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After witnessing a sharp decline in the previous trading session, the Nifty 50 opened on a positive note on Wednesday with a gap up of 83 points. The index extended its gains and touched an intraday high of 23,284.75. However, buying momentum weakened at higher levels, leading to profit booking during the later part of the session. From the day’s high, the index slipped nearly 67 points to close at 23,217.60, gaining 99 points or 0.43%. Market Breadth Remains Weak Despite Index Recovery The Nifty 50 witnessed a positive breadth, with 30 o

Key Takeaways HCL Technologies slipped only ₹0.70 or 0.06% to ₹1,253, even though the stock covered a ₹40 range during the session. All three displayed moving averages remained above the close, with the 50-day DMA only ₹23.90 higher. Three-month return was positive at 11.94%, while one month, six months and one year remained negative. HCL Technologies share price ended September 16 almost unchanged at ₹1,253. The decline was only ₹0.70 or 0.06% from the previous close of ₹1,254. Intraday movement was considerably wider. HCL Te

Key Takeaways Grasim Industries gained ₹16 or 0.50% to close at ₹3,187 after moving across a ₹43 intraday range. The share finished below its 50-day DMA but remained ₹51.20 above the 100-day DMA and ₹176.20 above the 200-day DMA. Six-month return reached 24.08%, substantially higher than the one-year figure of 13.72%. Grasim Industries share price closed September 16 at ₹3,187, up ₹16 or 0.50% from the previous close of ₹3,171. The stock opened at ₹3,190, moved down to ₹3,159 and climbed to ₹3,202 before the close. The full se

Key Takeaways Eicher Motors gained ₹47.50 or 0.64% to finish at ₹7,500 after recovering ₹94 from its intraday low of ₹7,406. The share remained below the 50-day and 100-day DMAs but closed ₹196 above its 200-day DMA. Six-month and one-year returns stayed positive at 11.26% and 10.28%, while the one-month reading was negative. Eicher Motors share price ended September 16 at ₹7,500, up ₹47.50 or 0.64% from the previous close of ₹7,453. The stock opened lower at ₹7,430, fell further to ₹7,406 and then climbed as high as ₹7,525. I

Key Takeaways Dr Reddy's Laboratories slipped ₹5 or 0.44% to ₹1,140, finishing only ₹6 above the session low. The closing price remained just ₹39 above the 52-week low of ₹1,101 and below all three displayed moving averages. Every reported return period was negative, ranging from -5% over one month to -12.36% over one year. Dr Reddy's Laboratories share price closed September 16 at ₹1,140, down ₹5 or 0.44% from the previous close of ₹1,145. It opened at ₹1,142, briefly reached ₹1,150 and later fell to ₹1,134. The stock finishe

Key Takeaways Wipro declined ₹3.11 or 1.83% to ₹166.89 after trading between ₹166 and ₹171 on volume of 11.41 million shares. The closing price stood only ₹1.89 above the 52-week low of ₹165 and remained below all three moving averages. Every displayed return period was negative, with the one-year figure at -33.58% and six months at -15.53%. Wipro share price closed September 16 at ₹166.89, down ₹3.11 or 1.83%. The previous close and opening price were both displayed at ₹170. The stock reached ₹171 at the high and fell t

Key Takeaways UltraTech Cement gained just ₹3 or 0.03% to ₹10,700 despite moving through a ₹241 intraday range. The stock remained at least ₹789 below each of its 50-day, 100-day and 200-day moving averages. Six-month return was slightly positive at 0.79%, while one month, three months and one year remained negative. UltraTech Cement share price closed September 16 at ₹10,700, up just ₹3 or 0.03% from the previous close of ₹10,697. The nearly flat closing change concealed much wider movement during the day. UltraTech ope

Key Takeaways Trent gained ₹39.70 or 1.45% to ₹2,769.70 after recovering ₹45.70 from its intraday low of ₹2,724. The closing price remained more than ₹120 below each of the 50-day, 100-day and 200-day moving averages. Six-month return stood at 19.12%, while the one-year return was -19.06%, a difference of 38.18 percentage points. Trent share price closed September 16 at ₹2,769.70, up ₹39.70 or 1.45% from the previous close of ₹2,730. The stock opened at ₹2,735, dipped to ₹2,724 and later climbed to ₹2,799. It finished ₹29