Page 2 - Ipca Laboratories News Today

Based on the OI percentage, a total of 60 stocks were on the short-covering list. These included Godrej Properties, Eicher Motors, Bharat Forge, Balkrishna Industries, and Divis Laboratories.

In terms of levels, immediate resistance for Nifty 50 is notable at 22,800, a significant level on higher time frames, with further resistance observed at 23,170 and 23,400.

A significant uptick in futures open interest signifies a substantial growth in the number of active, unexpired futures contracts in a specific security.

A short build-up was seen in 68 stocks, including IndiaMART InterMESH, Vodafone Idea, DLF, Federal Bank, and Hindustan Petroleum Corporation

A short build-up was seen in 69 stocks, including Nestle India, Kotak Mahindra Bank, DLF, Deepak Nitrite, and Godrej Properties.

Aegis Logistics saw a strong breakout after recent consolidation, and formed robust bullish candlestick pattern on the daily charts with significantly higher volumes. The stock traded above all key moving averages, which is a positive sign.

The Employee Stock Option Scheme, being a special resolution, required at least 75 per cent votes in favour. Only 63.8 per cent of the votes polled were in favour of the resolution with 36.19 per cent against, as per the filing.

Small and midcaps space has bottomed out and technical patterns show resumption of the bull phase is due soon, according to Nuvama

Market has reached an oversold condition at key support levels and the current situation represents a corrective phase within the ongoing bull market. This indicates a potential opportunity to initiate long positions.

Based on the OI percentage, 65 stocks saw long unwinding, which included Alkem Laboratories, HDFC AMC, Voltas, Ipca Laboratories and MRF