 passengers went missing in the Trishuli River in the landslides at Simaltal area along the Narayanghat-Mugling road in Chitwan district, myRepublica news portal reported quoting officials. Chief District Officer of Chitwan, Indradev Yadav, confirmed the incident. According to Yadav, the Kathmandu-bound Angel bus and Ganpati Deluxe, en route to Gaur from the Capital, met with the accident at around 3:30 am.
On July 11, 5 stocks from the Nifty200 pack appeared in the RSI Trending Up scan, according to the stockedge.com data.
South Korea is set to deploy laser weapons to combat North Korean drones, costing $1.45 per shot and developed by Hanwha Aerospace. The weapons have a 100 per cent successful shoot-down rate in tests and potential future capabilities to counter aircraft and missiles. Some analysts caution on practical use and operational range. Tensions remain high between the two Koreas, with South Korea suspending military deals and resuming drills amid while North Korean has increased its weapons testing.
Colombia coach Nestor Lorenzo put his faith in James Rodriguez and he has rewarded that faith by reemerging as, arguably, the best player at the Copa America, establishing himself as the main focus of a team that will play defending champion Argentina at Miami Gardens, Florida, in the championship final match.
Japan's defence ministry has emphasized the importance of countering regional threats, including China's military clout and North Korea's nuclear-armed status. The ministry's annual white paper outlined its stance on issues such as Taiwan tensions and the intensifying rivalry between China and the US. The ministry highlighted that China's military ambitions are the greatest strategic challenge to Japan and the world.
Shares of TCS surged 2.5% to Rs 4,020 in early NSE trading after reporting higher-than-expected earnings for the June quarter. Jefferies upgraded TCS and raised its price target, while CLSA and JPMorgan maintained ratings with higher targets. Domestic analyst Nuvama also increased its target price.
As of July 11, there was a notable surge in futures open interest for five stocks in the NSE F&O pack, contributing to a total increase in open interest of over 7% as compared to the previous trade.
Amazon's focus on electric vehicles and industry partnerships highlights the complexity of transitioning to a sustainable future.