The Nifty 50 remained under pressure for the third consecutive session, falling 0.16 percent on August 13. The index tested its 20-day EMA (24,360) but managed to defend the level for another session on a closing basis. With this, the index continued to stay above all key moving averages, although the momentum indicators weakened further, indicating some nervousness in the short term. A decisive a...

Equity benchmarks corrected further on August 13, with the Nifty 50 ending the session 0.16 percent lower. Market breadth tilted slightly in favour of the bears, with about 1,558 shares declining, against 1,489 shares that advanced on the NSE. The consolidation is expected to continue, with the bias likely to remain moderately on the lower side. Below are some short-term trading ideas to consider:...

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, and order wins, here’s a quick look at which stocks will be in focus in today's trade:Results TodayAlkem Laboratories, Physicswallah, Bharat Dynamics, 3M India, Ashok Leyland, Dishman Carbogen Amcis, Easy Trip Planners, GVK Power & Infrastructure, Jinkushal Industries, Kwalit...

Ola Electric Mobility shares were trading in the green on Wednesday morning, rising 1.06% to Rs 40.08 on the BSE, after the company announced that the Ministry of Heavy Industries (MHI), Government of India, had approved revised timelines under the ACC Production Linked Incentive (PLI) Scheme for its wholly owned subsidiary, Ola Cell Technologies Private Limited (OCT).The revised timelines secure ...

Godrej Consumer Products shares plunged 10 percent to hit the lower circuit in early trade on Wednesday after the resignation of Managing Director and Chief Executive Officer Sudhir Sitapati. The sudden exit triggered concerns over execution and leadership transition at the consumer goods company.Godrej Consumer Products stock fell 10 percent to Rs 922.5, but later trimmed losses to 9 percent. The...