Page 65 - Technical Research News Today

The market is due for a short term upward pull back in the near term. It has formed a long legged doji formation, which may see trending activity on either side, says Amol Athawale, Vice President - Technical Research, Kotak Securities.

Buy or sell stocks: Vaishali Parekh has recommended three stocks to buy today — Power Grid, CIE India Automotive, Syngene

The 'sell on rally' market construct is likely to change in October. October is usually a favourable month, both for the US and Indian markets. There are indications that this historical trend may play out this October too, says V.K. ...

(This story has not been edited by THE WEEK and is auto-generated from a PTI

Nifty 50 closed the day at 19,638.30, up 115 points, or 0.59 per cent while the Sensex closed at 65,828.41, up 320 points, or 0.49 per cent.

Market Gets Stronger Pharma Metals Top Gainers

BSE Sensex rose 320.09 points, or 0.49 per cent, to settle at 65,828.41, while NSE's Nifty50 jumped 114.75 points, or 0.59 per cent, to end at 19,638.30 for the day.

The stock rose from Rs 285 as of 18 September 2023 to Rs 338 recorded on 25 September 2023 which translates into an upside of over 18% in a week. The stock has rallied over 30% in a month – putting it in an overbought zone.

Day trading stocks: Experts have recommended six stocks to buy today — ITC, Hindustan Copper, Delhivery, Zydus Life, IIFL Securities, and Omaxe

Shares of multibagger Jupiter Wagons Ltd have outperformed other railway stocks in the last six months. Jupiter Wagons stock has surged 253% in the last six months. The railway sector stock, which closed at Rs 89.86 on March 27, 2023 rose to Rs 317.60 on the BSE on September 27, 2023, delivering 253% returns to investors. On the other hand, Titagarh Rail Systems shares zoomed 223% and Texmaco Rail stock gained 208% since March 27.