Shares of recently listed One MobiKwik Systems surged over seven percent in the morning session on December 26, as a block deal worth Rs 118 crore took place on the exchanges.Around 18.6 lakh shares or 2.4 percent of equity in the firm were exchanged in a block deal window, at an average price of Rs 635 per share. Compared to the previous session's closing price of Rs 608.9 per share on the NSE, t...

Ramky Infrastructure Limited stocks gained following a LoA ( Letter of Acceptance) for a Rs 215.08 crore contract from the Hyderabad Metropolitan Water Supply and Sewerage Board (HMWSSB). As of 10:40 am, the stock was trading 2.87 percent higher at Rs 621.25 per share.The Company has been awarded a contract entailing the management and maintenance of sewage treatment plants and related infrastruct...

Benchmark indices Nifty and Sensex gave up most of their gains within an hour of opening on December 26 ahead of the monthly F&O expiry. Trading volumes, however, remained subdued due to year-end holidays as investors wrapped books for the year. Today also marks the final monthly expiry of 2024.At 10:14 hrs IST, the Sensex was up 24.95 points or 0.03 percent at 78,497.82, and the Nifty was up 21.7...

Nifty Trading PlanThe Nifty 50 and Bank Nifty closed moderately lower on December 24 after a rangebound trade for the second consecutive session. The index needs to break the immediate range of 23,650–23,900 (near the high and low of Monday’s trade) on either side. Breaching the lower band can pull it down to 23,500 and then 23,263 (November low). On the higher side, above 23,900, 24,100 is th...

The benchmark Nifty remained within the range of 23,650 to 23,900 for the second consecutive session, closing moderately lower on December 24. The market breadth was slightly in favor of the bulls, with about 1,285 shares advancing compared to 1,223 shares declining on the NSE. The market is expected to attempt an upward movement amid likely consolidation. Below are some trading ideas for the near...