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Stocks that were in focus on Wednesday included names like Syngene International (up over 4%), Petronet LNG (which closed with gains of nearly 7%), and Castrol India (which rose more than 4% to hit a fresh all-time high)

The short-term trend of Nifty continues to be positive. One may expect further upside in the coming sessions and any dips down to the support of 19,500 is likely to be a buy-on-dips opportunity. The next upside levels to be watched are around 19,800, said Nagaraj Shetti of HDFC Securities.

About 50% of the offer is set aside for qualified institutional buyers, 15% is reserved for non-institutional investors and 35% for retail investors

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In this article, we delve into the world of stocks that have witnessed their Relative Strength Index (RSI) trending down, as reported by StockEdge on September 5, Tuesday. ETMarkets has singled out these 11 stocks to provide insights into what this trend may signify.

Stock market update: Nifty Auto index falls 0.13%

Updated at : 2023-09-06 18:25:02

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The Nifty Auto index closed 0.13 per cent down at 15921.25.

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"United Spirits is one of our top picks in the consumption space and then in discretionary space we like Crompton Consumer which is part of our model portfolio along with United Spirits. We are positive on hotels as a theme . We have a positive rating on both Indian Hotels and Lemon Tree. I would say there are fewer names on the consumption side compared to on the investment and infra side."

These MidCap Index stocks have defied market dynamics, reaching new all-time highs on September 6, 2023.

SBI MD on YONO 2.0, growth, incremental CRR and more

Updated at : 2023-09-06 17:40:02

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"The impact of incremental CRR differs from one institution to another. The large banks may not have significant impact because most of us, the top five-six banks have adequate liquidity in their books but it has indeed taken away some of the liquidity which was available. Also, September is a month of advance corporate tax payments. There will be some pressure on the liquidity and hopefully, RBI will be taking a positive view when they review on the 8th of this month to relax the ICRR."

“Professionals can certainly subscribe to pension. The other aspect is in terms of the gender distribution, one would see that this is quite imbalanced, because only 28% are women in the whole setup of NPS and given that women have longer longevity, they need the pension more. On their own, they can do it and where they cannot, the spouse should enable and give pension.”

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"LinkedIn has become a target for AI-based scams, with scammers creating fake profiles and promising high-paying jobs. These scams gained traction during the pandemic when many professionals were looking for employment and funding. The scammers impersonate influential individuals and use fake email addresses to deceive victims. While LinkedIn takes action to delete fake accounts, the scale of these scams makes it challenging to prevent them completely. "

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