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"Bitcoin slipped by 2% in the last 24 hours and is trading just above the $27,000 mark. The overall market is expected to remain choppy in the coming weeks due to geopolitical uncertainty and other macroeconomic factors," said Shivam Thakral, CEO of BuyUcoin.

A total of 228,238 shares changed hands on the counter till 02:05PM (IST)

Surpassing the 50-day SMA is a significant technical achievement that often signals short to medium-term trends in the stock market.

In this analysis, ETMarkets examines the recent decline in Relative Strength Index (RSI) for 10 stocks, shedding light on the importance of RSI in assessing stock movements.

The Relative Strength Index (RSI) is a momentum oscillator that assesses the speed and magnitude of price movements. It is a key tool for identifying potential overbought or oversold conditions in a stock.

The Relative Strength Index of the stock stood at 58.96 on Wednesday.

HCL Tech Q2 Preview: HCL Tech’s Q2 consolidated revenue is seen rising a mere 2% sequentially to Rs 26,804.4 crore according to the average of estimates given by nine brokerage firms. But on a year-on-year (YoY) basis, it is seen increasing by 9%. Consolidated net profit may rise 5% sequentially and over 6% YoY to Rs 3,707 crore, the estimates showed.

Hemang Jani recommends investing in 360 ONE Wealth and BSE. He believes that 360 ONE Wealth has a compelling product offering and strong growth potential. He also suggests considering BSE due to the increasing cash market volume and traction in their F&O offering. In addition, Jani expresses confidence in PSUs such as NMDC and Coal India, as well as FMCG companies like DMart, Dabur, and Godrej Consumer Products. He also sees potential in Zomato.

Promoters held 0.0 per cent stake in the company as of 30-Jun-2023, while FII and DII ownership stood at 7.48 per cent and 0.25 per cent, respectively.