Stocks with a negative sentiment
ICICI Bank: The Mumbai tax office has sent ICICI Bank a show-cause notice for a ₹216 crore GST demand.👍🏻
BHEL: Mysuru Audit sent BHEL a ₹65.75 crore GST show-cause notice for 2019–2023.
ICICI Bank: The Mumbai tax office has sent ICICI Bank a show-cause notice for a ₹216 crore GST demand.👍🏻
BHEL: Mysuru Audit sent BHEL a ₹65.75 crore GST show-cause notice for 2019–2023.
అమ్మలగన్నయమ్మ ముగురమ్మల మూలపుటమ్మ చాల పెద్దమ్మ సురారులమ్మ కడుపాఱడి పుచ్చినయమ్మ తన్ను లో నమ్మిన వేల్పుటమ్మల మనమ్ముల నుండెడియమ్మ దుర్గ మా అమ్మ కృపాబ్ధి నిచ్చుత మహత్త్వ కవిత్వ పటుత్వ సంపదల్.
సర్వయంత్రాత్మికే సర్వతంత్రాత్మికే సర్వమంత్రాత్మికే సర్వముద్రాత్మికే
సర్వశక్త్యాత్మికే సర్వచక్రాత్మికే సర్వవర్ణాత్మికే సర్వరూపేజగన్మాతృకే
హే జగన్మాతృకేపాహి మాం పాహి మాం పాహి పాహి
మీకు మీ కుటుంబ సభ్యులకు విజయదశమి శుభాకాంక్షలు💐💐🙏
మీ..🤝.. CHOICEOPTION TRADING INSTITUTE
సర్వయంత్రాత్మికే సర్వతంత్రాత్మికే సర్వమంత్రాత్మికే సర్వముద్రాత్మికే
సర్వశక్త్యాత్మికే సర్వచక్రాత్మికే సర్వవర్ణాత్మికే సర్వరూపేజగన్మాతృకే
హే జగన్మాతృకేపాహి మాం పాహి మాం పాహి పాహి
మీకు మీ కుటుంబ సభ్యులకు విజయదశమి శుభాకాంక్షలు💐💐🙏
మీ..🤝.. CHOICEOPTION TRADING INSTITUTE
The BSE and the NSE will remain closed on October 02 on account of the Mahatma Gandhi Jayanti/Dussehra
• NIFTY Daily Chart Analysis:
Nifty formed a small-bodied green candle with a long upper wick, indicating selling pressure at higher levels.
• Most intraday gains were erased after encountering resistance near the 25,220 zone.
• Nifty trades above the 50SMA, maintaining a short-term bullish bias; a breakdown below 50SMA could indicate weakness.
• 1-Hour Chart Analysis: Nifty continues above 50SMA with a higher high-higher low (HH-HL) pattern, indicating strength.
• Resistance faced around 25,220 led to a pullback, but as long as it holds above 25,000, buyer activity is likely, with the potential to retest higher resistance levels.
• Key Levels to Watch:
- Resistance: 25,200-25,220 (current), 25,350 (next)
- Support: 25,000 (immediate), 24,880 (next)
Nifty formed a small-bodied green candle with a long upper wick, indicating selling pressure at higher levels.
• Most intraday gains were erased after encountering resistance near the 25,220 zone.
• Nifty trades above the 50SMA, maintaining a short-term bullish bias; a breakdown below 50SMA could indicate weakness.
• 1-Hour Chart Analysis: Nifty continues above 50SMA with a higher high-higher low (HH-HL) pattern, indicating strength.
• Resistance faced around 25,220 led to a pullback, but as long as it holds above 25,000, buyer activity is likely, with the potential to retest higher resistance levels.
• Key Levels to Watch:
- Resistance: 25,200-25,220 (current), 25,350 (next)
- Support: 25,000 (immediate), 24,880 (next)
• **Daily Chart Analysis**:
- Bank Nifty formed a small-bodied bullish candle with a long upper wick, indicating selling pressure at higher levels.
- Continues to trade above the 50SMA, suggesting underlying strength.
- Sustaining above the 56,000 zone is crucial for maintaining bullish momentum.
- A close below this zone may lead to mild profit booking.
• **1-Hour Chart Analysis**:
- BN is forming a higher high-higher low (HH-HL) pattern, maintaining strength above the 50SMA, which signals an ongoing uptrend.
- Experienced rejection near the 56,500 zone, leading to a pullback.
- Immediate support is at 56,000, which, if held, could lead to another attempt towards higher resistance levels.
• **Key Levels to Watch**:
- **Resistance:**
- 56,500-56,600 – Current resistance zone
- 57,000 – Psychological resistance zone
- **Support:**
- 56,000 – Immediate support zone
- 55,500 – Next support zone
- Bank Nifty formed a small-bodied bullish candle with a long upper wick, indicating selling pressure at higher levels.
- Continues to trade above the 50SMA, suggesting underlying strength.
- Sustaining above the 56,000 zone is crucial for maintaining bullish momentum.
- A close below this zone may lead to mild profit booking.
• **1-Hour Chart Analysis**:
- BN is forming a higher high-higher low (HH-HL) pattern, maintaining strength above the 50SMA, which signals an ongoing uptrend.
- Experienced rejection near the 56,500 zone, leading to a pullback.
- Immediate support is at 56,000, which, if held, could lead to another attempt towards higher resistance levels.
• **Key Levels to Watch**:
- **Resistance:**
- 56,500-56,600 – Current resistance zone
- 57,000 – Psychological resistance zone
- **Support:**
- 56,000 – Immediate support zone
- 55,500 – Next support zone
• The stock market in India closed higher on Tuesday, achieving its fourth consecutive session of gains.
• Profit-taking in certain banking and consumer stocks limited wider market advances.
• Prime Minister Narendra Modi is set to inaugurate the India Mobile Congress 2025 in New Delhi and launch the first phase of the Navi Mumbai International Airport during his visit to Maharashtra.
• UK Prime Minister Keir Starmer has begun a two-day official visit to India.
• Profit-taking in certain banking and consumer stocks limited wider market advances.
• Prime Minister Narendra Modi is set to inaugurate the India Mobile Congress 2025 in New Delhi and launch the first phase of the Navi Mumbai International Airport during his visit to Maharashtra.
• UK Prime Minister Keir Starmer has begun a two-day official visit to India.
• Asian equities opened slightly lower due to Wall Street's pullback from record highs, with MSCI’s regional index falling 0.2%, particularly affected by tech stocks.
• US-listed Chinese shares saw sharp declines ahead of Hong Kong’s post-holiday trading.
• US stocks closed lower amid a lack of fresh economic data caused by the government shutdown.
• Investors depended on secondary indicators and comments from Federal Reserve officials to assess economic health and monetary policy.
• The 10-year Treasury yield increased by 5 basis points to 4.12%, while the 2-year yield remained steady at 3.55%.
• The U.S. dollar reached a six-week high amid fears related to the government shutdown.
• US-listed Chinese shares saw sharp declines ahead of Hong Kong’s post-holiday trading.
• US stocks closed lower amid a lack of fresh economic data caused by the government shutdown.
• Investors depended on secondary indicators and comments from Federal Reserve officials to assess economic health and monetary policy.
• The 10-year Treasury yield increased by 5 basis points to 4.12%, while the 2-year yield remained steady at 3.55%.
• The U.S. dollar reached a six-week high amid fears related to the government shutdown.
• **Titan Company:** Domestic sales increased by 18% in Q2, down from 25% last year due to high gold prices affecting demand for jewellery.
• **Tata Motors:** Jaguar Land Rover's wholesales decreased by 24.2% to 66,165 units in Q2, with retail sales down 17.1% to 85,495 units.
• **JSW Steel:** The Supreme Court will not dismiss the money laundering case tied to the illegal mining activities of Obulapuram Mining Company.
• **CONCOR:** Will transport bulk cement for UltraTech Cement using specialized tank containers, shifting from roadways to railways.
• **Bajaj Finserv:** Announced rebranding of its insurance divisions as Bajaj General Insurance and Bajaj Life Insurance.
• **IDBI Bank:** The government is optimistic about finalizing the IDBI Bank stake sale within this financial year.
• **Bajaj Auto:** Received a tax demand exceeding ₹3.5 crore from authorities in Assam.
• **Godrej Consumer Products:** Expects mid-single digit revenue growth in Q2FY26, with GST reductions likely to boost volume growth.
• **Paytm:** Plans a significant rebranding initiative focusing on artificial intelligence, as stated by its founder and CEO, Vijay Shekhar Sharma.
• **KPIT Technologies:** Increased stake in N-Dream by 62.9% through KPIT Technologies (UK), totaling 88.9% for €16.35 million.
• **Tata Motors:** Jaguar Land Rover's wholesales decreased by 24.2% to 66,165 units in Q2, with retail sales down 17.1% to 85,495 units.
• **JSW Steel:** The Supreme Court will not dismiss the money laundering case tied to the illegal mining activities of Obulapuram Mining Company.
• **CONCOR:** Will transport bulk cement for UltraTech Cement using specialized tank containers, shifting from roadways to railways.
• **Bajaj Finserv:** Announced rebranding of its insurance divisions as Bajaj General Insurance and Bajaj Life Insurance.
• **IDBI Bank:** The government is optimistic about finalizing the IDBI Bank stake sale within this financial year.
• **Bajaj Auto:** Received a tax demand exceeding ₹3.5 crore from authorities in Assam.
• **Godrej Consumer Products:** Expects mid-single digit revenue growth in Q2FY26, with GST reductions likely to boost volume growth.
• **Paytm:** Plans a significant rebranding initiative focusing on artificial intelligence, as stated by its founder and CEO, Vijay Shekhar Sharma.
• **KPIT Technologies:** Increased stake in N-Dream by 62.9% through KPIT Technologies (UK), totaling 88.9% for €16.35 million.