Equity benchmarks continued to reel under selling pressure for the fifth straight session, falling more than 0.3 percent on August 17, amid weakness in market breadth. About 1,653 shares declined, compared with 1,412 advancing shares on the NSE. Selling pressure may gradually mount, with Monday’s low likely to come under threat amid range-bound trading. Below are some short-term trading ideas to...

Shares of Paras Defence & Space Technologies traded lower in early trade on Wednesday even after the company announced plans to invest around Rs 6,200 crore in a greenfield semiconductor packaging facility in Madhya Pradesh.At 9:29 am, the stock of Paras Defence was down 1.10% on the NSE.The company said its subsidiary, Paras Semiconductors Pvt Ltd, has signed a memorandum of understanding (MoU) w...

Defence shares rose up to 6% on April 21 amid optimism over Defence Minister Rajnath Singh's three-day visit to Germany to finalise a bilateral defence industrial roadmap. The visit begins on April 21.The roadmap will provide for a framework for the two countries to initiate co-development and co-production of various military hardware, officials told PTI.In Berlin, Singh will hold wide-ranging ta...

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, acquisitions, and order wins, here’s a quick look at which stocks will be in focus in today's trade:Quarterly Business UpdateAshiana Housing Q4 (YoY)Area booked rises 32% to 11.19 lakh sqft Vs 8.48 lakh sqftValue of area sold jumps 124.4% to Rs 1,289.7 crore Vs Rs 574.7 crore...

Shares of Swan Defence and Heavy Industries rose over 3% to Rs 1,760 on the NSE on Tuesday after the company secured a landmark shipbuilding order.In a regulatory filing, the company said it has won a Category 4 order from Energy ONE Limited to build four 92,500 DWT dual-fuel ammonia bulk carriers - a first-of-its-kind project in India.The company said the order falls under Category 4, which typic...