Business Tips of the Day, today you can bet on Max Healthcare and Adani Ports to earn profits, all signs of boom are visible – business tips today 13th april 2023 shares to watch adani ports and max healthcare
The National Stock Exchange’s Nifty also closed at 17,812.40 points with a gain of 90.10 points, or 0.51 percent. Infosys, Tata Motors, HDFC Bank, Asian Paints, Tech Mahindra, HDFC, Tata Consultancy Services, Sun Pharma and ICICI Bank were major gainers in the Sensex pack. On the other hand, PowerGrid, NTPC, Nestle India, UltraTech Cement, State Bank of India and ITC were among the losers.
In other markets in Asia, South Korea’s Cospi, Japan’s Nikkei and China’s Shanghai Composite were in profit, while Hong Kong’s Hangseng was in loss. There was a sharp trend in the afternoon trade in the major markets of Europe. The US market closed down on Tuesday. Foreign portfolio investors bought shares worth Rs 342.84 crore on Tuesday, according to stock market data.
There is a boom in these stocks
Momentum Indicator Moving Average Convergence Divergence (MACD) is showing a bullish trend on Max Healthcare, Adani Ports, Karur Vysya Bank, SRF and Medplus Health. MACD is known to signal trend reversals in traded securities or indices. When the MACD crosses the signal line, it indicates a bullish trend. This indicates that an upward movement can be seen in the share price. Similarly, it also indicates recession. The MACD indicates bearish in NTPC, Petronet LNG, NCC, JSW Energy and Nucleus Software.
Investors are buying these stocks a lot
The stocks which are seeing strong buying include Max Healthcare, IGL, Data Patterns, IndiaMart and Safari Industries. The stock has crossed its 52-week high. This indicates an uptrend in the stock. On the other hand, selling pressure is being seen in SVP Global, Seya Industries, India Glycols and Orient Electric. These stocks have registered a 52-week low. This is a bearish signal for these stocks.