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NMDC among 4 stocks closed crossing above VWAP
Four stocks from the Nifty500 universe closed more than 1% above their VWAP on June 1, signalling strong intraday buying interest and improving sentiment. Closing above the Volume Weighted Average Price is considered a bullish indicator, suggesting sustained demand, accumulation by market participants and the potential continuation of upward price momentum.
Ahead of Market: 10 things that will decide stock market action on Tuesday
Benchmark indices Sensex and Nifty fell for a fourth straight session amid elevated crude oil prices, geopolitical tensions and persistent selling pressure. Market breadth remained weak, technical indicators turned bearish, while select stocks including Wockhardt and NMDC Steel attracted buying interest and hit fresh highs.
Market Trading Guide: NMDC among two stock recommendations for Tuesday
Indian benchmark indices extended losses for a fourth straight session as FII selling and geopolitical concerns hurt sentiment. Amid the weakness, analysts recommend NMDC and Laurus Labs, citing bullish chart patterns, strong momentum, breakout formations and favorable technical indicators for further upside.
Adani Energy Solutions Ltd soars 0.09%, gains for fifth straight session
Adani Energy Solutions Ltd is quoting at Rs 1541.5, up 0.09% on the day as on 12:44 IST on the NSE. The stock is up 77.76% in last one year as compared to a 3.64% slide in NIFTY and a 15.14% slide in the Nifty Energy.
Adani Green Energy Ltd up for fifth session
Adani Green Energy Ltd is quoting at Rs 1499.4, up 0.64% on the day as on 12:44 IST on the NSE. The stock is up 47.82% in last one year as compared to a 3.64% drop in NIFTY and a 15.14% drop in the Nifty Energy.
Adani companies extend rally to recoup losses sparked by Hindenburg
Adani Group companies have recovered nearly $150 billion in market value lost after the 2023 Hindenburg report. Strong rallies in Adani Power, Adani Total Gas and Adani Enterprises, along with easing regulatory concerns and rising investor confidence, have driven the conglomerate’s remarkable market comeback.
Top Gainers & Losers on May 27: JP Power Ventures, Adani Total Gas, HFCL, Swiggy, Suzlon Energy among top gainers
On May 27, the Indian stock market showed little movement amidst US-Iran conflict uncertainty. The Nifty 50 closed down 0.03%, and the Sensex fell 0.19%. Sector performance varied, with Nifty Media rising 3% and Nifty Private Bank among the top decliners.
NMDC Ltd spurts 1.3%
NMDC Ltd is quoting at Rs 91.85, up 1.3% on the day as on 12:49 IST on the NSE. The stock is up 29.62% in last one year as compared to a 3.32% drop in NIFTY and a 48.47% drop in the Nifty Metal index.
Adani Power Ltd spurts 2.08%
Adani Power Ltd is quoting at Rs 249.62, up 2.08% on the day as on 12:49 IST on the NSE. The stock is up 126.64% in last one year as compared to a 3.32% drop in NIFTY and a 14.75% drop in the Nifty Energy index.
Lloyds Metals & Energy Ltd spurts 1.61%, up for five straight sessions
Lloyds Metals & Energy Ltd is quoting at Rs 1883.6, up 1.61% on the day as on 12:44 IST on the NSE. The stock is up 38.9% in last one year as compared to a 3.3% gain in NIFTY and a 48.48% gain in the Nifty Metal.
Tata Steel Ltd gains for fifth session
Tata Steel Ltd is quoting at Rs 214.82, up 2.07% on the day as on 12:44 IST on the NSE. The stock is up 33.23% in last one year as compared to a 3.3% drop in NIFTY and a 48.48% drop in the Nifty Metal.
Adani Power surpasses Infosys in market capitalisation after 126% rally in one year - The Economic Times
Adani Power surpasses Infosys in market capitalisation after 126% rally in one yearThe Economic Times