Nifty 16856.75 (-1.98%)
Sensex 57696.46 (-1.31%)
Nifty Bank 38755.85 (7.07%)
Nifty IT 35848.05 (-0.86%)
Nifty Financial Services 17779.5 (-1.13%)
Adani Ports 711.00 (-3.59%)
Asian Paints 3100.00 (-0.34%)
Axis Bank 750.00 (11.44%)
B P C L 362.00 (-6.19%)
Bajaj Auto 3615.00 (9.95%)
Bajaj Finance 6645.00 (-6.00%)
Bajaj Finserv 16439.00 (-6.00%)
Bharti Airtel 718.35 (0.00%)
Britannia Inds. 3198.40 (-10.00%)
Cipla 990.00 (8.55%)
Coal India 135.70 (-15.05%)
Divis Lab. 4471.00 (-6.01%)
Dr Reddys Labs 4320.00 (-6.02%)
Eicher Motors 2701.00 (10.00%)
Grasim Inds 1874.25 (10.00%)
H D F C 2499.90 (-9.80%)
HCL Technologies 1101.00 (-6.01%)
HDFC Bank 1513.55 (0.00%)
HDFC Life Insur. 645.00 (-6.65%)
Hero Motocorp 2699.90 (9.64%)
Hind. Unilever 2109.30 (-10.00%)
Hindalco Inds. 399.00 (-6.04%)
I O C L 130.00 (6.38%)
ICICI Bank 780.00 (8.89%)
IndusInd Bank 1040.00 (9.34%)
Infosys 1700.00 (-2.05%)
ITC 199.50 (-9.99%)
JSW Steel 703.00 (9.07%)
Kotak Mah. Bank 1999.00 (4.43%)
Larsen & Toubro 1975.40 (9.67%)
M & M 900.00 (7.53%)
Maruti Suzuki 6788.00 (-5.84%)
Nestle India 18162.00 (-6.00%)
NTPC 144.50 (13.78%)
O N G C 139.40 (-4.46%)
Power Grid Corpn 206.10 (0.00%)
Reliance Industr 2148.00 (-10.81%)
SBI Life Insuran 1049.40 (-10.00%)
Shree Cement 24359.00 (-6.00%)
St Bk of India 567.15 (19.87%)
Sun Pharma.Inds. 676.65 (-10.00%)
Tata Consumer 725.00 (-6.37%)
Tata Motors 433.00 (-9.81%)
Tata Steel 1214.35 (8.62%)
TCS 3277.00 (-9.98%)
Tech Mahindra 1470.00 (-7.74%)
Titan Company 2433.25 (2.70%)
UltraTech Cem. 6599.25 (-10.00%)
UPL 712.95 (0.03%)
Wipro 580.00 (-9.48%)

These penny stocks are locked in the upper circuit on Wednesday

These penny stocks are locked in the upper circuit on Wednesday
by 5paisa Research Team 27/10/2021

On Wednesday, the benchmark indices are trading at day's low dragged by metals and financial stocks. Sensex is trading 178.59 points lower at 61,171.67 level and Nifty 48.4 points down at 18,220 level.

Asian Paints, Sun Pharma, Bharati Airtel, SBI and Ultatech Cement are the top 5 gainers in the Sensex group whereas Axis Bank, Bajaj Finance, Bajaj Finserv, IndusInd Bank and HUL were among the top 5 losers within the index. The stocks of HDFC Bank, Kotak Mahindra Bank and SBI have made fresh 52-week highs in Tuesday’s trading session.

In the broader markets, the BSE Midcap and BSE Smallcap indices are seen outperforming benchmark indices gaining 0.11% and 0.28%, respectively. Union Bank is holding the top position in the BSE Midcap index whereas, in the Smallcap space, TCI (Transport Corporation of India) is in the limelight zooming beyond 15% on Wednesday.

On the sectoral front, all the sectoral indices are trading flat with BSE Metal index rattling 1.22% in Wednesday’s trading session. The worst performing stock dragging the index is Vedanta plunging up to 4.2% followed by Jindal Steel, SAIL, NMDC and APL Apollo Tubes.

Penny stocks are a form of market traded security that attracts minimal pricing. These securities are mostly offered by companies with lower market capitalization rates. Therefore, these are also called nano-cap stocks, micro-cap stocks, and small-cap stocks, depending on the company’s market capitalization.

During the session, several penny stocks were seen outperforming the markets gaining up to 4.92%.

Following is the list of penny stocks that locked in the upper circuit on Wednesday, October 27, 2021.
 

Sr No   

Stock   

LTP   

Price gain (%)  

1  

Sintex Industries   

5.1  

4.08  

2  

Llyods Steels  

6.4  

4.92  

3  

Sintex Plastics Technology   

5.8  

4.5  

4  

Vikas Multicorp   

3.85  

4.05  

5  

GTL Infra   

1.55  

3.33  

6  

Viji Finance   

2.8  

3.7  

7  

Ankit Metal Power   

4.05  

3.85  

8  

Shriram EPC   

7.05  

4.44  

9  

Orient Green Power  

4.55  

4.6  

10  

Indosolar Ltd   

3.8  

4.11  

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Why should an individual accumulate retirement wealth?

Why should an individual accumulate retirement wealth?
by 5paisa Research Team 27/10/2021

Any individual who is planning for his/her retirement has to follow the process of wealth accumulation to achieve the end goals.

Wealth accumulation is the process whereby the savings of an individual are used to build up a corpus that will result in a source of revenue over the next several years. Wealth accumulation means increasing the amount of capital with the individual so the amounts here are used more effectively and this becomes a corpus that one can expect support from in the days ahead.

Spending and wealth accumulation are the opposite ends. Spending becomes an obstacle to the retirement planning process as it takes away the amounts that could be used for wealth accumulation. One cannot stop spending but can cut down their spending habits. Excessive spending can lead to a financial crisis in future.

There are various benefits an individual gets when he undertakes wealth accumulation. They are as follows:

  1. It becomes a source of income for individuals and families during the sunset years.

  1. Here there is a build-up of the wealth of the individual by regular process.

  1. It brings him closer to the aim of retirement.

  1. The amount generated from here becomes a backup and safety net for the individual.

  1. Adopting a different kind of wealth accumulation can help an individual to get closer to all of his life goals including retirement planning.

Who needs to undertake wealth accumulation?

Any individual who is undertaking the process of retirement planning has to follow the process of wealth accumulation to achieve his goals. This has to be used carefully so that the process is carried smoothly. Most people feel that retirement is a long time away, and they can plan accordingly when the right time comes. After this stage in life, current problems seem to be high and hence these will occupy centre stage for investors rather than the problems some years down the line. Hence devote more attention to tackling those problems.

Everyone should start retirement planning the day they start earning. It will take decades to complete retirement planning. Any sum of money is fine to start retirement planning. You need to have a corpus in crores to retire without a problem and enjoy the later years of your life. But this is possible only with the help of wealth accumulation. Every person, no matter what is the age and condition are, needs to undertake retirement planning. The process of wealth accumulation has to be linked to all the activities at various stages to get the required results.

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Maruti misses street view as Q2 profit skids 65% on higher costs, chip shortage

by 5paisa Research Team 27/10/2021

Maruti Suzuki on Wednesday reported a massive 65% decline in its standalone net profit for the second quarter ended September, dragged down by higher commodity prices and production constraints.

India’s largest carmaker posted a net profit of Rs 475 crore for the July-September quarter, down from Rs 1,371 crore a year earlier. That’s far below estimates by analysts, who had projected profit to be around Rs 700-750 crore.

The profit, Maruti said, was impacted on account of rising commodity prices as well as a decline in sales volume due to the global shortage in electronic components (microchips), which are also used in automobiles. 

Net sales for the three months grew 9% to Rs 19,297 crore from Rs 17,689 crore from a year earlier.

Maruti Q2: Other highlights

1) Maruti sold 379,541 units in the second quarter, down from 393,130 units a year earlier.

2) Local sales fell to 320,133 units from 370,619 units a year earlier while exports rose to 59,408 units from 22,511.

3) The company could not produce 116,000 vehicles because of the electronic component shortage, leading to lower capacity utilization.

4) Maruti recorded a 5.6% increase in revenue to Rs 20,539 crore from Rs 19,378 crore in the same quarter last year.

5) EBITDA was up 8.9% at Rs 854 crore, although it remained lower than most estimates.

6) EBITDA margin came in at 4.16% as compared with 4.4%, again lower than analysts’ estimates.

Maruti commentary

The company said that the second quarter was marked by an unprecedented increase in the prices of commodities like steel, aluminium and precious metals within a span of one year. 

“The company made maximum efforts to absorb input cost increases offsetting them through cost reduction and passed on minimum impact to customers by way of car price increase,” Maruti said.

Due to rising input costs, the company has already hiked the prices of its models four times this year, with the last such hike coming in September. This, even as it hopes that the ongoing festival season will help push up demand.

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These stocks are likely to be in focus on Thursday, October 28, 2021

These stocks are likely to be in focus on Thursday, October 28, 2021
by 5paisa Research Team 27/10/2021

SBI, Chola Investments and Finance, HPCL, HDFC, Kotak Bank, TTK Prestige, Vardhman textiles, Asahi India Glass Ltd, eClerx Services Ltd, Gujarat Alkalies & Chemicals Ltd, Navkar Corporation, Blue Dart Express, Zensar technology, J&K Bank, HFCL, Godrej properties, UPL, Venus Remedies and Jain Irrigation are some of the trending stocks that will be in focus on Thursday for following reasons:

52 weeks high: SBI, Chola Investments and Finance, HPCL, HDFC and Kotak Bank are some of the large caps that made a fresh 52-week high on Wednesday. These shares will be on the radar of momentum traders and investors in the Thursday trading session.

Venus Remedies: The shares of Venus Remedies soared higher by more than 11% on Wednesday ahead of its earnings. The stock is up by more than 20% in one month alone. Venus Remedies shares will be in focus on Thursday.

Price Volume Breakout: TTK Prestige, Vardhman textiles, Asahi India Glass Ltd, eClerx Services Ltd, Gujarat Alkalies & Chemicals Ltd, Navkar Corporation, Blue Dart Express, Zensar technology, J&K Bank, HFCL and Godrej properties are some of the BSE 500 components that displayed price volume breakout on Wednesday. These shares will be in focus on Thursday.

UPL: The share price of UPL gained by more than 4% on Wednesday. On the daily chart, UPL formed a bullish engulfing pattern in the Tuesday trading session. The stock continued its uptrend on Wednesday and managed to close near its day high thus giving a positive close. The shares of UPL will be in focus on Thursday.

Jain Irrigation: For the second consecutive trading session, the shares of Jain Irrigation are locked in the upper circuit on Wednesday. The stocks of Jain Irrigation will be in focus on Thursday.

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These Low-Priced stocks are locked in the upper circuit on Wednesday, October 27

These Low-Priced stocks are locked in the upper circuit on Wednesday, October 27
by 5paisa Research Team 27/10/2021

Some of the low-price shares outperformed the markets in Wednesday’s trading session.

The markets are seen trading with a bearish trend with the BSE Sensex trading in red, down by more than 200 points on Wednesday.

Asian Paints is the top BSE Sensex gainer up by more than 4% on Wednesday while Axis Bank is the top BSE Sensex loser on Wednesday. The rise in Asian Paints shares was aided as the market leader in the decorative paints segment raised prices by 7-10%, effective from November 12.

Infosys, Sun Pharma, HCL Tech, Maruti Suzuki, ITC and Bharti Airtel are some of the BSE Sensex gainers. The broader market is seen outperforming the frontline indices in the Wednesday trading session with both BSE Midcap and BSE Smallcap trading in green.

TCI, TTK Prestige, Sequent Scientific, Astra Microwave Products and Goldiam International are some of the top BSE Smallcap index gainers on Wednesday.

Union Bank, Canara Bank, Mphasis, Cholamandalam Finance and RECL are some of the top-performing BSE Midcap index constituents. Zeel is the worst performing BSE Midcap stock on Wednesday.

BSE Realty index and BSE IT index are outperforming the markets on October 27. BSE Metal and BSE Bankex indices are down by more than 1% on Wednesday.

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

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

Sr No   

Stock   

LTP (Rs) 

Price Gain(%)  

1  

3i Infotech   

35.85  

4.98  

2  

Tata Tele   

55.55  

4.91  

3  

Andhra Cements   

18.7  

4.76  

4  

Tilaknagar Industries   

62.55  

4.95  

5  

Brightcom Group   

72.85  

4.97  

6  

Digicontent   

12.85  

4.9  

7  

Digjam Ltd   

24.05  

4.79  

8  

Jain Irrigation   

45.95  

4.91  

9  

HFCL   

76.45  

4.94  

10  

Indowind Energy   

11.4  

4.59  

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Trending stocks: Keep a close eye on these small-cap stocks for 28 October 2021

Trending stocks: Keep a close eye on these small-cap stocks for 28 October 2021
by 5paisa Research Team 27/10/2021

The following small-cap stocks have made fresh 52-week high today – Tanla Platforms, Creative Newtech, Tilaknagar Industries, Sikko Industries and Art Nirman Limited.

Headline benchmark index Nifty 50 and Sensex ended the session with losses of 0.31% and 0.34% respectively. Nifty Bank index lost 363.95 points i.e. 08% to close at 40,874.3. Metal stocks further underperformed broader markets. Conversely, BSE Small-cap index gained 0.30%.

Keep a close eye on these trending small-cap stocks for Thursday, 28 October 2021:

Dishman Carbogen Amcis – The company’s subsidiary Carbogen Amcis AG, based in Switzerland has announced the completion of a U.S. Food and Drug Administration (FDA) inspection at the site in Aarau, Switzerland. Carbogen Amcis AG is a pharmaceutical process development and Active Pharmaceutical Ingredient (API) manufacturing company. Opened in 1994, the Aarau facility has the flexibility to accommodate a wide range of projects, be it API or analytical.

The pre-approval FDA paper inspection for an intermediate product from a customer was conducted from 17 August - 15 September 2021. By receiving the result in October 2021, the inspection was concluded successfully with no findings, confirming that no on-site inspection is required at the Aarau site for this product. The product manufactured at the Aarau facility will be processed into the final drug that the customer expects to be approved in the USA in November 2021.

Netlink Solutions (India) – The company reported a remarkable increase in consolidated Q2 PAT in FY22 by 97%. The Q2 PAT stood at Rs 93.32 lakh marking a commendable leap in the profit figures. HY1 PAT for FY22 reached Rs 1.39 crore, marking a rise against HY1 FY21. During the second quarter of FY22, Netlink Solutions became a subsidiary of Jupiter Infomedia Limited to form the business conglomerate of two BSE listed companies. The business group has expertise in areas of B2B events, e-commerce, digital solutions, print or digital publications, and investment activities.

‘Corporate Gifts Show’, the flagship division of Netlink Solutions is expected to resume its next edition in March 2022 after being stalled in 2020 and 2021 due to pandemic restrictions.

52-week High Stocks - The following small-cap stocks have made fresh 52-week high today – Tanla Platforms, Creative Newtech, Tilaknagar Industries, Sikko Industries and Art Nirman Limited. Keep a close eye on these counters on Thursday, 28 October 2021.

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