Utkarsh Small Finance Bank IPO: 5 Things to Know

From grey market premium to price band, here’s everything you need to know about the upcoming IPO of Utkarsh Small Finance Bank.

Utkarsh Small Finance Bank to Hit the Market

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The IPO markets are all set for an action-packed season as Indian share markets continue their good run.

Seeing the euphoria, it shouldn’t take a genius to figure out why companies are now lining up to come out with IPOs.

Utkarsh Small Finance Bank is one such company opening its offer this week.

Continue reading to know more…

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The US and European markets kicked off the week on a positive note as they opened in the green.
The Dow Jones exhibited a belt hold bullish reversal candlestick pattern, suggesting a resmption of the bullish trend following retracements.

Nifty managed to close marginally in the green, primarily driven by the movement of Reliance Industries. However, the overall market breadth leaned towards bears, indicating a cautious sentiment. It is important to monitor the market breadth over the next few days to ascertain any signs of exhaustion in trends for certain large-cap stocks.

In the July series, the range of 18,971-19,139 is expected to serve as a significant support zone for Nifty.

BankNifty concluded in negative territory, breaching the swing range, but the resistance zone of 44,400-44,550 is expected to transition into a support zone going forward.

Given the frequent sector rotation in the market, it is now an opportune time to include Metals stocks on the bullish watchlist.

#PreMarket
#GiftNifty

Stock Market Update - Gift Nifty Up 23 Points| IRB Infra Q1 Toll up 16% | EaseMyTrip Partners SpiceJet | Top Buzzing Stocks Today

Top cues to track in today's stock market session.

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Stock Market Update - Sensex Today Trades 400 Points Higher | CarTrade Tech Surges 13% | Maruti Suzuki & Sun Pharma Among Top Gainers

Indian share markets are trading on a positive note, with the Sensex up by 410 points, while the Nifty is trading higher by 125 points.

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Companies Riding the AI Trend

Making presentations, doing surgeries, driving cars…there is an AI for everything these days. So how can you profit from it?

Top AI Stocks

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Machines are not only replacing humans, but outperforming them, even at something as intricate and critical as human surgeries or driving cars.

In the battle of man versus machine, the latter is taking huge lead every day. The ‘man’ seems to stand no chance.

Indeed, the scope of AI is not just limited to tech companies but also pervades into supply chains, manufacturing, auto, advertising and so on.

I believe AI is a huge megatrend in the stock market with a few multibaggers in the making.

Read on to know more…

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Why UPL Share Price is Falling

UPL shares hit a new 52-week low today. How long before the agrochemical company finds its mojo back?

UPL Shares Hit 52-Week Low

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In the first half of 2023, high raw material costs and inventory build-up dented margins of almost all agrochemical companies in India.

While raw material prices have eased a bit, the prospects for agrochemical companies don’t look so bright for the rest of 2023.

One of the best agrochemical companies in India – UPL – is caught in a broad-based correction in a rising market.

Continue reading…

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Mazagon Dock Share Price Zooms 10% to Hit Record High. Technical Charts Suggest…

While the breakout in Mazagon Dock and the bullish trend in shipbuilding stocks seem promising, it’s essential to consider the associated risks as well.

Mazagon Dock Share Price Skyrockets!

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Mazagon Dock share price zoomed 10% to scale fresh peak today. The breakout, accompanied by higher volumes, indicates strength.

Additionally, the Market Cap Weighted Ship Building Stocks Index (MCWSBSI) suggests a potential bullish trend in shipbuilding stocks.

However, it’s crucial to consider the risks associated with the breakout setup, including market volatility, sector-specific risks and market sentiment.

Continue reading…

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Stock Market Update - Sensex Today Ends 274 Points Higher| Bharat Dynamics Soars 13% | Why Mazagon Dock Share Price is Rising

Indian share markets ends higher. The BSE Sensex ended higher by 274 points while the Nifty ended higher by 84 points.

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Radhakishan Damani Dumps this Smallcap Defence Stock. Do You Own?

The ace investor’s name is missing from the latest shareholding pattern of this defence firm. Find out more details about the company inside and why Damani sold his stake in Q1.

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Fast Profits Daily - Why the Metal Index May Outperform Nifty 500

A lot of technical indicators point towards a comeback rally in metal stocks. Watch this video till the end to find out which companies to track now...

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Why Deepak Nitrite Share Price is Falling

After a good run in June 2023, this specialty chemical company is facing a temporary glut. Find out more about its growth prospects inside…

http://www.eqtm.in/Tj94Y

Global markets kick off the week on a positive note, indicating a promising outlook for Indian markets, despite Japan's Nikkei trading down by a percent, which may potentially limit a positive movement in the Asian region.

Nifty starts the day with a gap up, driven by Reliance Industries for the second consecutive day, while BankNifty closes in the red.

On Nifty, the weekly writers of the 19500CE options are defending the levels, indicating their intention to protect that price point. However, if the index manages to surpass the 19,558 mark, it could trigger a short covering rally.

The electrical equipments and domestic appliances sector, including companies like Polycab, V-Guard, Crompton, and KEI, is worth monitoring for potential momentum trading opportunities.

#PreMarket
#GiftNifty

Stock Market Update - Gift Nifty Down 11 Points| ITC's FMCG Growth Plan | Greaves Cotton's EV Sales Cross 200,000 Milestone | Top Buzzing Stocks Today

Top cues to track in today's stock market session.

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Bubble in Defence and Drone Stocks?

Selecting stocks in India's defence ecosystem must be with sufficient diligence.

Bubble in Defence Stocks?

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Is India aiming too high with its defence production?

Is India's defence self-reliance story too good to be true?

Are defence stocks in bubble territory?

Read on to find out.

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Stock Market Update - Sensex Today Trades Flat | Delta Corporation Sinks 20% | HDFC & NTPC Top Gainers

Indian share markets are trading on a flat note with the Sensex up by 26 points, while the Nifty is trading down by 3 points.

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KDDL Vs Ethos: Is the Valuation Gap Justified?

Is this supplier to luxury watchmakers selling for cheap.

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AI Penny Stocks

Thinking about investing in AI Penny stocks? This market is full of potentially rewarding investment opportunities. Here's how you can benefit... http://www.eqtm.in/Za3r7

Stock Market Update - Sensex Today Ends 223 Points Lower | Swan Energy Slips 7% | Adani Enterprises & Infosys Top Losers

Indian share markets end on a negative note. The BSE Sensex ended lower 223 points while the Nifty ended lower by 55 points.

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Top 4 Healthcare Stocks as India Readies for a Healthcare Revolution

These four companies are set to benefit from the upcoming boom in the healthcare sector.

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5 Things to Know about the NSDL IPO

India’s largest depository is gearing up for the most awaited IPO of 2023. Find out more about NSDL’s IPO inside…

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Dolly Khanna Trims Stake in Smallcap Cement Stock, FMCG Company

Find out why the seasoned investor took a bearish stance on these two stocks.

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