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The benchmarks have lost nearly 5% over the last six sessions, which pushed the Nifty into oversold territory for the first time in 16 months. The market capitalisation of all listed companies on the BSE declined by 3 lakh crore to Rs 306.22 lakh crore. From the Sensex stock, M&M, Bajaj Finance, Asian Paints, and Nestle were the top laggards, falling 3-4%.

The Relative Strength Index (RSI) is a powerful indicator of stock momentum. In this article, we explore why RSI is vital for investors and spotlight five stocks that have witnessed declining RSI trends, offering insights for potential investment decisions.

This article explains the significance of the Golden Crossover, a crucial technical indicator, and identifies five stocks that recently experienced this bullish pattern. Investors can leverage this information to make well-informed investment decisions.

Maruti Suzuki Q2 Preview: Revenue for the quarter is likely to grow 25% year-on-year (YoY), according to an average estimate of five brokerages. Net profit, meanwhile, is seen rising 55% YoY. Maruti has reported a volume growth of 7% during the quarter, aided by higher sales in the SUV segment.

“It is a fast growing company which is still not at a steady state margin profile. Over the years, the margin profile will continue to change and improve and hence if you look at it from EV to revenue and EV to gross margin perspective, which is a better ratio to look at it from, we are fairly attractively valued at this point.”

The gross non-performing assets (NPAs) as a percentage of total loans improved to 4.97 per cent at the end of September 2023 as against 7.30 per cent a year ago.

Prices of several major commodities, including cheese and vegetables, shot up during the quarter, resulting in a jump in expenses with many restaurants going as far as taking tomatoes off their recipe.

As per the shareholding data available on the BSE, Rekha Jhunjhunwala has reduced the stake in D B Realty to 1.21% in July in multiple tranches but took it to 3.37% on September 13, and finally reduced it to 1.99% at the end of the month