Equity benchmarks witnessed a 1.5 percent correction on May 29, extending their weakness for a third straight session. Market breadth turned negative, with about 2,081 shares declining against 925 advancing shares on the NSE. The market may consolidate further as long as it remains below short-term moving averages, with support placed at the May low. Below are some short-term trading ideas to cons...

The benchmark indices wiped out all their opening rally and finished slightly lower on May 21. However, market breadth remained positive, with around 1,711 shares advancing against 1,237 declining shares on the NSE. The market needs a decisive move above the upper end of the 23,300–23,800 range for a fresh leg of rally. Until then, consolidation may continue. Below are some short-term trading id...

Thermax share price gained in the opening trade on March 30 following the company arm won an order worth RS 1,600 crore for 800 MW ultra-supercritical thermal power plant.At 09:18am, Thermax was quoting at Rs 3,211.50, up Rs 19.15, or 0.60 percent, on the BSE.The company’s wholly owned arm, Thermax Babcock & Wilcox Energy Solutions Limited (TBWES), has won a boiler package supply contract from a...

Let's catch up on the latest news from the stock market. From significant investments to major deals, acquisitions, appointments, and order wins, here’s a quick look at which stocks will be in focus in today's trade:Stocks to WatchNLC IndiaThe company’s joint venture with UP Rajya Vidyut Utpadan Nigam has started coal production at the Pachwara South coal block. The block has extractable coal ...

Equity benchmarks bounced back after a day of sharp decline, with the Nifty 50 rising 0.46 percent on February 20. However, market breadth was slightly in favour of bears, as about 1,532 shares declined against 1,395 advancing shares on the NSE. The market is expected to maintain its uptrend if it sustains above the midline of the Bollinger Bands. Below are some short-term trading ideas to conside...