Page 54 - Rec News Today

Several mid and small-cap stocks reached unprecedented all-time highs on September 28.

Stocks that were in focus included names like REC, which rose 6.06%, Suzlon Energy, which dropped 1.54%, and Hudco, whose shares jumped 2.63% on Wednesday.

For guests on campus for Family Weekend, there are dozens of free events hosted by the university, intended to welcome and reassure those closest to students they are in capable

The simultaneous rise of these midcap stocks highlights the dynamism and potential for growth often associated with this segment of the stock market.

The market capitalisation of all listed companies on the BSE surged by Rs 1.53 lakh crore to Rs 319.68 lakh crore. The market breadth was skewed in favour of the bulls. About 2,007 stocks gained, 1,640 declined, and 152 remained unchanged on the BSE.

September 27, 2023, stands as a testament to the strength and resilience of BSE PSU stocks, reaffirming their role as key players in Indias economic growth story.

The shares of Signature Global and Sai Silks will debut on the exchanges today. While Signature is likely to see a decent listing, Sai Silks debut is expected to be muted.

Technically, the stocks day RSI (14) is at 65.7. The RSI below 30 is considered oversold, and above 70 is overbought, Trendlyne data showed. MACD is at 11, which is above its center and signal Line, this is a bullish indicator. Shares of REC are trading higher than the 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day moving averages.

Indian frontline indices ended with gains on Wednesday led by a rise in FMCG, IT and pharma stocks.

September 27, 2023, will be remembered as a day when midcap stocks showcased their potential.