Shares of Reliance Power gained as much as 15% to their day’s high of Rs 50.75 on the NSE on Friday, October 10, amid renewed buying interest and strong volumes. Data showed that around 7 crore equity shares of the company changed hands, compared to its one-week and one-month average trading volumes of 2 crore … Read more
Shares of Waaree Renewable Technologies surged as much as 5.2% on Thursday to Rs 1,265.80, extending their three-day rally to 29.8%, as positioned ahead of the company’s June-quarter results scheduled for later today. The stock, which had gained 5% and 17.5% in the previous two sessions, reclaimed the Rs 1,200 level for the first time … Read more
Foreign institutional investors (FIIs) continued their selling spree on Thursday, offloading Indian equities worth Rs 6,867.72 crore even as domestic buyers remained net buyers at Rs 3,718.38 crore. Notwithstanding the sell-off by foreign investors, Indian headline indices on Thursday ended in the green for the second day in a row aided by strong gains in … Read more
“Given the current scenario, deploying 80% of the equity allocation through weekly STP over the next 8-10 weeks is advisable, with the remaining allocation to be adjusted post-election, depending on the prevailing conditions. STP/SIP remains the preferred route for investing,” says Kshitiz Mahajan, CEO of Complete Circle Wealth. In an interview with ETMarkets, Mahajan said: … Read more