Market Bizzz

A significant uptick in futures open interest signifies a substantial growth in the number of active, unexpired futures contracts in a specific security. This uptrend reflects an increasing number of participants either initiating new positions or expanding the size of their existing positions within the futures market.

A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond.

“RSI trending up” means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock. This can indicate potential upward movement and may be used by traders to identify buying opportunities.

A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond.

Global asset managers like KKR and Blackstone are increasing investments in India, positioning Mumbai as a key hub for Asia’s private equity. This shift, driven by India’s strong economic growth and attractive investment opportunities, sees decision-making power moving to the country. Despite risks like high valuations and tariffs, India’s consistent returns make it a focal point for global funds.

Wce have collated a list of recommendations from top brokerage firms from ETNow and other sources:​

Godrej Consumer share price: Godrej Consumer Products has announced a Rs 250 crore investment in a new Indonesia facility. The expansion, set to boost the company’s Home and Personal Care capacity by 15% over 18–36 months, underlines GCPL’s confidence in its Southeast Asia growth story.

Infosys share price: Infosys board is set to consider a buyback proposal on September 11. The move comes after a 25% stock slide in a year, aiming to boost investor confidence amid weak IT sector sentiment, muted growth guidance, and global headwinds.

RailTel share price: RailTel has secured orders worth over Rs 700 crore from the Bihar Education Project Council. The contracts include Smart Classrooms, ICT Labs, ISM Labs, and teaching materials across government schools, aimed at boosting digital education and bridging the learning gap.

Japanese Prime Minister Shigeru Ishiba resigned, triggering political uncertainty that could impact the yen, Japanese government bonds (JGBs), and equity markets. Analysts highlight fiscal policy risks, bond yield pressures, and potential delays in Bank of Japan tightening amid leadership changes.