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The Relative Strength Index of the stock stood at 48.34 on Thursday.

Info Edge shares rise 1.29% as Nifty drops

Updated at : 2022-10-20 12:20:01

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The stock quoted a 52-week high price of Rs 7077.9 and a 52-week low of Rs 3314.0.

The relative strength index (RSI) is at 71.1. RSI above 70 is considered overbought. This implies that stock may show pullback, Trendlyne data showed. MACD is above its center and signal line, this is a bullish indicator.

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Gujarat Fluorochemicals Ltd. key Products/Revenue Segments include Other Products, Gases Refrigerant, Caustic Soda, Other Operating Revenue, Export Incentives, Scrap for the year ending 31-Mar-2021.

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Citing good monsoon, inflows into gold ETF, and correction in the domestic gold price during September, Prathamesh Mallya, AVP- Research at Angel One said “Our advice to investors is to purchase gold this Diwali as it is advisable to divest at least 10 per cent of one’s portfolio into gold and Diwali is an auspicious occasion to buy the yellow metal.”

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Gold futures on the MCX, at around 9:09 am, traded with a cut of 0.25% at Rs 50,074 per 10 grams. In the previous session, it closed at Rs 50,212, falling 0.4%. Silver futures, meanwhile, were also trading lower with a fall of 0.64% at Rs 55,657 per kg.

Buy Cipla, target price Rs 1320: Axis Securities

Updated at : 2022-10-20 12:20:01

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Cipla Ltd., incorporated in the year 1935, is a Large Cap company (having a market cap of Rs 91652.55 Crore) operating in Pharmaceuticals sector.

"2022 has been a challenging and eventful year for the markets. Higher inflation globally, Ukraine-Russia war, “higher for longer interest rates” narrative are some of the factors that have led to heightened volatility in the markets. However, over the medium to long term, we believe equities as an asset class, tend to deliver returns in line with the earnings growth of the companies."

Max Financial shares down 0.62% as Sensex falls

Updated at : 2022-10-20 12:20:01

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A total of 16,440 shares changed hands on the counter till 11:21AM (IST)

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Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside.

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