Page 25 - Market Trends
Paytm bounces back, gains 7% after a 37% fall in two trading sessions
The board of Paytm is scheduled to meet on Saturday, November 27, 2021 to consider financial results of the company for the quarter and half year ended on September 30, 2021.
 "Paytm bounces back, gains 7% after a 37% fall in two trading sessions")
Vedanta up 8% as Moody's sees no impact on credit quality post biz spin-off
Vedanta had recently announced that its board of directors have formed a subcommittee to evaluate a potential spinoff of its aluminum, iron and steel, and oil and gas businesses into separate listed c
 "Vedanta up 8% as Moody's sees no impact on credit quality post biz spin-off")
JBM Auto surges 9% on stock split plan, up 62% in 11 trading sessions
The board of directors of JBM Auto are scheduled to meet on December 8, 2021 to consider and approve the proposal of sub-division of company's equity shares having face value of Rs 5 each
 "JBM Auto surges 9% on stock split plan, up 62% in 11 trading sessions")
Reliance Industries slips 4% on calling-off Saudi Aramco deal
Saudi Aramco was suppose to acquire 20 per cent stake in Reliance's oil to chemicals (O2C) business
 "Reliance Industries slips 4% on calling-off Saudi Aramco deal")
Escorts stock zooms 8% as Japan's Kubota to raise stake, make open offer
Japan-based Kubota invests Rs 1,874 crore to acquire 9.66 mn shares through preferential route at Rs 2,000 per share
 "Escorts stock zooms 8% as Japan's Kubota to raise stake, make open offer")
Zensar Tech dips 9% after over 10% equity change hands via block deals
At 09:15 am; around 26.82 million shares representing 11.87 per cent of total equity of Zensar Technologies changed hands on the BSE, the exchange data showed.
 "Zensar Tech dips 9% after over 10% equity change hands via block deals")
Vedanta dips 3% after company announces value unlocking plans
The board to evaluate and recommend a range of options and alternatives, including demergers, spin-offs or strategic partnerships of its aluminium, iron & steel, and oil & gas businesses
Maruti Suzuki India surges 11% in 2 days, nears 52-week high
The stock was quoting higher for the fourth straight day and trading close to its 52-week high of Rs 8,400 touched on January 13, 2021
 "Maruti Suzuki India surges 11% in 2 days, nears 52-week high")
L&T Infotech, L&T Technology, KPIT Technologies hit record highs
LTTS has gained 7 per cent after the company was selected as an engineering partner by Mavenir and NVIDIA, to accelerate adoption of the industry's first converged AI-on-5G
Spandana Sphoorty Financial hits 52-week low, falls 11% in one week
The company said there will be an unavoidable delay in submission of financial results for the quarter ended September 30, 2021
 "Spandana Sphoorty Financial hits 52-week low, falls 11% in one week")
The share price of this auto company has zoomed 100% in just two months
JBM Auto is cautiously optimistic for FY22 due to higher spend in infrastructure, PLI scheme, scrappage policy and the work done so far within the company.
 "The share price of this auto company has zoomed 100% in just two months")
Macrotech Developers up 14% on QIP issue; stock gains 200% in 7 months
The floor price of the QIP issue is Rs 1,184.70 per equity share, Macrotech Developers said in a regulatory filing.
 "Macrotech Developers up 14% on QIP issue; stock gains 200% in 7 months")
ACC, Grasim: Cement stocks have more steam left in the short-term
All the major cement stocks are gearing up for next upside, check the near term support and likely targets here
 "ACC, Grasim: Cement stocks have more steam left in the short-term")
Auto shares in focus; Motherson Sumi, Varroc, Sharda Motor rally up to 10%
As of 10:09 AM, the S&P BSE Auto index was the top sectoral gainer up 1.1 per cent as compared to 0.31 per cent decline in the S&P BSE Sensex
 "Auto shares in focus; Motherson Sumi, Varroc, Sharda Motor rally up to 10%")
Policybazaar surges 16% after strong debut, up 43% against issue price
On Monday, November 15, 2021, Capital Research And Management Co A/C New World Fund Inc had purchased 3.41 million equity shares at price of Rs 1,192.96 per share.
 "Policybazaar surges 16% after strong debut, up 43% against issue price")
Sigachi Inds makes stellar debut, lists at 253% premium to its issue price
At 10:09 am; the stock was locked at the maximum 5 per cent upper circuit at Rs 603.75, a 270 per cent jump over its issue price of Rs 163 per share
Bajaj Finance, TCS likely to resume upward trend, says Vaishali Parekh
Both the stocks seem to have bottomed out and select indicators on the charts have turned favourable for these stocks, says the technical analyst from Prabhudas Lilladher
 "Bajaj Finance, TCS likely to resume upward trend, says Vaishali Parekh")
Zomato, Devyani scale new highs on MSCI inclusion, stocks rally up to 15%
The Global Index provider, MSCI, has added Zomato in its MSCI Global Standard India Index and added Devyani International in MSCI India Domestic Small Cap Index.
Nykaa enters top-50 most-valued firms club, stock up 109% from issue price
At 12:10 PM, with a market-cap of Rs 1.10 trillion, Nykaa stood at 48th position in overall market-cap ranking, the BSE data showed
 "Nykaa enters top-50 most-valued firms club, stock up 109% from issue price")
InterGlobe Aviation gains 6% on heavy volumes, stock nears record high
Till 10:34 AM, around 4.28 million equity shares representing 1.1 per cent of total equity of InterGlobe Aviation had changed hands on the BSE
 "InterGlobe Aviation gains 6% on heavy volumes, stock nears record high")
