We are seeing noticeable traction in the FMCG counters and ITC is trading in sync with the move. It has formed a buying pivot, after registering a breakout from bullish continuation pattern.
Traders should closely monitor this level, as any breach could lead to further downside, and the market might see a sell-off in auto stocks.
Dixon targets Rs 48,000 crore in revenue from IT hardware under the PLI scheme over the next six years
The Congress party levelled fresh allegations against Sebi chairperson Madhabi Buch and her husband, accusing her of 'wilful ignorance' when faced with a conflict of interest
With Wednesday's correction, the stock of the automobile company has plunged 17 per cent from its record high level of Rs 1,179.05 on July 30, 2024
Amendment to SCRA to allow brokers venture into other businesses as long as client funds are protected
Public offer gets subscribed over 67x, cumulative bids exceed Rs 3.24 trillion
Report from blockchain analytics company Chainalysis which tracks adoption across four sub-categories in 151 countries, showed India ranked high on usage of centralized exchange finance assets
Inflows into flexicap funds surged to Rs 3,513 crore in August, the highest since the category was introduced in December 2020
Brent crude price today: Analysts prefer aviation and tyre stocks among the lot, but remain cautious on paints and oil marketing companies