Last weekend, my friend and I were discussing the market and how it had performed during the week, including government companies in which my friend has investments. This week, the market faced a decline, hitting crucial support levels due to the conflict between Israel and Hamas. This war not only affected their economy but also …
Stocks/Share Market - Angel One


Countdown to freedom: The intrigue of lock-up period endings
10 October 2023Investors and analysts alike are eagerly awaiting the culmination of lock-in periods, which vary in duration from as short as 30 days to as long as two years. This wide range of lock-in durations adds a fascinating layer of complexity to the impending market dynamics. As the clock ticks down, the market braces for the …

Chemical industry in transition: Who will thrive?
10 October 2023The Indian chemical industry is divided into two main segments: basic chemicals and speciality chemicals. Basic chemicals include petrochemicals, fertilizers, and inorganic chemicals. Speciality chemicals include agrochemicals, pharmaceuticals, and dyes. India is the world’s sixth-largest producer of chemicals and the third-largest producer in Asia. The industry is expected to grow at a CAGR of 9% …

Gujarat Mineral Development Corporation continues its impressive streak of setting new records
10 October 2023Indian frontline indices opened the trading session with a substantial upward momentum, propelled by upbeat global indicators. Furthermore, Asian stock markets displayed resilience today, rebounding from recent losses attributed to the impact of the Israel-Palestine conflict. The broader indices significantly outperformed the primary indices. Gujarat Mineral Development Corporation Ltd took the lead as the top …

Shining bright: A comprehensive guide to analysing gems and jewellery sector stocks
10 October 2023The Gems and Jewellery sector, steeped in a history that dates back 5,000 years to the grandeur of the Indus Valley, now stands as one of the nation’s largest and most impactful businesses. Today, it contributes a dazzling 7% to India’s GDP and shines as a beacon in the realm of merchandise exports. This radiant …

Upper Circuit Stocks Today – 10 October, 2023
10 October 2023On Tuesday, the benchmark indices were trading higher with the Sensex up around 369 points or 0.56% at 65,879 and the Nifty-50 up around 104 points or 0.53% at 19,616. About 2,501 shares have advanced, 782 declined, and 146 are unchanged on the BSE. Top gainers and losers on the BSE Sensex index are as …

Upcoming Dividend Paying Stocks In October 2023
10 October 2023Before considering whether to invest in a company, you should analyse the dividend payment, as it is a crucial factor. Dividend-paying stocks give you an opportunity to generate consistent income from your investments. The relationship between dividends and net earnings must be considered, too. Some of the top dividend-paying businesses are wise with their profits. …

Weekly Commodity And Currency Technical Report – 9 October 2023
10 October 2023NSE USD INR (Technical): NSE USDINR Oct, as seen in the weekly chart above, has opened the week gap down to 83.26 levels. Starting at midday on Thursday, the price rallied to a weekly high of 83.38. Later on, the price could not sustain higher levels; it has corrected sharply and made a weekly low of …

Top Two Stocks to Watch Today – 10 October, 2023
10 October 2023Equity indices erased all gains from the previous session and snapped a two-day winning streak as investors remained concerned about escalating geopolitical tensions in the Middle East. Investors dumped equity assets as they turned risk-averse, given concerns that a face-off between Israel and Hamas could further harm the global economy, which is already grappling with …

Nifty and Bank Nifty Analysis and Trading Strategy for October 10, 2023
10 October 2023Nifty View: The Nifty opened lower at 19539, below the 50 DMA. Subsequently, it attempted to recover in the initial hour of trading. Interestingly, it reached an intraday high of 19589, which also happened to be the low of the previous trading session. After testing the prior trading session low, it witnessed a sell-on-rise scenario …

