As of March 13, five NSE F&O stocks saw a sharp rise in futures open interest, signalling heightened derivatives activity. Rising OI reflects stronger participation as traders initiate fresh positions or add to existing ones. This technical indicator highlights growing conviction around the near-term price direction in these stocks.Read More
Coal India’s subsidiary, Central Mine Planning & Design Institute, is launching its IPO. The price band is set between 163 and 172 rupees per share. The offer for sale opens on March 20 and closes on March 24. This IPO aims to raise 18.38 billion rupees. The company provides consultancy for coal and mineral exploration.Read More
VA Tech Wabag share price gained over 5% after it secured a major contract from Chennai Metropolitan Water Supply and Sewerage Board. The project involves building a looped transmission network for Greater Chennai City. This initiative aims to create a city-wide water grid for improved supply and resilience. The contract value is around Rs 1,000 crore. Wabag’s order book now exceeds Rs 16,300 crore.Read More
Shares of oil marketing companies HPCL, BPCL and IOC will remain in focus as global crude prices stay above $100 amid escalating tensions in West Asia and the prolonged disruption of the Strait of Hormuz. Analysts warn that sustained high crude prices could pressure margins and fuel inflation concerns.Read More
On March 13, the closing prices of five stocks from Nifty500 dropped over 2.5% relative to the VWAP (Volume Weighted Average Price), and a shift below the VWAP suggests a potential bearish trend, according to stockedge.com’s technical scan data.Read More
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