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Tata Investment Corporation shares have surged over 18% in five days, driven by speculation that N Chandrasekaran will secure a third term as Tata Sons Chairman. This development is significant as Tata Sons holds a majority stake in the company. The stock’s rally is supported by strong technical indicators and growing retail investor interest.
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Four Nifty500 stocks including Oil India, Tata Investment Corporation, Godrej Industries and Newgen Software Technologies showed bullish momentum on February 19, with RSI crossing above 50. The RSI Trending Up scan indicates strengthening price momentum, signalling potential upward movement and offering traders cues for identifying short-term buying opportunities in these stocks.
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Five Nifty500 stocks, including Lloyds Metals & Energy and Welspun Living, signalled bullish momentum on December 10 with RSI crossing above 50. The RSI Trending Up scan highlights strengthening price trends, indicating potential upside and helping traders identify short-term buying opportunities based on improving technical indicators.
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Shares of Waaree Energies are in focus after the company confirmed talks with Andhra Pradesh and other states to set up a 16–20 GWh lithium-ion battery gigafactory. The Rs 8,000–8,175 crore project, approved by the state, aims to create 3,000 jobs and strengthen India’s clean-energy and storage capabilities.
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Zydus Lifesciences is in focus after receiving USFDA clearance with zero observations for its Ahmedabad facility and launching ANYRA, India’s first indigenous Aflibercept biosimilar. The developments strengthen its regulatory standing and expand its ophthalmology portfolio, positioning the company to tap into a large and growing domestic market for retinal therapies.
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