On March 9, five Nifty500 stocks appeared in the bullish White Marubozu scanner, signalling strong buying momentum through the session. The long shadowless candlestick reflects firm demand and bullish sentiment. Traders often interpret this pattern as buyers maintaining control from open to close, indicating potential continuation of the prevailing uptrend.Read More
Dixon Technologies will be in focus after receiving government approval to form a joint venture with China’s HKC Overseas to manufacture display modules in India. The partnership aims to boost local electronics manufacturing, support the domestic component ecosystem and reduce import dependence under the government’s Make in India initiative.Read More
Five NSE-listed companies with market capitalisation above Rs 10,000 crore, including Cupid and Reliance Industries, have shown a bullish Relative Strength Index (RSI) crossover above the 50 mark, according to StockEdge data. The move signals strengthening price momentum and may indicate potential buying opportunities for traders tracking technical indicators.Read More
The Rs 255 crore Rajputana Stainless IPO entered its second day of bidding with a modest grey market premium of about Rs 2. The issue was subscribed 30% on Day 1, led by strong interest from institutional investors, while retail participation remained muted ahead of the March 11 closing.Read More
Reliance Industries, ONGC, Oil India shares dropped up to 3% as Brent crude prices dropped significantly. This decline followed comments from US President Donald Trump suggesting a swift end to the Iran conflict. Earlier, prices had surged due to supply disruption fears. The fall eases concerns about prolonged global oil supply issues and potential impacts on India’s economy.Read More
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