Shares of Cohance Lifesciences came under sharp pressure on September 18, tumbling 6 percent to Rs 909 apiece after a large block deal hit the exchanges. Around 3.39 crore shares, translating to 8.9 percent equity worth Rs 3,073 crore, changed hands in early trade.While the identity of sellers was not confirmed, reports on CNBC-TV18 suggested that Jusmiral Holdings was looking to offload up to 8.9...

The shares of Indian IT companies jumped on September 18 after the US Federal Reserve cut its interest rate for the first time since December 2024. The sharp rise in the share prices pushed the Nifty IT index higher to emerge as the top sectoral gainer on the market today.The Nifty IT index rose 1.5 percent in the morning to 37,006, extending gains for the third consecutive session.US Fed cuts rat...

Promoter Devansh Trademart has offloaded 1.18 percent shareholding in Gujarat Fluorochemicals via open market transaction on September 17, while Pitti Engineering saw a share exchange worth Rs 102 crore.Gujarat Fluorochemicals shares saw strong recovery after opening lower and closed just 0.14 percent down at Rs 3,690.6 with above-average volumes.Devansh Trademart LLP sold 13 lakh shares (1.18 per...

The Nifty 50 recorded a 0.4 percent gain on September 17, surpassing the 25,250 level and continuing the higher highs-higher lows pattern, supported by bullish momentum indicators—especially ahead of the US Federal Reserve meeting outcome, where the central bank cut rates by 25 bps and signaled two more rate cuts this year. Experts expect the index to reclaim 25,550 and then 25,669 (the current ...

The benchmark indices gained nearly 0.4 percent on September 17, with the Nifty 50 closing above 25,300. The market breadth was positive. A total of 1,592 shares advanced, while 1,215 shares declined on the NSE. The trend is likely to remain favourable for the bulls, but some consolidation can't be ruled out. Below are some short-term trading ideas to consider:Rupak De, Senior Technical Analyst at...