Moneycontrol Daily: Your Essential 7
A daily round-up of the most interesting articles to help jump-start the day.
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A daily round-up of the most interesting articles to help jump-start the day.
On Monday, 2062 stocks advanced, 1675 declined and 170 remained unchanged, with an advance decline ratio of 1.23 on the Bombay Stock Exchange (BSE), indicating a negative closing of stocks in broader markets. Domestic equities prompted buying, notably in the IT sector, as a result of the global market's recovery following a big slump.
Societe Generale, Morgan Stanley buy 1.57% stake in Paytm
In the last one month nifty and sensex have corrected. But the sentiment has not corrected as the broader market is still in the control of bulls. But as they say volatility comes without any prior notice, so it would be better for oneself to be prepared and probably if one is thinking of taking exposure, staying with large caps might be a better idea. Coming on the list is a cement major and Auto ancillary company which has recently opened two dedicated plants for supplying part of electric vehicles to OEM’s. ET screener powered by Refinitiv’s Stock Report Plus applies different a...
This article delves into the significance of RSI in assessing stock movements, particularly in overbought stocks. Examining 16 stocks that experienced bearish or declining RSI while being in the overbought zone, ETMarkets highlights 10 stocks as potential case studies.