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5 stocks showing RSI Trending Up on January 27

Updated at : 2025-01-28 10:30:01

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Based on StockEdge data, here are 10 mid-cap stocks from the Nifty 500 index where FIIs increased their stake in Q3:

Even though the Sensex is only down 12% from its 52-week high, over 80% of BSE 500 stocks are in a bear market, with some eroding up to 65% of their value. Investors are cautious ahead of key events, but long-term opportunities remain as market volatility may normalize valuations and yield better entry points.

Bitcoin traded at $101,800 as of 10:21 a.m. Tuesday in Singapore, maintaining most of a 3% drop from the previous session. Cryptocurrencies like Ether and Solana took even larger hits, following a sharp decline in the Nasdaq 100 Index of US tech stocks.

Motilal Oswal Financial Services recommends buying Persistent Systems with a target of Rs 7,600, citing a projected 19% USD revenue CAGR over FY24-27E and superior earnings growth. The company, operating in the IT Software sector, reported Rs 3,104.92 crore income for Q3 2024 and net profit of Rs 372.99 crore. Promoters hold 30.66% stake.

Gold April futures opened higher at Rs 80,355/10 gram, while silver March futures were flat at Rs 90,223/kg. Both metals had settled lower on Monday amid a global sell-off in US tech stocks. Volatility is expected this week, with gold and silver prices influenced by fluctuations in the US Dollar Index, global bond markets, and upcoming US FED meetings.

Samara Capital identifies opportunities in derivative sectors benefiting from long-term trends rather than core sectors. The firm targets sectors like healthcare, technology, and renewable energy. They prefer capital-efficient businesses and look for domestic tech demand. Samara Capital recently invested in the insurance broking sector as an example of their strategy.

Q2 has been slower comparatively; however, we expect the base to turn favorable in the coming quarters. We are keeping our annual EPS expectations unchanged.

Kaynes Technology share price: Co reported revenues of Rs 1,737.30 crore for the 9-month period ending December 31, 2024, marking a robust growth of 49% compared to the same period last year. The company’s orderbook increased from Rs 3,798 crore in Q3FY24 to Rs 6,047 crore in Q3FY25.

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