Nifty near resistance, Bank Nifty losing momentum: Rupak De’s game plan and top stock picks

Nifty’s rally seems to be hitting resistance around 26,200 points while Bank Nifty is showing early signs of fatigue after surging. Rupak De, senior technical analyst at LKP Securities, expects action in the range up to the November expiry and highlights key support and resistance levels along with his top trade ideas in Hindalco, Five-Star […]

JP Power share price rises by almost 30% in two days after Adani Group wins creditor round to acquire JP Associates

Shares of Jaiprakash Power Ventures (JP Power) rose 11.75% to Rs 22.63 on Thursday, continuing the sharp 15% gain from the previous day as investor sentiment improved following a major breakthrough in Jaypee Group’s insolvency proceedings. Over the last two trading sessions, JP Power shares are up nearly 30%.The rally comes after Gautam Adani-led Adani […]

Ahead of Market: 10 things that will decide D-Street’s action on Monday

The Indian market advanced on Friday, supported by gains in financial heavyweights amid renewed inflows of foreign portfolio investors (FPIs) over the past three sessions. Optimism ahead of the quarterly earnings season added to the bullish sentiment, although Tata Consultancy Services (TCS) limited broader gains after reporting weaker-than-expected quarterly results in September. The S&P BSE […]