NSEBSECOMMODITYNASDAQNYSEFOREXINDICESAMEXUSA More...

RS NEWS why is Reliance Steel & Aluminum Co. price falling or rising

RS NEWS reasons for why stock price of Reliance Steel & Aluminum Co. is falling or rising

RS Reliance Steel is falling or rising technical reasons

Technical analysis forecast of Reliance Steel Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Reliance Steel RS at this time. Stock is rising and might rise more.

It appears as if Reliance Steel RS gave a large move recently.

Stock of Reliance Steel (RS) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Reliance Steel is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 290 as stoploss in an intra day sell trade for a target of 283.18. However, stock will show a bullish move above 290.

RS Reliance Steel is falling or rising NEWS fundamental reasons

Tata Motors records 12% decline in Q2 sales During the quarter, total sales include domestic sales of 2,09,861 units, lower by 11%. Domestic passenger vehicle sales declined 6% to 129,930 units while domestic commercial vehicle sales declined 19% to 79,931 units. - NEWS as on 2024-10-01 business-standard.com

Rs 86,000 crore FPI inflows in July-Sept, highest since Dec 2020 quarter Flows from foreign funds into Indian equities were moderate in the first-half of 2024 on concerns over rich valuations and tight monetary policy in the US. With the dollar weakening following the rate cut in the US and India's weight on global indices incr - NEWS as on 2024-10-01 indiatimes.com

Pound speculators net long positions rise Large currency speculators turned around and increased net long position in the Pound futures, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC). The non-commercial futures contracts of Pou - NEWS as on 2024-09-30 business-standard.com

Sebi bars Seacoast Shipping promoters, orders impounding of Rs 84 cr The market regulator has directed Shah and six others to impound the illegal gains amounting to over Rs 84 crore and barred Seacoast from raising any money from the public - NEWS as on 2024-09-30 business-standard.com

Rising incomes, aspirations, consumption draw mall developers to tier II cities India's tier II cities are becoming attractive investment destinations for mall developers and institutional investors due to rising income levels, increasing aspirations, and a surge in consumption. Cities like Nagpur, Chandigarh, and Lucknow are evolving - NEWS as on 2024-09-29 indiatimes.com

CarMax’s Impressive Rally: What Investors Should Watch Next Shares of CarMax Inc. (NYSE: KMX) jumped by over 15.3% in a single day following the company’s latest quarterly earnings release. Investors in the know are already aware of what is happening to the car market, particularly the divergences between use - NEWS as on 2024-09-28 nasdaq.com

NSE defers T+0 settlement cycle implementation T+0, introduced in March, provides an alternative to the standard T+1 settlement cycle. Under T+0, trades are settled on the same day, offering quicker capital release and enhanced risk management. - NEWS as on 2024-09-27 business-standard.com

State-owned Punjab National Bank raises Rs 5,000 crore through QIP issue State-owned Punjab National Bank (PNB) has raised Rs 5,000 crore through an issue of equity shares to qualified institutional players. The bank allocated about 48.19 crore equity shares at an issue price of Rs 103.75 per share, which was at a discount of 4 - NEWS as on 2024-09-27 business-standard.com

Top 5 private equity players invested billion in in first half of 2024 The PE major has invested over billion in the country through more than 30 deals, making it a force to reckon with. It has said it would invest around billion this year in India - NEWS as on 2024-09-27 business-standard.com

Accenture unveils bn share buyback as AI powers strong quarterly revenue The Dublin-based company reported fourth-quarter revenue of .41 billion, compared with analysts expectations of .38 billion, according to LSEG data - NEWS as on 2024-09-26 business-standard.com

After-Hours Earnings Report for September 26, 2024 : COST, MTN, BB, SCHL The following companies are expected to report earnings after hours on 09/26/2024. Visit our Earnings Calendar for a full list of expected earnings releases.Costco Wholesale Corporation (COST)is reporting for the quarter ending August 31, 2024. The discou - NEWS as on 2024-09-26 nasdaq.com

OneSource in talks to raise Rs 1,670 crore in pre-listing round OneSource, a TPG Growth-backed specialty pharma CDMO, is in talks with investors to raise 0 million. The company, formerly Stelis Biopharma, was demerged from Strides Pharma and aims to list on BSE and NSE within a year. OneSource plans to reduce debt a - NEWS as on 2024-09-26 indiatimes.com

Gulf Oil Lubricants India promoter sells 4% stake for over Rs 263 crore Gulf Oil International Mauritius Inc, promoter of Gulf Oil Lubricants India, on Thursday divested a 4 per cent stake in the company for over Rs 263 crore through open market transactions. According to the block deal data available on the BSE, Gulf Oil Inte - NEWS as on 2024-09-26 business-standard.com

Bank of India raises Rs 2,500 cr Tier II Bonds Bank received total Bid of Rs 6,046 crore in overwhelming response from Investors and the issue was oversubscribed by 6.05 times against the base issue size. Further, Bank has decided to accept bids of Rs 2,500 crore at coupon rate of 7.49%. - NEWS as on 2024-09-25 business-standard.com

After-Hours Earnings Report for September 25, 2024 : MU, JEF, FUL, CNXC The following companies are expected to report earnings after hours on 09/25/2024. Visit our Earnings Calendar for a full list of expected earnings releases.Micron Technology, Inc. (MU)is reporting for the quarter ending August 31, 2024. The semiconductor - NEWS as on 2024-09-25 nasdaq.com

Barometers trade with minor losses; PSU bank shares underpressure At 10:30 IST, the barometer index, the S&P BSE Sensex shed 34.35 points or 0.04% to 84,877.61. The Nifty 50 index lost 28.10 points or 0.11% to 25,912.30. - NEWS as on 2024-09-25 business-standard.com

Explained: How ED busted the Rs 400 crore Fiewin gaming app scam The app, initially presented as a legitimate platform for earning money through games, was found to be a scam. - NEWS as on 2024-09-25 business-standard.com

Indian Energy Exchange Ltd leads losers in 'A' group Fusion Micro Finance Ltd, Nava Ltd, SBFC Finance Ltd and Concord Biotech Ltd are among the other losers in the BSE's 'A' group today, 24 September 2024. - NEWS as on 2024-09-24 business-standard.com

Sebi imposes Rs 9 lakh penalty on BGR Energy Systems for disclosure lapses Capital markets regulator Sebi on Tuesday imposed a penalty of Rs 9 lakh on BGR Energy Systems for disclosure lapses to the stock exchanges and flouting other market norms. The order came after the Securities and Exchange Board of India (Sebi) conducted an - NEWS as on 2024-09-24 business-standard.com

Hallmarked gold coins, bars see 35-80% sales surge on the e-commerce platforms Sales of hallmarked gold coins and bars of 22K and 24K have surged by 35-80% in India's ecommerce sector. This shift from traditional retail stores to online platforms like Amazon and Flipkart marks a significant change in consumer behavior. The trend is e - NEWS as on 2024-09-24 indiatimes.com

Union Minister H.D. Kumaraswamy outlines Rs 700 cr investment plan for cement industry revival Union Minister H. D. Kumaraswamy discussed plans to invest Rs 700 crores in reviving the cement industry during his visit to Cement Corporation of India Ltd in Bokajan. He also addressed the economic challenges faced by tea gardens in Assam and emphasized - NEWS as on 2024-09-23 indiatimes.com

More announcements and NEWS

RS Reliance Steel & Aluminum Co. current price & indicator signals