Chanakya

News

Tejas Networks Surges 12% After NEC 5G Deal

Shares of Tejas Networks witnessed a sharp rally after the company announced a strategic manufacturing agreement with Japan-based NEC Corporation to produce carrier-grade 5G massive MIMO radios.

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Main Board IPOs

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SME IPOs

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Market Insights

Monday Options Jackpot

Monday Options Jackpot – Reliance Industries

Reliance Industries is currently trading near Rs.1424 after a mild recovery, with the stock hovering just above its 20-day moving average (Rs.1418). Traders can consider accumulating the 1500 CE on dips,

Nifty Technical Analysis by Nagaraj Shetti

After a fine recovery from the lows of 24300 in the last couple of sessions, Nifty failed to sustain the gains on Friday and slipped into weakness by 315 points. the Nifty could retest the Wednesday’s low of 24300.

FII data

FII Data Today

Till 12th February, the FIIs have been net buyers to the tune of Rs. 6021.85 Cr. in cash segment & net sellers of Rs. 35381.68 Cr in F&O Index.

Best Stock to buy Today

The scrip has shown a sharp improvement in short-term momentum, with the stock closing at Rs.196.05. Traders may therefore consider accumulating the stock on dips for a potential move toward the Rs.211–228 zone.

Best Intraday Stocks to buy – Vaishali Parekh

Global geopolitical tensions and a sharp spike in crude oil prices kept investors on edge, leading to a volatile and weak trading week for the Indian stock market. The Nifty 50 must hold the crucial support level of 24,300.

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Commodity Insights

Kaynat Chainwala, Associate Vice President, Commodity Research, Kotak Securities

Chanakya Global Commodity Radar

Bullion: Volatility Persists Amid Dollar Strength and Geopolitical Risks, Base Metals: Mixed Trends as Dollar Strength Caps Gains, Natural Gas: LNG Supply Risks Push Prices Higher.

Currency

Chanakya Currency Radar – 10 March

The USD/INR pair ended the latest session around 92.13, continuing its gradual upward trajectory visible on the recent daily candlestick chart. USD/INR has been forming a sequence of higher highs and higher lows,