Castrol India has seen a golden crossover with the 50-day EMA (exponential moving average) crossing 200-day EMA, which indicates possibility of further uptrend.
The issue of Utkarsh Small Finance Bank is entirely a fresh sale of 20 crore equity shares amounting to Rs 500 crore with a bid of a minimum of 600 equity shares and its multiples thereafter.
As part of its Lakshya 2026 goals started in April 2022, L&T Finance Holdings targets to increase the share of retail in its loan book to 80% by March 2026, grow the segment at a compounded rate of 25% and keep gross NPAs below 3% of advances.
Aster DM Healthcare was the biggest gainer in the Nifty500 index, rising 13.5 percent to see all-time closing high of Rs 325.70. The stock has formed robust bullish candlestick pattern on the daily charts with significantly higher volumes.
Gains for five straight sessions have triggered some caution among traders as they now anticipate profit booking to kick in. However, the bullish sentiment persists as they also foresee a decline in the market to be bought out.