Demium Research’s Post

📊 Post Market Update: 18th October 2024📊 Nifty 50 24,854 🔼 0.42% Sensex 81,224 🔼 0.39% Nifty Midcap 150 21,755 🔼 0.17% Nifty Smallcap 250 18,236 🔻 0.04% 📊 Market Volatility India VIX closed at 13.04 🔻 0.35 Put Call Ratio of Nifty 50 (expiry: 24th Oct) is 0.76 Sectoral Highlights 📈 Nifty Private Bank 🔼 1.90% 📈 Nifty Metal 🔼 1.57% 📉 Nifty IT 🔻 1.7% 📈 Top Gainers Motilal Oswal Financial Services Ltd ₹1,029.70 🔼 10.79% Aditya Birla Real Estate ₹3,052.80 🔼 6.89% 📉 Top Losers Manappuram Finance Ltd ₹153.27🔻13.57% Elecon Engineering Company Ltd ₹527.20🔻13.17% 📰 In the News Zomato's board will consider a qualified institutional placement (QIP) fundraise and approve quarterly financials on October 22. The stock dropped 5.7% and closed at -4.84%. 🔹Ajmera Realty & Infra India's board approved the allotment of 31.64 lakh shares with a face value of ₹10 per share to allottees on a preferential basis, raising ₹225 crore. The stock surged 8.7% and closed at +7.96%. 🔹Granules India received FDA approval for generic Bupropion Hydrochloride Extended-Release Tablets used for antidepressant medication. The stock rose 1.3% post-announcement and closed at +0.47%.
 🔹Mazagon Doc will consider a stock split and interim dividend in its board meeting on October 22. The stock surged 9.8% following the announcement and closed at +6.81%.

#MuhuratTrading | Here's a look at the stocks that Anand Rathi recommends for the #Samvat2081 #CNBCTV18Market #StockMarket #stockmarketindia #StocksToTrade #StocksInFocus #StocksToFocus #DiwaliPicks

Power Sector Stock Basket: Technical Outlook 1) Adani Power: Target : 679 - 721. Reversal : 580 - Adani power has been in the correction phase for the past four months & has fallen 32% from the highs of 896 - Stock has now reached its long term support zone 620 - 600 from where again it is witnessing buying interest - In terms of pattern last week it formed a hammer pattern on the weekly charts and the weekly momentum indicator has reached the equilibrium line suggesting that the consolidation is complete - We expect the stock to retrace the recent decline and target levels of 679 - 721 which are 23.6% and 38.2% fibonacci retracement levels. 2) RPower: Target : 53 - 64. Reversal : 36 - RPower has broken out of an ascending triangle pattern on the weekly charts - The stock is currently in a pullback mode after witnessing a sharp surge and hence is providing a good entry point - The breakout has come after a nine month consolidation and hence a strong base is in place and any minor degree corrections should be used as a buying opportunity - On the upside we expect the stock to retest its previous swing high of 53 with a potential to rise towards 64. 3) JP Power: Target: 29 - 36. Reversal: 17 - JP Power was in a consolidation mode since the last nine months and now has broken out of that consolidation on the upside - The weekly momentum indicator has triggered a positive crossover from the equilibrium line which is a bullish sign - The breakout has been accompanied with above average volume suggesting a genuine breakout and also indicates a renewed buying interest among the stock - We believe that the stock can retest the breakout and thereafter resume its upmove and its dip should be used as a buying opportunity. 4) NLC India: Target : 296 - 311. Reversal: 243 - NLC India has been consolidating in a range since the past three months - The consolidation has taken from a contracting triangle pattern and currently is in the final leg of that pattern - It is trading near the lower end of the range and hence providing a good entry point at current levels - We expect the stock to resume it upmove and test the upper end of the range towards 296 and breakout toward 311 which is in previous all time high. (This is only an analysis from the educational point of view. This is not a stock advisory. Please do your own assessment before deciding on anything) #teachingtrading #investing #algotrading

SJVN stock surges 5% following PSU agreement with Maharashtra government The multibagger stock increased by 5.71 per cent to ₹133.20 in today's session on the BSE. The company's market capitalization is ₹52,266 crore. On the BSE, 21.35 lakh shares were traded, resulting in a turnover of ₹27.89 crore. Get more insights, Subscribe to get the latest industry updates Join us at demiumresearch.com or call 7030916583 or 7030916716 today. Let's make your money work smart. | Have you invested SJVN Ltd shares? . . . .. . #sjvn #stockmarketindia #stockmarket #investment #stockmarketindia #BSE #stocks #recommendations #nseindia #stockupdate #nse #stockmarketindia #stockmarketmeme #dalalstreet #trader #investor #sharebazaar #sharemarket #insidertrading #trading #sharemarketindia

The Nifty 50 Index is a broad-based index consisting of 50 blue chip stocks traded on India’s National Stock Exchange (NSE). The Index has gained immense popularity among domestic and international investors who rely on it to track the performance of the Indian equity market. As of March 2024, the Index represents approximately 56% of the free float market capitalization of listed stocks on the NSE. The Nifty 50 started in November 1995 with a base value of 1,000 and touched 23,000 on 24 May 2024, taking 28 years, 6 months, and 21 days. Reliance Industries has emerged as the top positive contributor throughout this period, while Yes Bank has been the leading negative contributor. The overall journey of Nifty 50 index from 1,000 to 23,000 has been eventful, navigating through the periods of economic growth and downturn. It has created tremendous value for investors over the years.

Stock #market #opened with gains, #rise in #realty stocks, #decline here – #Top #News #Bulletin Indian The #stock market opened with #gains today on Thursday. In early trade, Bombay Stock Exchange index Sensex was seen trading at 81,669 with a gain of 0.26 percent or 219 points. Out of 30 Sensex shares, 25 shares were on green mark and 5 shares were on red mark. At the same time, the National Stock Exchange index Nifty was seen trading at 25,064 with a gain of 0.33 percent or 82 https://lnkd.in/dJPZZy3T #bankingshare #itshares #sharemarketnews #StockMarketNews #stockmarkettoday

June Series Rollover Nifty rollover for the month of June came in at 76.25% which was greater than the previous three month average while the Banknifty rollover was 70% which was less than the three month average. 84% of stock futures saw positive closing in June expiry compared to 49% last month. Highest rolls were seen in BIOCON, CROMPTON, ABBOTIND ,BAJFINANCE and IDEA. Highest rollover was seen in Realty, Capital Goods and Consumer Durables with positive bias hinting at more upsides in July. Metal and Pharma saw Short buildup hinting at further decline in coming month. Nifty ended on a positive note in June series. Banks and IT Stocks contributed highest to Nifty's gain followed by Oil&gas, Auto and cement. The sector which dragged the Nifty is Infra. The Realty index gained around 10.33% in the month of June followed by IT and Bank with an increase of 10.11% and 8.4% respectively.

#MarketsWithBS | Here is the complete list of stocks that will turn ex-dividend tomorrow, tomorrow, Thursday, November 14, 2024, along with key details Kumar Gaurav #markets #sharemarket #stockmarket #sharemarketindia https://mybs.in/2daTL8l

Stock Market: Stock market fell again in early trading, Sensex opened with a fall of 131 points on Dhanteras. #bse #dhanteras #DhanterasTrading #diwali #Early #Fall #fell #market #Nifty #nse #opened #points #sensex #stock #stockmarket #trading

Stock Market: Stock market recovered from initial weakness, Sensex closed up by 15 points #bse #Closed #DomesticStockMarket #Initial #market #Nifty #nse #points #recovered #sensex #stock #stockmarket #weakness