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On Monday, the stock gained 6% and hit a fresh 52 week high of Rs 18.40 on a media report hinting at a possible tie-up between Vi and Starlink to pare entire gains on Tuesday after the company rejected the report. Investor interest remains paramount as the price action has been supported by volume action with over 100 crore shares getting traded in each of the last two trading sessions.

Morgan Stanley maintained an overweight rating on D-Mart with a target price of Rs 4471. The Q3 operational metrics improve further, however, the pace of store additions needs to pick up, it said.

The issue sailed through comfortably with 9x subscription overall, but was considered underwhelming by analysts, given the kind of response for SME IPOs in the recent past.

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

The stock quoted a 52-week high price of Rs 589.3 and a 52-week low of Rs 132.55.

Shri Balaji Valve IPO had received a robust response from investors with a subscription of 276 times at close. While the NII category was booked the most at 799 times, retail investor portion was subscribed 169 times. The QIB portion of the issue was booked 70 times.

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

However, equities were pressured on Tuesday as U.S. Treasury yields climbed, with the yield on 10-year notes ticking above 4.000% to a two-week high before easing slightly to 3.937%.

Trading was thinned in Asia with Japan out on a holiday, and with investors still returning from an extended New Year break, currencies traded mostly sideways in early deals.

As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.