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It is an uptrend signal if the RSI value has crossed above 50 from below.

A significant uptick in futures open interest signifies a substantial growth in the number of active, unexpired futures contracts in a specific security.

A total of 1,244 shares changed hands on the counter till time (IST).

Equity bulls on Dalal Street rejuvenated, with the BSE Sensex gaining 1300 points in a single session. The market is optimistic about government spending in infrastructure and energy sectors, attracting investor interest. The upcoming budget is expected to focus on fiscal consolidation, capital investment-led expansion, and rural growth.

Marico Ltd., incorporated in the year 1988, is a Large Cap company (having a market cap of Rs 66976.24 Crore) operating in FMCG sector.

The Relative Strength Index of the stock stood at 62.77 on Tuesday.

Ketan Dalal calls for the cap on home loan deduction to be increased and highlights the need for addressing housing, education, and medical expenses. Dalal emphasizes the complexity of the tax laws and suggests reducing the rates of tax instead. He further discusses the need to address ESOP tax, partnership and LLP tax rates, and the minimum slab rate. Additionally, he mentions the importance of introducing a minimum guaranteed pension scheme in NPS and addressing the NPS-2 account.

Samvardhana Motherson Ltd, an auto component company, has experienced a surge in its stock price, reaching a 52-week high and showing an impressive 80% increase from its low in March 2023. This strong momentum is supported by the significant role played by the 200-weekly Exponential Moving Average (EMA), which has transitioned from acting as a resistance to now serving as a crucial support for the stock.

Digital advancements have blurred the lines between traditional and retail investors. With technology at their fingertips, retail investors now enjoy unprecedented access to the stock market, fostering a more inclusive financial environment.