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Fund managers hiked exposure in KIMS, Affle India, KEI Industries, Westlife Foodworld, Birlasoft, CIE Automotive India, MCX, Narayana Hrudayalaya, Cholamandalam Financial Holdings and Home First Finance, shows data pulled from the records of Finalyca by PMS Bazaar.

"Companies like Bhel, which have the spare capacity, which have the technology, which have been more or less pre-qualified for many projects and orders are getting the true benefit of it. So, from a valuation perspective, from near-term prospects and also medium-term prospects, certainly there is a trading opportunity in Bhel and with the kind of momentum that is in the stock, it can easily rally by another 10-15% or so. But I would not like to invest in Bhel in the longer term."

Sharma responded to the issue on his official X handle and said, "We have submitted all reqd reconciled remittance data to SEBI today, totalling to Rs.56.65 Cr for 1.5 Cr shares @ 37.7 RS= 56.65 Cr. Delay was because of bank reconciliation data pending from Co. We look forward to early closure of the matter".

​4 major stocks that may witness uptrend​

Updated at : 2023-08-23 10:20:02

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​It is a two-bar candlestick pattern formed after a downtrend. The first bar is a red candlestick, normally followed by a standard or long legged Doji. This Doji is completely engulfed by the preceding candle.​

The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock.

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​This indicates a bullish sentiment in these counters as the average traded and delivered quantity for 5 days, the cumulative open interest, and the price of the stocks have increased​

The rise in the cost of capital acts as a drag on equity valuations. However, double-digit earnings growth of corporates in the listed space recouped the drag on valuations due to higher interest rates delivering overall flattish returns.

A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond.

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The company has been in turmoil ever since its plans to go public in 2019 imploded after investors recoiled at its hefty losses, corporate governance lapses and the management style of then founder-CEO Adam Neumann.

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Indian frontline indices S&P BSE Sensex and Nifty50 ended flat on Tuesday as gains in auto and FMCG stocks were overshadowed by weakness in banks and IT stocks. The S&P BSE Sensex ended at 65,220.03, up 4 points or 0.01% while the broader Nifty50 settled at 19,396.45, lower by 3 points or 0.01%.

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