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The order came after Sebi conducted an examination into the business of MI Research with respect to compliance of the entity with IA (Investment Advisers) regulations.

On September 18, Monday, StockEdge identified 32 stocks with declining Relative Strength Index (RSI). ETMarkets examines the importance of RSI and spotlights 10 of these stocks to provide valuable insights for investors.

Stocks that were in focus on Wednesday include names like Blue Star that gained over 13% to hit a new high, SJVN that rose nearly 7%, and Alembic Pharma which hit a fresh 52-week high, pared gains and closed with a loss of over 1%

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These SmallCap stocks breaking through their 50-day SMAs signify potential bullish trends and offer investors opportunities for growth.

Under the OFS, promoter Tangi Facility will offload 40 lakh shares and the rest will be sold by the India Business Excellence Fund.

Stock market update: Nifty Bank index falls 1.29%

Updated at : 2023-09-20 18:25:01

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The Nifty Bank index closed 1.29 per cent down at 45384.6.

Having moved below the immediate support of the 10-day EMA at 19,940 levels now, the market is expected to slide down to the lower 20-day EMA around 19,780 levels in the coming sessions, according to analysts.

The Nifty Realty index was trading 0.84 per cent down at 574.05.

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