Day: July 8, 2026

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

Five stocks from the Nifty500 segment that gained over 3% featured in the RSI Trending Up scan on July 7 after showing improving momentum. The RSI moved above the 50 mark from lower levels, signalling strengthening price action, improving sentiment and potential short-term buying opportunities for traders tracking bullish technical setups.

On July 7, three stocks in the Nifty500 appeared on the ‘White Marubozu’ bullish scanner, according to StockEdge’s technical scan data. The bullish candlestick pattern reflects strong buying momentum throughout the trading session, signalling sustained positive sentiment and the potential for a continuation of the upward price trend.

On July 7, four Nifty500 stocks closed more than 1% above their VWAP levels, indicating improving buying interest and positive intraday sentiment. A close above the Volume Weighted Average Price is often viewed as a short-term bullish signal, reflecting sustained demand and the potential for further upside, according to technical scan data.

Uno Minda is expanding into four-wheeler passenger vehicle seating systems. A new manufacturing facility will be established in Maharashtra. This facility represents a significant capital expenditure for the company. Operations are expected to begin in the fourth quarter of FY28. The company has secured an anchor order from a leading OEM.

Cochin Shipyard shares will be in focus as the Centre’s OFS opens for retail investors after the non-retail portion was subscribed 3.52 times. The government plans to sell up to a 5.04% stake, potentially raising around Rs 1,800 crore. The stock has delivered multibagger long-term returns despite recent weakness, with shares down over 29% in…

Gold prices fell to a near-weekly low as U.S. strikes on Iran boosted oil and the dollar. Higher interest rate expectations are pressuring the non-yielding precious metal. China’s central bank reported its largest monthly gold reserve increase in over two years. Hong Kong authorities unveiled measures to bolster currency and gold trading. Other precious metals…

The IPO has generated significant excitement in the grey market, where it is currently trading at a Grey Market Premium (GMP) of about Rs 166 per share. At this level, the stock is expected to list around Rs 585 per share, implying a potential gain of nearly 40% over the upper end of the IPO…

Domestic markets ended lower after a four-session winning streak on Tuesday. Profit booking and weakness in Realty and Metals stocks impacted market sentiment. Foreign portfolio investors bought shares, while domestic institutional investors sold them. The Indian rupee saw its biggest single-session gain in three weeks. Investor focus remains on business updates and trade agreement progress.