Page 21 - Market Trends

HCL Technologies surges 5% amid block deal buzz, stock hits a 10-week high

Till 09:26 am; around 8.15 million equity shares or 0.30 per cent stake of the company had changed hands on the NSE, the exchange data showed

Stocks to Watch: Data Patterns, Tega, LTFH, GMR Infr, Allcargo, Ajanta Phar

Data Patterns is likely to witness a bumper listing, with Grey Market Premium (GMP) indicating a likely 45-50 per cent premium to its issue price.

Share price of this specialty chemicals company has zoomed 38% in 3 days

In the past two weeks, the stock price of Jyoti Resins & Adhesives had zoomed 56 per cent, as compared to 2.5 per cent decline in the S&P BSE Sensex

Infosys hits new all-time high, stock up for third straight trading session

In the past six trading days, Infosys has gained 7 per cent after Accenture reported strong results for the quarter ended November (Q1FY22) and also gave a strong FY22 outlook

Medplus Health makes a strong debut; lists at 31% premium to issue price

The stock listed at Rs 1,040, a 31 per cent premium to its issue price of Rs 796 per share on the National Stock Exchange.

G E Shipping surges 9% on share buyback plan, board meet on December 27

The board of directors are scheduled to meet on Monday December 27, 2021 to consider and approve a proposal for buy-back of equity shares of the company.

RateGain Travel surges 28% in two trading sessions, trades at new high

The stock was up 10% in intraday trades today, but still traded below its issue price of Rs 425 per share

Metro Brands debuts on a weak footing, lists 13% below its issue price

The stock listed at Rs 436 on the BSE and Rs 437 on the NSE, a 13 per cent below its issue price of Rs 500 per share.

Share price of this auto components maker has jumped 18% in the last 5 days

Minda Industries hit a record high of Rs 1,179, rallied 7% in intra-day trade today, surged 37% in past 11 trading days as the company announced a fresh round of capex and investment spends.

Hind Rectifiers surges 13%, hits 52-week high; stock up 35% in 3 days

In the past one month, the stock has rallied 47 per cent, as compared to 3 per cent fall recorded by the S&P BSE Sensex

India Cements surges 9% as RK Damani & family increases stake to 22.76%

As on September 30, 2021, RK Damani, Gopikishan Shivkishan Damani and family collectively held 21.14 per cent stake in India Cements.

ZEE falls 5% on profit booking, post inking merger pact with Sony Pictures

In the past three months, ZEEL has outperformed the market by surging 35 per cent when compared with a 4 per cent decline in the S&P BSE Sensex

RIL, HCL Tech: These 7 oversold stocks are set to lead market recovery

The underneath strength, preferably read as price action, has been able to hold ground around the major neckline supports for these stocks

This PSU telecom stock has zoomed 65% in three weeks, at 4-year high now

The stock of state-owned telecom services provider has rallied 17% to Rs 29.60 on the BSE in intra-day trade, was quoting at its highest level since January 2018

MapmyIndia makes a strong market debut, lists 53% over its issue price

The stock has opened at Rs 1,581, up 53% compared to its issue price.

Nifty Bank hits 6-month low; RBL, Bandhan, AU Small tank up to 10%

Nifty Bank was trading lower for the sixth straight day, having fallen 8 per cent during the period

Shriram Properties makes a weak debut, lists 24% below issue price

Shares of Shriram Properties were listed at Rs 90, a 24 per cent discount to its issue price of Rs 118 per share on the National Stock Exchange

Indiabulls Housing tanks 15% a day after promoter Gehlaut sells 11.9% stake

The stock was down almost 23 per cent from Thursday intraday high; while the stock took place at an average price of Rs 264 per share

RateGain makes a weak stock market debut, lists 15% below issue price

The stock got listed at Rs 360, a 15 per cent discount to its issue price of Rs 425 per share on the National Stock Exchange

IT shares in demand led by Infosys, as Accenture ups FY22 outlook by 700bps

Accenture reported strong revenue in Q1FY22 and upgraded its annual guidance by a massive 700bps as it continues to gain from demand for Cloud transformation.