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“Tata Steel has long had a roadmap to build a very meaningful long portfolio and the acquisition of NINL and its endeavours around that are a manifestation in that direction. With Tata Steel Long Products coming in the ambit of Tata Steel, their long products would get one strategic direction.”

The global investment bank added the stock to its Conviction List. The business model is continuing to show strong traction, it noted. The global investment bank expects it to be one of the most compelling growth stories at an attractive price.

The central banks of the eurozone, Switzerland and Canada have also recently taken on aggressive monetary tightening measures. So, largely as this restrictive monetary policy tends to negatively impact economic output, riskier assets including cryptocurrencies will be weighed down.

AGS Transact Technologies Ltd., incorporated in the year 2002, is a Small Cap company (having a market cap of Rs 1015.54 Crore) operating in General sector.

Dabur India Ltd. key Products/Revenue Segments include Personal Care, Other Operating Revenue and Scrap for the year ending 31-Mar-2022.

A total of 2,461 shares changed hands on the counter till 11:47AM (IST).

In the stock market, many investors avoid buying higher-priced stocks (higher share price) for fear that they might end up losing more if stocks slipped as these types of stocks require a higher amount of investment even to buy a small quantity.

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

“In terms of segments where demand is considerably strong, we are seeing a slew of product launches which has helped in terms of numbers and recovery in terms of overall growth. In terms of the segments within the auto space, especially on the four-wheeler passenger vehicles segment, inventory levels are fairly low. Incrementally demand remains fairly strong. ”

The Nifty Realty index was trading 1.1 per cent down at 445.1.