As of March 11, seven NSE F&O stocks saw a sharp rise in futures open interest, signalling heightened derivatives activity. Rising OI reflects stronger participation, with traders initiating fresh positions or adding to existing ones. This technical signal highlights growing conviction on near-term price direction in these stocks.
On March 11, three NSE stocks with a market capitalisation above Rs 10,000 crore featured in the White Marubozu bullish scan, according to StockEdge data. This candlestick pattern signals strong buying interest throughout the session, indicating improving momentum and potential near-term upside that traders track for confirmation of a bullish trend.
The Rs 323 crore Innovision IPO has entered its final day of bidding with grey market premium around 13%. The issue has seen modest demand so far, with overall subscription at 12% after two days. Brokerage Swastika Investmart has advised avoiding the IPO due to high valuation and thin margins.
We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
Oil prices surged over 7% to near $100 per barrel despite the International Energy Agency announcing its largest-ever coordinated release of emergency reserves. Traders remain skeptical that the 400-million-barrel stockpile drawdown will offset supply risks from the escalating Middle East conflict, particularly if disruptions persist in the Strait of Hormuz, a key global oil transit route.
Global markets are on edge as oil prices surge, nearing $100 a barrel. This spike fuels inflation fears, prompting central banks to consider aggressive interest rate hikes. The U.S. dollar is strengthening as investors seek safety. Tensions in the Strait of Hormuz add to market volatility. Economists warn of slower global growth. Cryptocurrencies are also experiencing a downturn.
Markets experienced a sharp decline of over 1.5% on Wednesday, driven by weak global cues and geopolitical tensions, with Nifty approaching its previous swing low. Several companies like IndiGo, IDFC First Bank, and Ashok Leyland are in focus due to significant news developments, including regulatory dismissals, ED searches, and new investment plans.
Oil rose in Asia on Thursday even after announcements of huge releases of crude from strategic reserves in an attempt to bring down prices in the wake of the Iran war. The United States Department of Energy said Wednesday it will release 172 million barrels from the strategic petroleum reserve "beginning next week".
In a move aimed at easing compliance requirements, markets regulator Sebi on Wednesday relaxed certification norms for Persons Associated with Research Services (PARS), allowing sales staff, relationship managers and other non-research personnel to qualify through a lighter certification module.
Despite a sharp market downturn, select gas and water-related stocks delivered strong gains. Adani Total Gas hit the upper circuit on policy support, while Jindal SAW surged after the Jal Jeevan Mission extension, lifting several allied companies even as broader indices like BSE Sensex and Nifty50 fell.
Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.