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The Nifty needs to close above 19,800 for the uptrend to continue, while a slide below 19,500 can lead to profit booking, say experts. Maruti Suzuki, Power Grid Corporation and Adani Green are among the companies which will be in focus ahead of their quarterly earnings on July 31
The article highlights the remarkable performance of stocks that crossed their 200-day Simple Moving Average (SMA) on July 27, 2023. Godfrey Phillips India and Granules India take the lead, alongside other prominent companies like Ipca Laboratories and United Breweries, showcasing positive market sentiment and growth potential.
The Nifty Pharma index closed 0.29 per cent up at 14962.55.
On July 26, Wednesday, StockEdge reported 23 stocks trading in the overbought zone but exhibiting a bearish or declining RSI trend. ETMarkets has handpicked 10 of these stocks, providing potential investors with valuable insights on interpreting RSI data for informed decision-making.
The Competition Commission of India (CCI) approves the proposed combination involving acquisition of shareholding up to 59.38% of Unichem Laboratories Limited by Ipca Laboratories Limited.Ipca Laboratories Limited (Acquirer) is a pharmaceutical compa