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Markets are booming and that is very evident from my results also. My numbers are growing. So, I do not see any kind of slowdown. We believe that the coming months going forward the market should further improve.

The stock traded at a P/E multiple of 62.42, while the price-to-book value ratio stood at 7.18.

The S&P BSE MidCap Index saw an impressive display of strength on July 24, 2023, with companies like Aurobindo Pharma, Canara Bank, and General Insurance Corporation leading the rally.

A total of 38,006 shares changed hands on the counter till 01:58PM (IST)

Over 80 stocks, including Mphasis, Tanla Platforms, United Spirits, Ashok Leyland, and Union Bank of India, were reportedly trading in an overbought zone as of July 21, indicating potential price corrections. Technical indicator Relative Strength Index (RSI) values of 70 or more suggest an overbought condition

The data was sourced from BSE at 1.20 pm, and the updates from the real-time data could come with a lag. The below data also pertains only to the time at which it was taken.

​So credit growth has been much robust at the start of this fiscal year versus what people would have envisaged. NIMS in general, the decline is broadly in line with expectation, and I would say perhaps slightly lesser than what people would have anticipated.

​Here we have listed 5 major stocks that are said to be in the trending phase as the ADX crossed 25 from below. Note the data is based on the previous trading day’s data (July 21, 2023). (​

Twenty-four stocks on the overbought zone exhibited a declining RSI trend, according to StockEdge. Among the ten selected overbought stocks with a bearish RSI trend are Bajaj Finserv, Alembic Pharmaceuticals, Rallis India, and Cipla.

​Typically, overbought situation hints at a sell signal on the counter.​