Alembic Pharmaceuticals will be in focus after securing final USFDA approval for Diltiazem Hydrochloride Tablets, a widely used treatment for high blood pressure and angina. The drug is deemed therapeutically equivalent to Bausch Health’s Cardizem. With this approval, Alembic’s total ANDA count rises to 230. The stock closed at Rs 904.20 on Friday, down 14%...Read More
A 5-year swing high represents the highest price a stock has reached within a five-year period. This level often acts as a significant resistance zone where the price has historically struggled to move higher.Read More
Maruti Suzuki will be in focus after recalling 39,506 Grand Vitara SUVs manufactured between December 2024 and April 2025 due to faulty fuel-level indicators. The company will inspect and replace parts free of cost. The recall comes as the Grand Vitara remains a top performer, driven by rising demand for its Strong Hybrid variants. Maruti’s...Read More
Characterised by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it signals strong buying pressure throughout the session.Read More
An uptrend signal is generated when the RSI crosses above 50 from below. “RSI trending up” indicates rising Relative Strength Index (RSI) values, suggesting strengthening price momentum.Read More
Tata Motors shares are under investor watch. The company reported weak September quarter results. Its luxury unit, Jaguar Land Rover, also cut its guidance. This follows a cyber incident impacting Jaguar Land Rover’s performance. Despite challenges, Tata Motors’ domestic operations showed resilience. The company’s multi-powertrain portfolio, including EVs, drove growth.Read More
Kotak Mahindra Bank’s board will consider a share split proposal on November 21, potentially making its stock more accessible. The bank’s Q2 earnings met expectations, though margins saw a sequential dip. Analysts remain cautious, citing underperformance in NIM and slippage trends compared to peers.Read More
Oil prices dipped in early Asian trade, reversing last week’s gains as loadings resumed at Russia’s Novorossiysk port following a Ukrainian attack. Despite the resumption, ongoing Ukrainian strikes on Russian oil infrastructure and Western sanctions continue to be closely watched for potential future disruptions to global supply.Read More
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