Equity benchmarks bounced back amid range-bound trading to close 0.3 percent higher on the Nifty 50 on May 22. Market breadth remained slightly positive, with about 1,539 shares advancing against 1,407 declining shares on the NSE. A strong move beyond last week's high is required for further market upside; otherwise, range-bound trading may continue. Below are some short-term trading ideas to cons...

Shares of Parle Industries gained nearly 5% for the second straight session on Thursday after hitting the upper circuit in the previous trading session.The stock has come into focus after a viral video featuring Italian Prime Minister Giorgia Meloni and Prime Minister Narendra Modi sparked a social media frenzy around Melody toffees.Despite the rally, Parle Industries has no connection with Melody...

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Shares of Pace Digitek gained 2 percent in the opening trade on April 27 after the company announced a strategic Original Equipment Manufacturer (OEM) partnership with NEC XON Systems Proprietary.At 09:18am, Pace Digitek was quoting at Rs 177.60, up Rs 3.80, or 2.19 percent, on the BSE.The agreement, executed in collaboration with Pace Digitek’s subsidiary, Lineage Power (LPPL), aims to expand t...

The benchmark indices closed a consolidative session on a flat note on April 20, as traders turned cautious amid uncertainty surrounding the Strait of Hormuz. Market breadth weakened, with 1,855 shares declining against 1,123 advancing shares on the NSE. The market may continue to consolidate with range-bound trading, as the Iran ceasefire is set to expire soon. Below are some short-term trading i...