Page 649 - Si Reporter

Sensex slips 81 pts ahead of FY21 advance GDP estimate; midcaps outperform

Overall, market breadth remained in the favour of the bulls with nearly two stocks rising against a stock that declined at the bourses

SBI Cards shares surge 5% on heavy volumes, hit fresh record high

Analysts believe the credit card growth story has just started unfolding with visibility of multi-year growth

Indices snap 10-day winning streak; Sensex tanks 264 pts; ITC, RIL drop 3%

In the broader market, the S&P BSE MidCap index ended the day in the green, up 0.4 per cent at 18,749 level.

ITC dips 3% on profit booking as govt drafts law to raise legal smoking age

Since November, the stock has outperformed the market by surging 28 per cent, as compared to 22 per cent rally in the S&P BSE Sensex, till Tuesday

Inox Leisure, PVR extend gain as TN state allows 100% capacity in cinemas

Inox Leisure and PVR were trading higher for the fifth straight trading day, gaining 21 per cent and 13 per cent, respectively, during the period

JBM Auto incorporates subsidiary; stock surges 12%, hits 52-week high

The incorporation of JBM Ecolife Mobility will leverage the growth opportunities in the evolving Emobility/ Electric Vehicles Segment including e-buses etc

Stocks to watch: HDFC Bank, RIL, BPCL, Oil India, IndiGo, CSB Bank, GCPL

HDFC is planning to raise up to Rs 5,000 crore by issuing bonds on private placement basis

Vedanta, Hindustan Zinc rally up to 10%, scale 52-week highs

In the past month, the stock of Vedanta has zoomed 37 per cent, against 7 per cent rise in the S&P BSE Sensex

Avenue Supermarts m-cap crosses Rs 2 trillion; stock zooms 49% in 3 months

The company's board is slated to meet on January 9 to consider financial results for the quarter ended December 2020

Titan gains 3%, hits new high post December quarter business update

The company said its jewellery division has crossed the recovery phase to growth phase and other two large divisions have also moved much closer to the full recovery

Sensex ends 261 pts up at record closing peak of 48,438; IT stocks outrun

Axis Bank ended the session as top Sensex gainers, up 6 per cent at close, followed by gains in HDFC (2.7 per cent), IndusInd Bank (2.7 per cent), and TCS (1.7 per cent)

Wipro advances 3%, hits fresh high; trades above share buyback of Rs 400

In the past three months, share price of Wipro gained 14 per cent but underperformed its peers HCL Technologies and Infosys, which rallied 20 per cent and 23 per cent, respectively

This textile stock has rallied over 100% in 2 months as promoters up stake

Between November 19 and December 22, the promoters of Filatex India purchased 11.93 million equity shares worth Rs 41 crore

Indus Towers surges 10% on heavy volumes, hits 52-week high

In Q2, the company witnessed the highest net tower additions in the last eight years

TCS m-cap nears Rs 12 trillion mark; stock rallies over 8% in 3 days

TCS stock needs to rise another 3 per cent to hit Rs 12 trillion market-cap

Ramco Systems hits over 4-year high in a weak mkt; rallies 49% in one month

Last month Ramco Systems had signed a multi-million-dollar agreement with a Global Fortune 500 major to unify and transform its Payroll for 18 countries in Asia Pacific region

HDFC gains 2%, hits new high on healthy individual loan disbursement in Q3

HDFC reported a healthy 26 per cent YoY pick-up in individual loan disbursement during the October-December quarter

KNR Constructions rallies 6%, hits 52-week high on Rs 604 crore order win

The recently won contract is likely to strengthen KNR's order position further, said ICICI Securities

Stocks to watch: HDFC, DHFL, Bajaj Finance, Edelweiss Financial, IDBI Bank

MOIL will form JV with Gujarat Mineral Development Corporation for manganese ore mining JV in Gujarat

Alkyl Amines Chemicals advances 7% on stock split, expansion plan

The company plans to go for a stock split to make shares more affordable for small retail investors and increase liquidity