KSB, Endurance Technologies among 10 stocks with RSI trending up
On September 18, Monday, StockEdge identified 30 stocks trending up, a signal that investors often find valuable. ETMarkets has cherry-picked 10 of these stocks to explore their Relative Strength Index (RSI) trends and shed light on why RSI is a crucial tool for assessing stock movements.
KPR Mills, Fortis Healthcare among 10 stocks with RSI trending down
On September 15, Friday, the stock market witnessed intriguing trends in the Relative Strength Index (RSI) of various stocks. ETMarkets has handpicked 10 stocks from a list of 30 that were trading with a declining RSI, providing valuable insights for investors.
Balaji Amines arm Balaji Speciality Chemicals withdraws IPO papers
"In connection with the offer, we have been informed by the BSCL that its Board of Directors through a resolution passed in the Board Meeting dated September 8 has decided to withdraw the DRHP filed with SEBI," Balaji Amines said in a filing.
"In accordance with the Sebi master circular, we would like to submit that there has been a delay in the preparation of the consolidated financial results on account of the unavailability of the management," said Balaji Amines in an exchange filing.
Nestle India, PI Industries among 5 stocks with RSI trending up
RSI can confirm the strength of a stock's trend. When the RSI moves up along with the stock's price, it confirms the strength of the uptrend. Conversely, when the RSI moves down along with the stock's price, it validates the bearish trend
Balaji Amines, EID Parry among 10 Nifty500 stocks trading at 30-50% discount from 52 week highs
Benchmark indices BSE Sensex and Nifty 50 reached new lifetime highs, resulting in positive market sentiments. Nearly 40 Nifty 500 stocks reached their 52-week highs. However, there are some stocks trading at significant discounts from their 52-week highs. These include Balaji Amines, Bank of India, Brightcom Group, Campus Activewear, Central Bank of India, City Union Bank, Crompton Greaves Consumer Electricals Ltd., Deepak Fertilisers & Petrochemicals Corporation Ltd., Delhivery, and EID Parry (India). Investors should evaluate the financials and growth prospects of these stocks.