Page 2 - Caplin Point News Today

India Business News: At the height of the civil war in Angola in 2000, C C Paarthipan flew there on a business mission.

 Alkem recalled 99,516 sachets of antibiotic used to treat bladder infections and Caplin recalled 19,820 vials of heart medication according to US FDA Enforcement Report

On August 7, StockEdge reported 7 such stocks. ETMarkets has handpicked these stocks for a closer examination. Delve into the significance of RSI in assessing stock movements and how a bearish RSI trend in overbought stocks can impact investment decisions. Please note that the data for stocks with bearish RSI trends in the overbought zone on August 8 will be updated later today.

Stocks that were in action included names like Gland Pharma, which was up 20%, Caplin Point Laboratories, which gained 11%, and HUDCO, which was up more than 6% to hit a fresh 52-week high on Tuesday.

Continuous foreign fund outflows and weak trend in Asian and European markets also played spoilsport for the domestic markets

Stock market investments often have a risk factor attached to them. However, when investors play in the long run, they often get better returns.

The S&P 500 and the Dow edged up on Monday, as investors awaited quarterly results from industry heavyweights through the week, while Apple and Tesla boosted the tech-heavy Nasdaq. Second-quarter earnings are gathering momentum, with Tesla due to report on Wednesday, while Bank of America , Morgan Stanley, Goldman Sachs and Netflix are also lined up through the rest of the week

Indian stock market benchmark Nifty is expected to reach the 21,000 mark within the next 6-9 months, according to a report by ICICI Direct. The firm said that the last four general elections resulted in the 50-stock index gaining a minimum of 11% in the electoral year, citing history as evidence.

As broader market indices witness minor consolidation, which normally happens when they are close to all time high as some resistance is bound to come. Some stocks have witnessed consistent improvement in their scores. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in t...

The market suffered a small correction this week but the underlying trend remains bullish. We expect a short rally next week before a deeper decline.