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Fertilizers stocks: Union Budget 2024: Fertilizer stocks in focus. Here's what FM said

Finance Minister Niramala Sitharaman announced the expansion of Nano DAP application on various crops in all agro-climatic zones. This is part of the initiatives by the Modi 2.0 government. Fertilizer stocks were weak, with Rashtriya Chemicals and Fertilizers, Fertilizer and Chemicals Travancore, Chambal Fertilizers & Chemicals, Khaitan Chemicals & Fertilizers, and Gujarat State Fertilizers & Chemicals trading down. Coromandel International was among the gainers. Sitharaman also announced a strategy for achieving self-sufficiency in oil seeds. The Nifty remained positive, and the FM increased the capex allocation by 11.1%. ....

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PVR Inox, Uflex among 5 stocks with RSI trending down

On November 9, Thursday, StockEdge highlighted a trend with 18 stocks witnessing a downtrend in Relative Strength Index (RSI). ETMarkets narrows the focus to 5 stocks, unraveling the implications of RSI movements and why investors should pay attention to these signals. ....

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