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Nifty and Sensex recorded minor gains on Tuesday. Analyst Sudeep Shah recommends investing in Power Finance Corporation Ltd and Bajaj Finserv Ltd due to strong technical and derivative indicators, predicting short-term gains for both stocks.

The Relative Strength Index of the stock stood at 73.94 on Wednesday.

So, we enjoy that kind of a market presence, market share in the wedding space, so that also is a good opportunity for us in order to play it stronger.

Nasdaq is awaiting regulatory approval to launch and trade options on a bitcoin index. This move would provide institutional investors and traders an alternative way to hedge their exposure to bitcoin. The options would track the CME CF Bitcoin Real-Time Index, supplementing the recently launched leveraged ETFs tied to bitcoin.

The stock quoted a 52-week high of Rs 706.85 and a 52-week low of Rs 404.0.

A total of 129,287 shares changed hands on the counter till 12:58PM (IST)

The Relative Strength Index of the stock stood at 47.33 on Wednesday.

So, I do think that be it the largecap generic-focused companies like Sun, Dr Reddy’s, Cipla, or some of the API-based companies whether it is Laurus Labs, Neuland Labs, Glenmark, these companies are sounding far more confident about their growth, both in the US market in terms of their speciality products or domestic market.

As of 30-Jun-2024, promoters held 46.7 per cent stake in the company, while FIIs held 19.32 per cent and domestic institutional investors had 16.23 per cent.

Aeron Composite Ltd, an Ahmedabad-based fibreglass reinforced polymer products supplier, has raised Rs 15.17 crore from anchor investors as part of its IPO. They have allocated 12,14,000 equity shares at Rs 125 per share. The IPO, targeting Rs 56.10 crore, will close on August 30. Funds will support a new manufacturing unit in Mehsana, Gujarat.