Opening Bell: Bulls take over the charge in Tuesday's trading session; Metal and PSU Bank stocks take the lead

Opening Bell.

Indian Market
by 5paisa Research Team Last Updated: 2022-10-04T10:07:53+05:30

Benchmark Indices were cheered up on Tuesday on the back of optimistic overseas sentiments.

Frontline indices, Nifty gained over 200 points and traded above 17,150 levels while BSE Sensex climbed over 1,000 points and traded at 57,935 levels.

All the sectors traded on a higher note with Metal and PSU Bank stocks taking the lead and advancing in the range of 2% to 3%.

Watch out for these buzzing stocks in today’s session!

Aster DM Healthcare - Medcare, the premium healthcare provider under the Aster DM Healthcare group, announced its expansion into the premium wellness and beauty care segment with the acquisition of a 60% share in Skin 111 Clinics. This acquisition will accelerate Medcare’s plans to emerge as an international hub for health, beauty, and wellness adding to its existing network of 4 hospitals and over 20 medical centres in the UAE.

With this agreement, Skin111 Clinic’s unique offerings will be incorporated into Medcare service portfolio giving it an edge in the aesthetics and wellness segments, a key driver of the UAE’s growing medical tourism sector.

Wardwizard Innovations & Mobility - India’s leading manufacturer of electric two-wheelers brand ‘Joy e-bike’, sold 4,261 units of electric two-wheelers in September 2022, registering a growth of 70%. This is almost double the growth as compared to September 2021, when the company had sold 2500 units of electric two-wheelers. Entering the festive season with more demand for electric mobility, the company has observed a month-on-month growth of 146% as compared to August’22, when the company had sold 1,729 units.

J. Kumar Infraprojects – The company has announced the receipt of a letter of acceptance (LoA) from M/s Municipal Corporation of Greater Mumbai for a total lumpsum contract cost of Rs 352.3 crore. The company is engaged in the business of execution of contracts for various infrastructure projects including transportation engineering, irrigation projects, civil construction and piling work etc.

Aurionpro Solutions – The company has announced an order win, from one of the largest private sector banks in India, in its Murex services segment. This order will cover 24/7 incident management and support services for the Murex application at the bank’s site for 12 months.


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