Citi initiates a sell call on Bata India; stock down 2%
Citi raised concerns about the company losing market share after its subdued performance in the April-to-June quarter.
Source: moneycontrol.com
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Trade setup for Thursday: Top 15 things to know before the opening bell
Based on the OI percentage, 72 stocks were on the short-covering list. These included AU Small Finance Bank, ICICI Prudential Life Insurance, Kotak Mahindra Bank, Coromandel International and Navin Fluorine International.
Source: moneycontrol.com
Taking Stock: Sensex up 246 pts, Nifty above 20,050; midcaps recover smartly
The BSE midcap index made smart recovery from the day's low and ended flat, while Smallcap index added 0.8 percent.
Source: moneycontrol.com
20-day sma: REC, AU SFB, 5 other midcap stocks surpass 20-day SMA
Several midcap stocks in the Indian stock market made significant moves by crossing their 20-day Simple Moving Averages (SMA) on September 7.
Source: indiatimes.com
rsi trending up: Bata India, Dabur India among 10 stocks with RSI trending up
On September 7, Thursday, StockEdge reported 30 stocks with rising RSI values, and ETMarkets has selected 10 promising stocks from that list. Discover the significance of RSI and gain insights into these trending stocks to make informed investment decisions.
Source: indiatimes.com