Latest Stock Market News

The rupee and other Asian currencies were pressured by the rise in U.S. Treasury yields that in turn lifted the dollar against its major peers.

This article delves into the recent market scenario where RSI trends have been on the decline. With a focus on 10 carefully chosen stocks, we explore the significance of RSI in assessing stock movements, aiding investors in informed decision-making.

Discover how RSI offers a nuanced perspective on market movements by examining 10 selected stocks. This article provides insights to potential investors, emphasizing the importance of holistic analysis when interpreting conflicting signals.

Sectorally, buying was seen in consumer durables, realty, metals, and telecom stocks while selling was seen in oil & gas, utilities, public sector, and FMCG.

For more such web stories click on the ET icon below

Net proceeds from the issue are proposed to be utilised towards working capital requirements, general corporate purposes and issue related expenses.

"If Jio Financials goes to Rs 180, I will buy. We just made a thumb rule that for the Reliance shares, we can give them say 10-20% discount. For the cash you give them, say two-two and a half does not matter and that is the price. But you cannot give a premium for the Reliance shares. Reliance itself is a good company. And then you give another premium for holding it."

Crossing the 50-day SMA signals potential upside trends and positive market sentiment.

Since the stock did not hit lower circuits in the last two sessions, the exchange is going ahead with the removal of the stock from the indices.

August 31, 2023, witnessed significant achievements in the Nifty 200 stocks as they reached new all-time highs, showcasing their growth potential and positive market sentiment.