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The rupee closed at 83.2675 against the U.S. dollar, compared with 83.1850 in the previous session. The local unit weakened beyond its previous record closing of 83.2175 hit earlier this month

The stock market witnessed noteworthy developments on Friday, September 15, as several major stocks crossed their 200-day Simple Moving Averages (SMA)

Mid and small-cap stocks achieved new all-time highs on September 18, reflecting their remarkable growth and potential

“We have added some power, energy related and utility related stuff. We have added to our position in Tata Power. We also like some of the transmission names where there is valuation comfort, light Power Grid, etc. and tactically maybe some of the thermal sources of power including Coal India. We continue to add in the overall home improvement.”

On September 15, Friday, StockEdge identified 23 stocks with RSI trending up, and ETMarkets has cherry-picked 10 of these stocks for a closer look. Discover why monitoring RSI movements is crucial for informed investment decisions.

"Gold rose on Monday, with spot gold prices (24 carats) in the Delhi markets trading at Rs 60,200/10 grams, up by Rs 180 following a positive trade in the overseas markets," Saumil Gandhi, senior analyst of commodities at HDFC Securities, said.

Bitcoin (BTC) rose 0.55% to $26,678, whereas Ethereum (ETH) was above the 1,600 level. Meanwhile, the global cryptocurrency market cap was trading higher, around $1.06 trillion, rising 0.29% in the last 24 hours.

“In the pharmaceuticals segment, every company seems to be a different sector in itself. We are very optimistic in the pharmaceutical manufacturing or CDMO space where we see a multi-year scalable opportunity for the Indian companies. On the generic side, we are very choosy. We have exposure in limited names.”

Analysts advised short-term investors to book profits in Jupiter Life Line Hospitals while those with a high-risk appetite can look to hold shares, they said. Shares of Jupiter Life Line rallied nearly 50% on listing day on Monday.

ETMarkets has identified 14 smallcap stocks that have showcased exceptional performance, consistently recording gains of over 100% in each of the past three years, spanning from one Ganesh Chaturthi to the next. For price returns, closing price of the day before Ganesh Chaturthi is considered.