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South Indian Bank shares zoom 159% from 52-week low; time to buy, sell or hold?

Shares of South Indian Bank Ltd are in focus today after the lender reported a strong set of earnings for the June 2023 quarter. The shares of South Indian Bank are already up 179% from their 52-week low of Rs 7.79 hit on August 12 last year. They have gained 176% in a year and risen 189% in a span of three years. In the last session, the banking stock almost touched its 52-week high of Rs 23.69 reached on July 13, 2023. The stock hit an intraday high of Rs 23.60, rising 3.64% against the previo...
Prabhudas Lilladher Vaishali Parekh Indian Bank Technical Research Indian Bank Ltd South Indian Bank Ltd

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Markets tumble over 1%; Sensex tanks 888 points

From the Sensex pack, Infosys tanked over 8 per cent after the company reported a lower-than-expected 11 per cent rise in net profit for the June quarter and delivered a shocker as it slashed its FY24 growth outlook to 1-3.5 per cent on delayed decision-making by clients amid global macro uncertainties. Hindustan Unilever, HCL Technologies, Wipro, and Tech Mahindra were the other major laggards. On the other hand, Larsen & Toubro rose the most by 3.88 per cent after it bagged an order of worth o...
India General United Kingdom Soult Ukpyolsi South Korea Hong Kong Vinod Nair
Source: rediff.com

lic share price: Chart Check: LIC breaks out from inverse head & shoulder pattern; what should investors do?

The stock fell more than 30% from its listing day high. LIC listed on bourses on 17th May 2022 and made a high of Rs 920. The stock closed at Rs 622 on 18th July 2023 which translates into a fall of nearly 33%.
Kiran Jani Life Insurance Corporation Of India Head Of Technical Research At Jainam Broking Life Insurance Corporation Relative Strength Index Technical Research

Chart Check: After 100% rally in 6 months, breakout from bullish flag pattern makes this IT firm a top buy

The recent rally pushed the stock to a fresh 52-week high of Rs 445 recorded on 17th July 2023. It has rallied more than 10% in a week, and over 60% in the last 3 months. The stock also gave a breakout from a Flag pattern on the weekly charts which has opened room for the stock to head towards 500 levels, suggest experts.
Omkar Patil Zensar Technologie Technical Research Zensar Technologies Technical Research Associate Economic Times

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