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Dow rises 7 points, S&P 500 opens higher by 3 points while Nasdaq gains 21 points at the opening bell

In 2014, the Japanese automaker proposed to set up a separate manufacturing unit in Gujarat, to tap the fastest-growing demand.With an aim to tap domestic demand and drive exports from India, Suzuki Motor established SMG in March 2014. In October 2020, SMG became the fastest production site of Suzuki to achieve accumulated automobile production of 1 million units.

Shares of Piramal Enterprises tanked 8% intraday before settling 5.5% lower on the NSE at Rs 1,013.95. The selling was seen after the firm reported its June quarter earnings and announced Rs 1,750 crore share buyback

As observed on July 28, 2023, stocks crossing their 50-day SMA have presented potential opportunities in various sectors, such as fintech, power generation, chemicals, pharmaceuticals, industrial manufacturing, packaging, energy, hospitality, and specialty chemicals.

The Relative Strength Index (RSI) is a powerful tool that helps investors assess stock movement and momentum. RSI values above 50 indicate an uptrend, while values below 50 suggest a downtrend. ETMarkets handpicked 10 trending stocks based on upward momentum in their RSI

After forming a series of higher highs and higher lows over the last 2 months, Nifty seems to have formed minor degrees of lower highs and lower lows in the last 4-5 sessions amidst range movement. This pattern could be reflecting ongoing consolidation in the market.

In this article, we explore the concept of RSI, its significance in analyzing stock trends, and delve into the top 10 stocks, carefully selected by ETMarkets, that are currently trading in the overbought zone with bearish RSI trends, based on data sourced from StockEdge on July 28, Friday

"The Board decided to honor, with a special dividend - One for Each Magnificent Decade -in which Mr Naik transformed L&T.The Rs 6 dividend to shareholders is only a token of our affection, esteem, and, most importantly, gratitude towards A M Naik," SN Subrahmanyan said.

The Nifty Realty index was trading 0.24 per cent up at 564.3.

As Q1 earnings are ​underway, a host of brokerages upgraded the target price on a number of scrips.