The consolidation with a negative bias is expected to persist in the upcoming sessions. Below are some short-term trading ideas to consider.
The market is expected to maintain an upward bias amid likely consolidation, with a focus on the outcome of the RBI monetary policy meeting. Below are some trading ideas for the near term.
BLS International has announced an acquisition of a Dubai-based advisory firm to enhance offerings in citizenship and residency programs. Shares of subsidiary BLS E-Services are sharply higher, a day after BLS International hit 52-week high.
Oil and Natural Gas Corporation, Triveni Turbine, Motherson Sumi Wiring India, Bharti Hexacom, Schneider Electric Infrastructure, V-Mart Retail, and Deepak Nitrite will also be in focus on Tuesday.
BLS International Share Price | The company completed the acquisition in iDATA for an overall consideration of ~ Rs 720 crore.
In response to Moneycontrol's email, the company said that it was not aware of such developments happening on social media and Telegram channels.
ICICI Bank was the star performer in the Nifty 50 and formed robust bullish candlestick pattern on the daily charts with healthy volumes. The stock traded above all key moving averages now.
The company's consolidated revenue stood at Rs 437.9 crore for the December quarter in FY24 and operating EBITDA witnessed a growth of 33.6 per cent to Rs 88.6 crore, according to a regulatory filing.
BLS E-Services shares recorded the biggest single-day gains on listing day on closing basis, among IPOs listed since November 2021
BLS E-Services stock opened at Rs 305 on the NSE and Rs 309 on the BSE against the IPO price of Rs 135