These stocks are likely to be in focus on April 26

These stocks are likely to be in focus on April 26

by 5paisa Research Team Last Updated: 2022-04-25T17:57:43+05:30

At market close on Monday, the Sensex was down by 617.2 points or 1.08% at 56,579.89 and the Nifty was down by 218 points or 1.27% at 16,953.95.

The global markets fell by 2%, owing to weaker earnings session, and rising bond yields, along with continuing geopolitical tensions and rising inflation rates.

On the BSE, about 980 shares have advanced, 2,558 shares declined, and 136 shares are unchanged.

These stocks are likely to be in focus for Tuesday's trading session -

Tata Consultancy Services Limited: TCS is expanding its strategic partnership with SBI Cards and Payments Services Ltd to power the next leg of digital transformation for SBI Cards. Strengthening their decade-long partnership which includes SBI Card’s blockbuster IPO in 2020, TCS has helped the company transform its core cards sourcing platform and digitized a significant portion of the process. The future-ready, agile platform personalized customer experience and helped boost sales and retention. Shares of TCS were at Rs 3547.70, down by 1.78% at market close on Monday.

Mindtree Limited: Mindtree and Sapiens, a prominent worldwide provider of software solutions for the insurance, banking, and financial services industries, today have announced a collaboration to assist insurance firms in their digital transformation. Sapiens' industry-leading, cloud-native core banking and insurance suite is a powerful combination coupled with Mindtree's deep subject expertise and broad delivery capabilities that will make this possible. As they adopt the cloud, insurance businesses will gain scalability, speed-to-market, and client happiness. Initially intended to aid in the deployment of insurance systems, the cooperation will concentrate on North America first, followed by Europe and Asia. The scrip of Mindtree was at Rs 3725.40, down by 3.78% at the market close on the BSE.

Bharat Heavy Electricals Limited: BHEL has made a big breakthrough in the rolling stock industry by gaining an order for 6,000 HP Electric Locomotives, the country's first for industrial use. NTPC Limited has secured an order for the provision of six 6,000 horsepower electric locomotives for material handling activities at the Lara thermal power plant site. With this contract, BHEL has grown its rolling stock business by expanding its existing basket of products and services into new market categories, such as power, steel, cement, and other industries, in addition to Indian Railways. The stock ended at 4.17% lower, on the BSE on Monday.

52-week high stocks – From the BSE 500 pack, the stocks of Adani Power, Swan Energy, and Vinati Organics have hit their 52-week high on Monday.

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