Stocks to watch: These small-cap stocks will be in focus Tuesday!

Stocks to watch: These small-cap stocks will be in focus Tuesday!

by 5paisa Research Team Last Updated: Feb 27, 2023 - 06:24 pm 820 Views
Listen icon

On Monday, the Sensex fell by 175 points to close at 59,288.35, while the Nifty 50 dropped by 73 points to close at 17,392.70. Among the BSE Smallcap gainers were Olectra Greentech, Rhi Magnesita India, Radhe Developers and Chemplast Sanmar.

Infosys, UPL, Bajaj Auto, Adani Enterprises and Tata Steel were among the Nifty's biggest losers, while Divi's Laboratories, HDFC Life Insurance, SBI Bank, Kotak Mahindra bank, ICICI Bank, and Power Grid Corporation of India were among the Nifty's biggest winners.

The Dow Jones futures were up 144 points, indicating a positive opening in the US stock market today. European shares advanced while Asian shares fell across the board on Monday, after major indexes on Wall Street recorded their worst week for 2023. The US stocks declined on Friday, following a bigger-than-expected increase in the latest reading for personal consumption expenditures, the Federal Reserve's preferred inflation gauge.

The following small-cap stocks are likely to be in focus on Tuesday, February 28, 2023:

Ok Play India: The company announced to the exchange that it has purchased a 100% stake in Isht Technologies. The target company is owned by OK Play India's promoters, and the transaction is done on an arm's length basis. The shares of Ok play India were locked in the upper circuit after gaining 5% for Rs 85.45 per share.

Easy Trip Planners: The company announced a five-year advertising agreement with Capri Global Holdings for the Women's Premier League.

Granules India: The company announced today that the US Food and Drug Administration (US FDA) approved its Abbreviated New Drug Application (ANDA) for Losartan Potassium Tablets USP, 25 mg, 50 mg, and 100 mg.

52-week high: Innovana, Binani Industries, Raj Rayon Industries, Blue Chip and Goyal Aluminium.

Share Market Today


How do you rate this article?

or

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

378X91-D3

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.

Disclaimer

Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.
Open Free Demat Account
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest News
What you must know about Marinetrans India IPO?

Net Marinetrans India Ltd was incorporated in the year 2004 and it is engaged in the business of sea freight forwarding. Marinetrans India Ltd started off as a freight forwarder and later expanded to offer Door-to-Door Delivery and 3PL services for the logistics industry.

Net Avenue Technologies IPO GMP (Grey Market Premium)

Net Avenue Technologies IPO opens for subscription on 30th November 2023 and closes for subscription on 04th December 2023.

Warren Buffett Offloads Entire 2.46% Paytm Stake, Faces ₹507 Crore Loss

On November 28, 2023, shares of One 97 Communications, the parent company of Paytm, opened 1% lower following Warren Buffett's move to sell his entire stake in the digital payment giant.