​So my view is cautious because on every higher side we are facing a strong resistance. Coming towards the Bank Nifty, as of now till the time the Bank Nifty is holding its strength on the higher side it is facing a very strong resistance at around 42,800 to 42,600 levels.

"The market falls on two of three occasions in the 30 days post the budget. The probability of such a fall rises to 80% if the market has risen in the 30 days preceding the budget. Only twice in 30 years has the market been up both pre and post the budget," the brokerage said.

APL Apollo Tubes has formed long bullish candle on the daily charts with above average volumes, making higher high higher low for second straight session with momentum oscillator RSI trading above 60 level.

The stock is currently trading at 13x & 12x FY23E/FY24E earnings.

Rites, incorporated in the year 1974, is a Mid Cap company (having a market cap of Rs 9193.95 Crore) operating in Services sector.

“Railway stocks are generally a tactical play. This means investors are buying these stocks as a short-term investment bet based on the anticipation of some announcement from the government,” said Awanish Chandra, Head of Equities, SMIFS.

As discussions around Budget 2023 have already started, the market is also speculating around announcements of new rail projects and divestment of government stake in some listed rail firms.

"The results reiterate our core strength and the USP (unique selling point) of having a diversified business portfolio," Chairman and Managing Director Rahul Mithal said.

"We anticipate that small and mid-cap performance will drive the Indian equity market. We have observed a continuous increase in the number of retail investors over the years, and retail investors often park their cash in mid and small-cap stocks. As a result, we expect mid- and small-cap stocks to do better in the new Samvat year. We also predict that FIIs will resume their robust return."

RITES was up 9 percent to end at record closing high of Rs 410 and formed strong bullish candle on the daily charts with above average volumes. On monthly scale, it has been forming long bullish candle for fifth straight month

The engineering, design and construction company has secured a new business order from Bangalore Metro Rail Corporation for constructing a depot-cum-workshop for Rs 499.41 crore

Continuing its daily rising trend, the stock moved towards its highest level of Jan 2020 (Rs 491.70). The key technical indicators are positively poised on long-term as well as medium-term timeframe charts.

Post breakout from the rounding bottom pattern in August 2022, Jyothy Labs prices retested the neckline and have shown a bounce on upside pointing towards beginning of the trend on the upside.

Jindal Steel & Power gained 3.6 percent at Rs 418.2, continuing uptrend for the third consecutive session, while Mazagon Dock Shipbuilders rallied 7.7 percent to end at record closing high of Rs 461.85, forming a bullish candlestick pattern on daily charts.

The company engaged in engineering consultancy services and construction has ongoing projects in 30 countries. Some of its listed peers in the segment are Ircon International, Rites, Engineers India, NBCC, and VA Tech Wabag.

WAPCOS has ongoing projects in 30 countries and has been associated with over 455 overseas projects, both completed and ongoing. It was placed third among the top five Indian corporations for consulting services between 2017 and 2021. Some of its listed peers in the segment are Ircon International, Rites, Engineers India, NBCC, and Va Tech Wabag.

Rites Ltd. key Products/Revenue Segments include Sale of Products, Consultancy Income, Turnkey Project, Other Services, Lease Rentals, Export Incentives and Other Operating Revenue for the year ending 31-Mar-2022.

Katti had died due to heart attack at a private hospital in Bengaluru on Tuesday night. He was 61. According to sources, Katti collapsed in the bathroom of his Dollar's Colony residence here and was rushed to the hospital. Doctors there said Katti had no pulse when he was brought in.

According to sources, the minister, 61, felt chest pain at his Dollars Colony home and collapsed, following which he was shifted to Ramaiah hospital, where he breathed his last. Speaking to ANI, Bommai called the late minister a "brother" and said that he did a lot of work for the state.

As a responsible manufacturer, the German automaker mentioned that it would resume its efforts to improve road safety awareness while equipping its automobiles with the latest safety technologies and features. "We are deeply saddened by the untimely demise of Cyrus Mistry and Jehangir Pandole in the unfortunate road accident. At the same time we are glad to learn that Anahita Pandole and Darius Pandole are recovering. We wish them a speedy recovery," it noted.

According to archaeologists, the sickle and other restraints were placed to prevent the alleged female vampire from rising from the dead, media reports said.

Mistry, 54, who headed the salt-to-software conglomerate Tata Sons from 2012-16 before an unceremonious exit, and his friend Jahangir Pandole were killed in a road accident in neighbouring Palghar district of Maharashtra on Sunday afternoon. Mistry was returning from a visit to Udvada in south Gujarat, which is the holiest place for people following the Zoroastrian faith.

Cyrus Mistry was born on 4th July 1968. He earned a civil engineering degree from Londons Imperial College of Science and Technology and a post-graduate degree of Master of Science in Management from London Business School. He joined the family business in March 1991 as a Director, overseeing the groups construction business.

​Mistry, who died in a road mishap on Sunday, will be cremated at the Worli crematorium. ​​"Some family members are arriving in Mumbai by tonight (Monday night). Mistry's body will be taken to Worli crematorium tomorrow and will be cremated at 11 am," the family member said.

Mistry was killed in a road accident near Mumbai on Sunday evening. According to Palghar Police, Mistry was travelling from Ahmedabad to Mumbai when his car hit the divider. There were four people in the car. Two died on the spot, including Mistry, while the other two were shifted to hospital.

Meanwhile, the state government submitted that it was in the final stage of preparing the Standard Operating Procedure (SOP) for dignified cremation of deceased in the incidents like Hathras gang rape and murder. "The SOP would soon be notified too," stated state counsel Pranjal Krishna. The court has fixed September 20 as the next date of hearing in the case.

​​​​The NCPCR, in a special leave petition filed on Saturday by advocate Swarupama Chaturvedi, according to people in know of the matter, has challenged a recent order by the Punjab and Haryana High Court that had said in June that a Muslim girl over 16 years of age is competent to enter into marriage with a person of her choice.

The motive behind the murder of Haryana BJP leader Sonali Phogat, who died under mysterious circumstances in Goa, could be property and money, victim's brother Rinku Dhaka said on Saturday.

​​​A group of members from a community attacked and vandalised shops and a place of worship of another social group on Friday evening in Madhapar, located just four km away from the 'Smriti Van' memorial for earthquake victims, which will be inaugurated by Prime Minister Narendra Modi on Sunday.

Area from the Assi Ghat to the Namo Ghat are completely submerged, forcing bodies coming for last rites at Harishchandra Ghat and Manikarnika Ghat to be be cremated either on the nearby streets or on terraces. Due to the space constraint, there is a long queue for cremation.

On Thursday night, her body was moved here from Goa via Delhi. Later, the mortal remains were kept in the mortuary of Civil Hospital Hisar. The body was later taken to her farmhouse here in the morning for people to pay their last respects. Haryana Minister Kamal Gupta, the BJP MLA from Hisar, and another party leader Kuldeep Bishnoi also paid tributes to the deceased.

“In the second half, there is a case for a consolidation because we are talking about wider participation in the market. Some sort of euphoria is building in and so some consolidation is likely to happen around these levels. That is my expectation because if that does not happen, then it becomes vulnerable to a bigger correction later. ”

The attack took place in Chotigam village, where the two brothers, Sunil Kumar Bhat and Pitambar Kumar Bhat, were working in their apple orchard near their residence.

Harbola was part of a 20-member troop that was dispatched to the world's highest battlefield for 'Operation Meghdoot' to fight Pakistan in 1984. During patrolling, they came in the grip of an ice storm. While the bodies of 15 soldiers were recovered, those of the other five could not be found and Harbola was one among them.

The 65-year-old breathed his last at his residence in Girgaon, Mumbai.

Delhi Metro is throwing its hat in the ring for consultancy and construction projects across the world — from Egypt to Vietnam — to ramp up its revenue from non-ticketing sources.

Under the Memorandum of Understanding (MoU) signed between the two organisations on Monday, they aim to collaborate on areas related to green building, performance audit, energy efficiency projects, research work related to net-zero targets of the railways.

The actor had been suffering from kidney ailments for the past four years.

"The heinous murder of our party worker Praveen Nettar from Sullia in Dakshina Kannada is condemnable. Those involved in the heinous act will be arrested soon and will be punished as per law," Bommai said in a tweet. Later speaking to reporters, Bommai said since the incident took place close to Kerala border, Karnataka police is in contact with its counterpart there.

Rajapaksa, one of a clan of four brothers who have dominated the country's politics in recent years, was defence secretary under his brother Mahinda's presidency from 2005 to 2015. He has denied allegations that at least 40,000 minority Tamil civilians were killed by troops under his command during the closing months of the war.