Equity benchmarks reversed most of the gains seen in the previous couple of sessions and closed 0.4 percent lower on July 17, but the market breadth was moderately weak. About 1,393 shares declined compared to 1,261 advancing shares on the NSE. The market needs a close above short-term moving averages for an upward journey; until then, consolidation may continue. Below are some short-term trading ...

Welspun Corp's share price extended the gains on the fifth day as the shares touched a 52-week high of Rs 900 on March 24 after the company received Rs 476.39 crore from the sale of the equity stake in its wholly-owned subsidiary.At 09:18 am, Welspun Corp was quoting at Rs 898.20, up Rs 18.65, or 2.12 percent, on the BSE.The company completed the sale of a 74 percent equity stake in its wholly-own...

Let's catch up on the latest news from the stock market. From significant investments to major deals, appointments, order wins and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:Stocks to WatchReliance IndustriesThe company's step-down wholly owned subsidiary, Nauyaan Tradings (NTPL), has completed the acquisition of a 74% equity stake in Nauyaan Shipyard (NS...

The benchmark indices hit more than a five-week high on March 20, with the Nifty 50 rising sharply by 1.2 percent as bulls gained more strength. The market breadth was also positive, with 1,640 shares rising compared to 989 shares that were corrected on the NSE. The momentum is likely to be sustained amid possible range-bound trading. Below are some trading ideas for the near term:Mandar Bhojane, ...

The market gained in three out of four sessions and closed the holiday-shortened week with nearly a 1% gain. On December 27, it was up by 0.3%, amid consolidation, marking a positive start for the January series. A total of 1,268 shares advanced, while 1,233 shares declined on the NSE. The market is expected to remain rangebound with a positive bias in the upcoming sessions. Below are some trading...