Tata Power shares, which hit a 52-week low of Rs 182.45 on March 28, 2023 closed at Rs 235.30 in the previous session, delivering 28.95% returns during the period.
Shares of Tata Power Company Ltd are trading at their key support level of Rs 218 today, a level which they briefly breached on the downside in the previous session. The stock has arrived the support level after a gap of 12 sessions. Tata Power stock hit an intraday low of Rs 217.55 on Thursday, before closing at Rs 219.50 on BSE. They touched an intraday high of Rs 221.50, also the opening level in the previous session.
Stocks to watch today: For domestic markets, an important influencer will be the commentary on growth and inflation forecasts by the RBI MPC meeting given the general consensus that rate pause will continue. Tata Power, Titan, Zomato, Uniparts India among stocks to watch on Wednesday, June 7, 2023.
Stocks in focus today: Nifty50 is gradually inching higher towards its life highs supported by smart gains index heavyweights. Wipro, Paytm, SBI Cards, Tata Power among stocks to watch on Tuesday, June 6, 2023.
Stocks in focus today: The short-term trend of Nifty seems to have cooled off after a decent upside movement. Adani Enterprises, Adani Power, HDFC, Paytm are among the stocks to watch on Friday, May 5, 2023.