Above Stocks
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Above Stocks is an Indian stock market update group. We provide our recommendations for educational purposes only. Consult ur financial advisor before performing any trades.
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Zone Indicator Breakout in Wipro
πŸ‘2❀1
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Shocking listing for Suraj and Muthoot MF both -5%

And below expectation listing for motisons at β‚Ή109 (+98%)
πŸ”₯πŸ”₯BIG BREAKING

βœ… It’s finally confirmed - Indian Railways will invest a record β‚Ή7 Trillion to upgrade rail infrastructure

πŸ“ˆStocks to Benefit

πŸš‚ Texmaco Rail
πŸš‚ Railtel Corp
πŸš‚ Rites Ltd
πŸš‚ HBL Power Systems
πŸš‚ Jupiter Wagons
πŸš‚ Titagarh Rail Systems
πŸš‚ KEC International
πŸš‚ IRCON International
πŸš‚ RVNL
πŸš‚ IRFC
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News for 26th December 2023

- Biocon's shares gained nearly 2% after its subsidiary signed a distribution agreement with Sandoz for an immunity-linked injection in Japan.
- On December 26, the Indian equity benchmarks closed in the green, with the Sensex up 0.32% and the Nifty up 0.43%.
- HPCL surged 4% due to Maersk's decision to resume operations through the Red Sea route.
- Paytm shares fell over 1.5% after the company laid off over 1,000 employees.
- Bharat Electronics surged 4% after bagging orders worth Rs 678 crore.
- Motisons Jewellers made a blockbuster debut, ending at over 88% premium against the IPO price.
- RBL Bank's shares were down nearly 4.5% due to serious deficiencies in the bank's co-branded credit card partnership with Bajaj Finance.
- Inox Wind shares were up nearly 3% owing to the company's successful acquisition of a repeat order of 279 MW.
- Suraj Estate Developers Ltd shares ended 7% lower on debut day.
- Muthoot Microfin made a disappointing debut on bourses, ending at an 8.5% discount to the issue price.
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Again today also below expectations listing for Mufti at β‚Ή282.35(+0.84%) and for happy forging at β‚Ή1000 (+17.65%)

Flat listing for RBZ jewels @ β‚Ή100 (+0%)
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27th December (Wednesday)

πŸ’šFII bought : +2,926.05 Crores
πŸ”»DII sold : -192.01 Crores
When The Dollar Depreciates (DXY)⬇️

Metal (Sail,Nalco,Copper) Appreciate⬆️
Tata Motors at High 800
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Today's stock market highlights include:

Sensex and Nifty's Performance: The domestic equity benchmarks Sensex and Nifty50 ended the last session of 2023 on a muted note. Sensex dropped by 170 points, closing at 72,240, while Nifty settled at 21,731, down by 47.3 points. Despite this, they delivered around 20% returns for the year, marking their second-best yearly performance since 2017​​​​.

Stocks Hitting 52-week Highs: Notable stocks like Nestle India, Tata Motors, and others hit 52-week highs, showing significant performance in the market​​.

Stock Recommendations: Vikas Sethi recommended buying Bombay Dyeing and Rain Industries shares, setting target prices and stop losses for each​​.

Top Drags of Nifty 50:
Major contributors to Nifty 50's drag included ICICI Bank, RIL, and Infosys​​.

Sectoral Performance: Nifty IT and Nifty Bank traded significantly lower, with Nifty IT dropping over 150 points and Nifty Bank over 250 points​​​​.

RailTel Corporation's Gain:
RailTel Corporation shares soared over 5% following the company's order win from South Central Railway​​.

OMCs Performance: Shares of oil marketing companies like HPCL, IOCL, and BPCL declined after reports suggested possible cuts in petrol and diesel prices ahead of the general elections​​.

Tata Motors' All-Time High:
Tata Motors shares hit an all-time high, with a year-to-date gain of 105%, spurred by developments in the Electric Vehicle policy​​.

Tata Consumer Products' Milestone: The company's market capitalization crossed Rs 1 lakh crore for the first time, with shares hitting an all-time high on BSE​​.

Financial Sector Outlook: According to a report by Citi, stress in the financial sector is lower than anticipated, though there's a risk build-up in consumer credit​​.

Kalpataru Projects' Surge: Shares of Kalpataru Projects International Ltd hit a 52-week high after securing orders worth Rs 3,244 crore​​.

Innova Captab IPO Listing: Innova Captab had a muted debut on the NSE and BSE, listing at a slight premium to its IPO price​​.

Upcoming Special Trading Session: BSE and NSE will conduct a special trading session on January 20 to test a disaster recovery site​​.
Above Stocks
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Ceinsys Tech @ 390
10% upper circuit today
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Exactly after 3 PM, huge selling was seen in Nifty and Bank Nifty, Be ready to add stocks, when the market gives more dip.
1st January (Monday) - FII DII Cash Market Activity

🚨FII sold: -855.80 Crores
😍DII bought: +410.46 Crores

Nifty @ 21,741
πŸ”Ό+10 points (+0.1%)
Everyone is bearish, only retails are bullish.

Always retail investors falls into the trap πŸ˜“πŸ˜’πŸ§
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Nifty Broke the days low and also the previous days low.
More downfall can be seen.

Now Nifty @ 21550