Latest Stock Market News

On September 22, Friday, StockEdge identified 40 stocks with a declining Relative Strength Index (RSI). ETMarkets has chosen 10 of these stocks for closer examination.

On Monady, sectorally, buying was seen in realty, consumer durables, banks, and healthcare and selling in IT, capital goods and telecom space

Speaking about the successful NCD issue, George Alexander Muthoot, MD of Muthoot Finance, said, "We are pleased and grateful for the support of our investors. This achievement reflects the trust of our customers."

Yatra Online’s shares are expected to be listed on the exchanges on September 29. According to market sources, there is no definitive trend of GMP for the company in the unlisted market. Hence, it is difficult to gauge the expectations on debut

The company’s shares have been trailing the country’s benchmark gauges this year, gaining only 0.9% year-to-date. A slide since late July was further accelerated amid a consolidation in local shares after the Sensex Index hit its all-time high earlier this month.

The Nifty Bank index closed 0.35 per cent up at 44766.1.

“The trades of the evening session will be reckoned together with the following trading day. So, these trades will be reckoned together with the next day and settled in due course in line with the process for the next day, so that is also something where we are trying to make it as seamless as possible for all the market participants.”

On September 22, Friday, data from StockEdge revealed that 22 stocks had entered the overbought zone, and ETMarkets has handpicked 10 of these stocks for a closer look. This article not only explores what it means for a stock to be overbought but also delves into the significance of the Relative Strength Index (RSI) in assessing stock movements.