These stocks are likely to be in focus on January 11
On Monday, the frontline Indian equity benchmarks ended on a higher note than the last trading session, breaching and maintaining the 60,000 and 18,000 levels on the Sensex and the Nifty, respectively.
At close, the Sensex was up by 650.98 points or 1.09% at 60, 395 and the Nifty was up by 190.60 points or 1.07% at 18,003.30.
The top five gainers on Nifty on Monday were United Phosphorous Ltd (UPL), Titan Company, Hero Motocorp, Maruti Suzuki, and Tata Motors. Whereas the top 5 losers were Wipro, Divis Laboratories, Nestle India, Asian Paints, and Power Grid Corporation.
On the sectoral front, as a whole, all the indices were trading in the green. The Consumer Durable and PSU and Private Banks’ sectoral indices were leading with the highest gains, which were almost more than 3%.
These stocks are likely to be in focus for Tuesday's trading session -
Larsen & Toubro - The construction arm of Larsen & Toubro has secured an order from the esteemed National High Speed Rail Corporation Limited (NHSRCL), to design and construct Package No. – MAHSR-C-5 of the Mumbai Ahmedabad High Speed Rail Project, the first High Speed Rail corridor being implemented in the country. Larsen & Toubro ended at Rs 1,952.95, up 2.52 per cent on Monday.
Tata Consultancy Services - Shares of TCS surged about 3.5 per cent on Monday after the firm said its board will consider buyback of shares on January 12, 2022. The board will also meet to announce the third-quarter earnings. This will be the fourth buyback and in the earlier three buybacks, Tata Sons was the biggest beneficiary. In 2021, TCS bought back more than 53 million shares at Rs 3000 a share and 33.33 million shares were accepted under the offer.
52-week high stocks – From the BSE 500 pack, the stocks of Astral Ltd, SRF, Pidilite Industries, and Asian Paints, have hit their 52-week high price on Monday.
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