Page 4 - Intellect Design News Today

On September 15, Friday, StockEdge identified 23 stocks with RSI trending up, and ETMarkets has cherry-picked 10 of these stocks for a closer look. Discover why monitoring RSI movements is crucial for informed investment decisions.

AFC Commercial Bank aims at delivering seamless and personalised banking experience to its customers through the partnership via Intellect Digital Core (IDC) to modernise its banking operations.

​​With a Rs 1.59 lakh crore portfolio, Damani tops the chart, followed by Jhunjhunwala family. These investors together own shares worth `2.3 lakh crore, about 0.7% of the BSEs total market capitalisation.

The past 18 weeks spectacular ~19% up-move has pushed weekly and monthly stochastic oscillators into overbought conditions, indicating the possibility of extended consolidation.

Indian equities closed in the red on Friday amid mixed quarterly results, a reversal of FII activity, a rising dollar index, and an increase in crude oil prices, despite gains in some broader markets. Sensex fell to 66,160, while Nifty closed marginally lower at 19,646, with both indices down by 0.8% and 0.5% for the week

In the Nifty pack, 26 stocks were trading in the green, while 24 stocks were trading in the red.

The Nifty Pharma index was trading 0.01 per cent down at 14918.85.

Intellect Design Arenas share price surged over 15% after reporting strong Q1FY24 results. Total revenue increased by 19% YoY, while profit after tax jumped 36% YoY. The company closed 11 deals in Q1FY24, including agreements with Aspen and OTP Bank.

The NSE Nifty index was trading 38.0 points down at 19621.9

Bajaj Finserv, Tata Motors, TCS, HCL Tech and HDFC Bank were among the top losers on NSE.