These stocks are likely to be in focus on December 31

These stocks are likely to be in focus on December 31

by 5paisa Research Team Last Updated: Dec 30, 2021, 05:22 PM IST

On Thursday, the equity indices exhibited subtle volatility, while ending flat at market close.

At close, the Sensex was down by 12.17 points or 0.02% 57,794.32, and the Nifty was down by 9.65 points or 0.06 % at 17,203.95.

NTPC, HCL Technologies, Cipla, IndusInd Bank, and Dr Reddy’s Laboratories were among the top Nifty gainers. Losers included Bajaj Auto, Reliance Industries, UPL, JSW Steel, and Tata Steel.

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

Firstsource Solutions: Firstsource Solutions Limited a leading provider of business process management (BPM) services and an RP-Sanjiv Goenka Group company, announced it has entered into an agreement to acquire American Recovery Services, Inc. (ARSI), a nationwide legal collections network headquartered in Southern California. With this acquisition, Firstsource will be able to lead in consumer debt management services in a better way. As it will also add legal stage collections capabilities to their services basket. The stock ended 0.44% higher at the market close on Thursday.

ITC: The Paperboards and Specialty Papers Division (PSPD) of ITC has collaborated with Invest India to launch the ‘ITC Sustainability Innovation Challenge’ to support innovative start-up ideas on sustainable packaging and smart waste management solutions. The company informed that this partnership will enable ITC-PSPD to take advantage of the country's 'rich start-up repertoire' as well as provide support to the start-up ecosystem. The shares of ITC ended at a 0.35% discount at Rs 216 per share at market close on Thursday.

Tech Mahindra: The shares of IT consulting and software giant Tech Mahindra on Thursday hit a consecutive 52-week high after closing at Rs 1786.65 per share on BSE, the previous day. Tech Mahindra shares traded at Rs 1837.75 per share, a fresh high, for the fourth time on Thursday. The share price ended at 1800.55, up by 0.78% at market close.

52-week high stocks – From the BSE 500 pack, the stocks of Anupam Rasayan, Tata Teleservices, Suzlon Energy, KPIT Technology, and Persistent Systems have hit their 52-week high prices on Thursday.

SENSEX
52,973.84
180.22 (0.34%)
Nifty 50
15,842.30
60.15 (0.38%)
Nifty Bank
33,597.60
476.25 (1.44%)
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SENSEX
52,973.84
180.22 (0.34%)
Nifty 50
15,842.30
60.15 (0.38%)
Nifty Bank
33,597.60
476.25 (1.44%)

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