Nifty 17026.45 (-2.91%)
Sensex 57107.15 (-2.87%)
Nifty Bank 36025.5 (-3.58%)
Nifty IT 34606.1 (-1.97%)
Nifty Financial Services 17614.7 (-3.56%)
Adani Ports 717.15 (-5.94%)
Asian Paints 3143.10 (-0.04%)
Axis Bank 661.75 (-2.67%)
B P C L 376.85 (-5.81%)
Bajaj Auto 3334.60 (-1.68%)
Bajaj Finance 6807.05 (-4.47%)
Bajaj Finserv 16682.55 (-3.95%)
Bharti Airtel 738.75 (-3.45%)
Britannia Inds. 3555.30 (-0.51%)
Cipla 966.70 (7.42%)
Coal India 155.90 (-1.67%)
Divis Lab. 4937.80 (2.88%)
Dr Reddys Labs 4750.90 (3.47%)
Eicher Motors 2433.90 (-3.43%)
Grasim Inds 1690.10 (-4.34%)
H D F C 2741.70 (-4.40%)
HCL Technologies 1110.05 (-1.31%)
HDFC Bank 1489.90 (-2.36%)
HDFC Life Insur. 670.65 (-2.64%)
Hero Motocorp 2529.40 (-2.52%)
Hind. Unilever 2335.10 (-0.59%)
Hindalco Inds. 417.00 (-6.72%)
I O C L 120.95 (-3.74%)
ICICI Bank 722.20 (-3.84%)
IndusInd Bank 901.80 (-5.99%)
Infosys 1691.65 (-1.79%)
ITC 224.00 (-3.16%)
JSW Steel 628.65 (-7.67%)
Kotak Mah. Bank 1964.30 (-3.48%)
Larsen & Toubro 1778.15 (-3.88%)
M & M 853.75 (-4.20%)
Maruti Suzuki 7170.50 (-5.31%)
Nestle India 19222.25 (0.23%)
NTPC 128.85 (-4.70%)
O N G C 147.10 (-5.16%)
Power Grid Corpn 202.00 (-1.10%)
Reliance Industr 2412.60 (-3.22%)
SBI Life Insuran 1130.35 (-2.51%)
Shree Cement 25945.80 (-2.72%)
St Bk of India 470.50 (-4.09%)
Sun Pharma.Inds. 767.30 (-1.99%)
Tata Consumer 766.70 (-5.09%)
Tata Motors 460.20 (-6.61%)
Tata Steel 1112.30 (-5.23%)
TCS 3446.85 (0.03%)
Tech Mahindra 1527.40 (-2.05%)
Titan Company 2292.30 (-4.40%)
UltraTech Cem. 7394.75 (-2.81%)
UPL 703.80 (-3.23%)
Wipro 621.45 (-2.40%)

Azim Premji tops the list of billionaire philanthropists!

Azim Premji tops the list of billionaire philanthropists!
by 5paisa Research Team 29/10/2021

A billionaire in the race of not earning but giving.

Azim Premji is one of the revered business tycoons of India. He is an engineer, investor and philanthropist who founded one of the largest IT-software companies in India- Wipro Limited. According to Forbes, his net worth stood at about Rs 817.5 billion and ranked 18 in India’s richest person list.

From Stanford to Indian soil

At the young age of 21, Azim Premji returned to India on the death of his father and handled Wipro, which was originally engaged in the cooking oil business. It was then called ‘Western Indian Vegetable Products’. Eventually, the company diversified into various businesses, until in the 1980s when Azim Premji recognized the emerging IT business in India. As IBM withdrew its operations, Wipro found itself a huge opportunity to explore in those times.

The making of Wipro

Originally Wipro entered into the manufacturing minicomputers business by collaborating with the American company Sentinel Computer Corporation. But the company turned its focus on software making. The company witnessed tremendous growth during 1998-2003. The stock price rallied like never before making Azim Premji one of the richest persons in India. Today, Wipro has become a Rs 3.6 lakh crore company by market cap and about Rs 62,000 crore revenue-generating giant.

Billionaire in donation list: Philanthropist for a reason

Over time, Azim Premji is not being recognized as a mere billionaire but as a billionaire philanthropist. He has been recognized by Forbes as the richest philanthropist outside of the US. According to Hurun List, he retained the top spot in philanthropy in India and is known as ‘India’s most generous’, who has donated about Rs 27 crore per day in the last year.

At the age of 76, Azim Premji has truly been a remarkable personality of India. His generous attitude towards charity has won the hearts of millions.

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Technical Analysis: Stocks depicting death crossover in October

Technical Analysis: Stocks depicting death crossover in October
by 5paisa Research Team 29/10/2021

Death crossover demands reviewing the stocks and taking appropriate actions. Here is the list of stocks having death crossover this month.

Today, October 29, 2021, is the last trading session of the month. The second half of October 2021 was not as enticing as the first half. In the first half of the month, markets soared around 7%, whereas in the second half it shed almost 80% of the gains made in the first half. Though it took good support at its 50-Day Exponential Moving Average (EMA), it is still trading below its 20-Day EMA. In such a case, it does make sense to look at stocks depicting death crossover.

The death crossover is nothing but a technical chart pattern that suggests a potential sell-off. The death crossover is witnessed when a stock’s short-term moving average crosses its long-term moving average from above. Usually, traders look at a negative crossover of 50-Day Moving Average (DMA) and 200-DMA.

Stocks 

Last Traded Price (Rs)* 

Per cent Change 

50 DMA 

200 DMA 

Crossover Date 

Apollo Tyres Ltd. 

215.5 

1.2% 

222.8 

223.1 

Oct 28, 2021 

Indraprastha Gas Ltd. 

470.6 

1.7% 

529.0 

530.1 

Oct 28, 2021 

MMTC Ltd. 

42.4 

-0.1% 

44.8 

44.9 

Oct 28, 2021 

MOIL Ltd. 

157.3 

-0.1% 

165.0 

166.0 

Oct 26, 2021 

National Fertilizers Ltd. 

54.8 

0.2% 

56.6 

57.0 

Oct 25, 2021 

Dhanuka Agritech Ltd. 

727.9 

-1.0% 

823.7 

833.8 

Oct 25, 2021 

NMDC Ltd. 

141.2 

4.9% 

148.7 

151.9 

Oct 22, 2021 

Sharda Cropchem Ltd. 

305.6 

0.1% 

320.0 

321.9 

Oct 21, 2021 

Bayer Cropscience Ltd. 

4,995.0 

-0.2% 

5,322.4 

5,414.9 

Oct 21, 2021 

NCC Ltd. 

71.3 

0.2% 

79.4 

81.0 

Oct 20, 2021 

Vaibhav Global Ltd. 

577.0 

-6.7% 

723.1 

747.2 

Oct 14, 2021 

Granules India Ltd. 

309.3 

-0.3% 

327.4 

336.6 

Oct 13, 2021 

Kaveri Seed Company Ltd. 

522.7 

-0.1% 

573.7 

611.4 

Oct 13, 2021 

Rallis India Ltd. 

263.6 

0.7% 

287.0 

292.6 

Oct 11, 2021 

Natco Pharma Ltd. 

819.8 

-0.8% 

913.8 

943.4 

Oct 11, 2021 

Hindustan Copper Ltd. 

128.0 

-0.8% 

122.0 

128.6 

Oct 08, 2021 

Alembic Ltd. 

104.0 

-0.7% 

111.3 

113.8 

Oct 07, 2021 

Sequent Scientific Ltd. 

192.2 

-5.3% 

219.3 

248.5 

Oct 04, 2021 

Glenmark Pharmaceuticals Ltd. 

503.1 

1.7% 

519.2 

549.5 

Oct 04, 2021 

Shriram Transport Finance Company Ltd. 

1,466.8 

-1.5% 

1,355.5 

1,364.6 

Oct 01, 2021 

* Last Traded Price (Rs) while writing. 

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Top 5 gainers and losers in the Midcap and Smallcap segments this week!

Top 5 gainers and losers in the Midcap and Smallcap segments this week!
by 5paisa Research Team 29/10/2021

List of top 5 gainers and losers in the Midcap and Smallcap segments for the week; 22nd to 28th October 2021.

On account of expensive valuations, concerns over inflation and policy stance by RBI, the Indian stock market became jittery, logging its biggest single-day loss in six months on Thursday with the Sensex losing 1158 points or 1.54% to close at 59984. The Sensex is trading at a high PE of 31.46 which is above its historical levels which is a concern for the market. Profit booking was seen across stocks on account of rising fear and discomfort at a high valuation and weak global clues. 

The S& P BSE Midcap and the BSE Smallcap 100 have plunged close to 2.25% and 2.06% respectively during the week. On Thursday, October 28, S&P BSE Midcap closed at 25236. while S& P BSE Smallcap closed at 28090.

 

 

Let us have a look at the top 5 gainers and losers in the Midcap space for this week:

Tatva Chintan Pharma Chem Ltd. 

 

21.6 

 

National Standard (India) Ltd. 

 

21.55 

 

Tanla Platforms Ltd. 

 

20.66 

 

Hikal Ltd. 

 

17.25 

 

TTK Prestige Ltd. 

 

17.19 

 

The bull rally was led by Tatva Chintan Pharma Chem Ltd in the midcap segment. The shares of the company delivered a weekly return of 21.60%. The share price of the company rose from Rs 2132.05 to Rs 2592.60 during the period. The speciality chemical manufacturer has come out with an IPO in July this year. The upswing in stock price during the week was largely led by the Q2 results declared on October 28, which further fueled the rally on the back of strong results. It reported 105.9% growth in total revenues (consolidated) for Q2 on a YoY basis and 15.72% on a sequential basis at Rs 123.62 crore. The consolidated PAT was 9x on YoY at Rs 32.41 crore. The sharp growth was largely attributable to 2x sales growth and efficient working capital management.

The top 5 losers from the Midcap segment for this week are as follows: 

IRB Infrastructure Developers Ltd. 

 

-18.35 

 

Rail Vikas Nigam Ltd. 

  

-14.75 

 

Dhani Services Ltd. 

 

-13.07 

 

Vaibhav Global Ltd. 

 

-11.09 

 

GR Infraprojects Ltd. 

 

-10.72 

 

The laggards of the midcap segment were led by IRB Infrastructure Developers Ltd. The shares of the company declined 18.35% from Rs 293.15 to Rs 239.35. In the last two trading sessions the shares shed 19.5%, eroding the gains of 38.6% registered last week. The company on Tuesday reported a consolidated net profit of Rs 42 crore for Q2 against a net loss of Rs 20 crore on a YoY basis. The company also announced raising a total of Rs 5347 crore through preferential issue of equity shares to Cintra INR Investment BV and GIC Singapore’s sovereign wealth fund.

Let us move towards the top 5 gainers and losers in the Smallcap segment: 

 

The top 5 gainers in the Smallcap segment for this week are as follows:

Kwality Pharmaceuticals Ltd. 

 

21.55 

 

EKI Energy Services Ltd. 

 

21.38 

 

Tilaknagar Industries Ltd. 

 

21.38 

 

Aptech Ltd. 

 

18.1 

 

Astra Microwave Products Ltd. 

 

17.59 

 

The top gainer in the smallcap segment was Kwality Pharmaceuticals Ltd which saw 5% gain in the last 4 trading sessions, each making weekly gains of 21.55% from the levels of Rs 870 to Rs 1057.45. The stock has given multibagger returns in just a year’s time of 1788% from the levels of Rs 56 to Rs 1057. In just one month the stock rallied up by 118% (September 2021) and continued to rise by 26.3% in October. The Remdesivir manufacturer’s stock has been surging astronomically due to the high demand for the drugg in the pandemic.

The top 5 losers in the Smallcap segment for this week are as follows:

Paras Defence And Space Technologies Ltd. 

 

-18.54 

 

Gopala Polyplast Ltd. 

 

-18.54 

 

Equippp Social Impact Technologies Ltd. 

 

-18.48 

 

DB Realty Ltd. 

 

-17.45 

 

Indo Count Industries Ltd. 

 

-15.99 

 

The uncertainty of the stock market sentiments is reflected in the oscillating performance of last week’s top gainer, which apparently is this week’s top loser in the small cap space. After registering astronomical rally of 74%, the shares of Paras Defence And Space Technologies Ltd saw profit booking in the market which dragged the price at Rs 986.90 from Rs 1211.50.

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These penny stocks are locked in the upper circuit on Friday

These Penny Stocks are locked in the Upper Circuit on Friday.
by 5paisa Research Team 29/10/2021

On Friday, the benchmark indices are trading in red dragged due to buying seen in the metal, pharma, auto and PSU banking stocks, while selling is seen in power, IT and FMCG names. Sensex has tanked more than 450 points and Nifty is down by 162.45 points. About 1269 shares have advanced, 1734 shares declined, and 132 shares are unchanged.

Dr Reddys Laboratories, Ultratech Cement, Maruti Suzuki, Tata Steel and Titan Company are the top 5 gainers in the Sensex group whereas NTPC, Tech Mahindra, Kotak Mahindra Bank, IndusInd Bank and L&T are among the top 5 losers within the index. In BSE 200 index, the stocks of ABB, Canara Bank, Cholamandalam Finance and TVS Motors have made fresh 52-week highs in Friday’s trading session.

In the broader markets, the BSE Midcap and BSE Smallcap indices are seen outperforming with BSE Midcap trading 0.09% higher and BSE Smallcap index trading 0.41% lower. Canara Bank is holding the top position in the BSE Midcap index zooming more than 9.30% whereas, in the smallcap space, Ujjivan Financial Services has skyrocketed 17.92% on Friday. In Thursday’s trading session, Subex is the weakest performing small-cap stock plunging 16.4%

On the sectoral front, all the sectoral indices are trading in red or flat with the BSE Energy index rattling 2% whereas finance, banking and IT indices declined more than 1% in Friday’s trading session. The worst performing stock dragging the BSE energy index is Chennai Petrochem contracting up to 2.97%, followed by Savita Oil Technologies, Hindustan Petroleum, Aegis Logistics and Reliance Industries

During the session, several penny stocks were seen outperforming the markets and gaining up to 4.96%.

Following stocks are locked in the upper circuit on Friday, October 29.

Sr No   

Stock   

LTP   

Price Change(%)  

1  

Sintex Industries   

5.6  

4.67  

2  

Sintex Plastics Technology   

6.35  

4.96  

3  

Llyod Steels  

7  

4.48  

4  

SREI Infra   

4  

3.9  

5  

Ankit Metal Power   

4.45  

4.71  

6  

Stampede Capital   

10.5  

5  

7  

SEL Manufacturing  

5.15  

4.04  

8  

Premier Ltd   

4.4  

4.76  

9  

Zenith Birla   

1.3  

4  

10  

TV Vision   

3  

3.45  

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These Low-Priced stocks are locked in the upper circuit on Friday, October 29

These Low-Priced stocks are locked in the upper circuit on Friday, October 29
by 5paisa Research Team 29/10/2021

Some of the low-price shares were seen outperforming the markets in Friday's trading session.

The markets are witnessing a bearish trend with BSE Sensex contracting beyond 600 points on Friday.

Despite the bearish sentiments, Ultratech Cement is the top BSE Sensex gainer up by more than 2.52% on Friday while NTPC is the top BSE Sensex loser on Friday. The cement stocks are well poised to take advantage of the strong infra pipeline of government across roads, metros and irrigation segments and upcoming state and general elections.

Along with Ultratech Cement, Tata Steel, Dr Reddy's Laboratories, Maruti Suzuki, Titan and ICICI Bank are among the other BSE Sensex gainers. The broader market is seen outperforming the frontline indices in the Friday trading session with both BSE Midcap and BSE Smallcap trading in 0.18% up and 0.39% down, respectively.

Ujjivan Financial Services, Gayatri Projects, Esab India, Elecon Engineering and Bharat Bijlee are among the top BSE Smallcap index gainers on Friday.

Canara Bank, Gujarat Gas, ABB India, Ramco Cementsand Supreme Industries are some of the top-performing BSE Midcap index constituents. RBL Bank is the worst performing BSE Midcap stock on Friday.

BSE Bankex, BSE Energy and BSE IT are the weakest performing sectoral indices in Friday's trading session.

The price-volume breakout is seen in some of the low-priced stocks on Friday with several stocks being locked in the upper circuit.

Following is the list of low-priced stocks that are locked in the upper circuit in Friday's trading session :

Sr No   

Stock   

LTP   

Price Change(%)  

1  

3i Infotech   

39.45  

4.92  

2  

MIRC Electronic  

22.35  

4.93  

3  

Digi content   

14.1  

4.83  

4  

Dish TV   

17.25  

4.86  

5  

Digjam Ltd  

26.5  

4.95  

6  

Rohit Ferro-Tech   

17.9  

4.99  

7  

Visa Steel   

16.05  

4.9  

8  

One point one solutions  

57.9  

4.99  

9  

Atlanta Limited   

14.85  

4.95  

10  

Tirupati Forge   

11.7  

4.93  

 

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Stocks in focus: These stocks will be in focus on Monday, November 1

Stocks in focus: These stocks will be in focus on Monday, November 1
by 5paisa Research Team 29/10/2021

The BSE Sensex is down by nearly 4% now from its recent highs. As the frontline index slipped, we saw several stocks buck the trend and inch higher. The positive gains locked by several counters from BSE 500 and BSE Smallcap space indicate positive underlying momentum in these shares.

Following stocks will be in focus on Monday next week:

52 Week High Stocks: From the smallcap stocks we noticed that the shares of Esab India, Bharat Bijlee, Pioneer Distilleries, Mind Corp, Pansari Developers, Creative Peripherals and Sangam (India) made their fresh 52-week highs on Friday. These stocks will be in focus on Monday, November 1.

Asahi India Glass: The shares of Asahi India Glass are seen trending higher with heavy volumes indicating strong momentum. The shares managed to close at all-time high levels on Friday after gaining by nearly 2%.

Price Volume Breakout (BSE 500): The shares of Ujjivan Financial Services, Gayatri Projects, Indigo Airlines, Triveni Turbines, ABB India, NMDC, Birla Corporation, Inox Wind, Minda Corporation, Lupin, Gujarat Gas, Voltas, TV Today, SREI Infra, Ambuja Cement, ICICI Securities, BEL, Motilal Ostwal, Escorts, India Cements, Cadila Healthcare, Greenply and Chambal Fertilizers traded with a price volume breakout. These shares will be in focus on Monday, next week.

Canara Bank: The shares of Canara Bank gained by more than 9% on Friday when BSE Sensex slipped by more than 600 points. A long bullish engulfing pattern was formed in the daily chart of Canara Bank indicating the strong momentum in the counter. The shares of Canara Bank will be viewed with a bullish perspective on Monday, next week.

Varun Beverages: The shares of Varun Beverages were seen trading higher by more than 3% on Friday ahead of its results. In all likelihood, Varun Beverages will trade volatile on Monday. However, the movement in the counter suggests that the investors are expecting a positive set of numbers in Varun Beverages. Varun Beverages will be in focus on Monday, November 1, 2021.

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