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On its market debut day, shares of Jio Financial Services ended with a 5% lower circuit. From Sensex stocks, Power Grid and IndusInd Bank were the top gainers, rising over 2% each

"People tend to forget the risk which the fund has, because of which, many times they are not able to see the probable fall which can come into that particular fund if they invest just seeing the returns. The point is that it is very destructive to just follow the return charts, return performances and the select funds on the basis of those returns."

The IPO comprises fresh equity issue of Rs 162 crore and offer for sale (OFS) of 1.75 crore equity shares.

"Adani Energy Solutions looks to be a better bet compared to other plays in the power space due to its spending on regulated assets, smart meter vertical, and risk-averse investment strategy. The transmission segment of the power sector has the first right to access all collections of DISCOMS, making Adani Energy Solutions beneficial for investors. Moreover, in Mumbai, they are spending heavily to retain their EBITDA margins and ROEs. "

Gold price climbed Rs 50 to Rs 59,300 per 10 gram in the national capital on Monday, according to HDFC Securities. The precious metal had ended at Rs 59,250 per 10 gram in the previous trade.

This article delves into the significance of RSI in assessing stock movements, particularly in overbought stocks. Examining 16 stocks that experienced bearish or declining RSI while being in the overbought zone, ETMarkets highlights 10 stocks as potential case studies.

"NIM contraction might be very marginal in HDFC Bank. Advances growth should be extremely strong. Again, purely in terms of their advances and deposit growth, the numbers are pretty humongous . All the tech issues are largely behind them. Even if valuations are at a premium, which it has always commanded, the second half numbers should be relatively better."

After a decent opening at Rs 265 on BSE and Rs 262 on NSE at 10 am, JFSL stock soon fell under selling pressure amid block deals. It ended the day 5% lower at Rs 248.90 on NSE and at Rs 251.75 on BSE.

​The metric shows the relationship between two moving averages of prices. For calculating MACD, 26-day EMA is subtracted from 12-day EMA. Further, a 9-day EMA of the MACD called the signal line, is plotted on the top of the MACD, ​

The crossing of the 100-day SMA by Adani Green Energy, Amara Raja Batteries, Blue Star, The Ramco Cements, Nestle India, and Sapphire Foods India on August 18 underscores their robust market performance and growth potential.