These stocks are likely to be in focus on October 11.

These stocks are likely to be in focus on October 11.

by 5paisa Research Team Last Updated: Apr 04, 2022 - 02:40 pm 50.1k Views
Listen icon

On Friday, the domestic equity market was in a positive mood as the RBI's Monetary Policy Committee decided to maintain a balanced view on interest rates and opted to continue an accommodative stance till signs of any durable growth are seen.

The benchmark indices, Sensex and Nifty have edged higher. Sensex zoomed by 379.4 points or 0.64% settling at 60,057.23 levels whereas Nifty closed at 17,898 level, up by 107.65 points or 0.61%.

BSE IT and BSE Energy indices witnessed buying interest gaining 1.82% and 2.65%, respectively. The rest of the indices chose to remain subtle and traded almost flat in Friday’s trading session. In the broader markets, the BSE Smallcap index closed 0.92% higher and BSE Midcap index closed 0.16% on the upside.

Keep a watch on these stocks on Monday:

Motherson Sumi Systems - The company announced the acquisition of a majority stake in CIM Tools Private Limited. This milestone acquisition will mark Motherson Sumi's step into the aerospace industry. The company will acquire a 55% stake from the promoters of CIM Tools Private Limited.

Cadila Healthcare - This leading pharma company has received tentative approval from the USFDA to market Adapalene and Benzoyl Peroxide Gel 0.3%/2.5%, used to treat acne. The drug will be manufactured at the group’s Topical plant in Ahmedabad. The group now has 323 approvals and has so far filed over 400 ANDAs since the commencement of the filing process in FY 2003-04.

Reliance Industries – The company has reached near the market capitalization of Rs 18 lakh crore and has rallied up to 4% in Friday’s trading session. The stock hit a record high of Rs 2,684.40, with a market cap of more than Rs 17 lakh crore.

52-week high stocks – With the bullish sentiments hovering in the markets, along with Reliance Industries, Tata Group stocks, TCS and Titan have again made fresh 52-week highs of Rs 3,990 per share and Rs 2,429 per share, respectively.

Share Market Today


How do you rate this article?

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.


Enjoy 0%* Brokerage with 5paisa
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest News
Q4 Challenges Continue in IT Sector; Focus Shifts to FY25 Outlook

HCL Tech and Tata Consultancy Services (TCS) are planning to outperform their software rivals at $250 billion Indian outsourcing industry is preparing its fourth-quarter earnings from next week.

RBI Meeting Today: Rates Likely Unchanged Despite High CPI Inflation

With the growing domestic rates of momentum, the consumer price for index-based inflation remains at 4% above the target of the central bank. This situation will prompt RBI to put a stay on the rates.

Oil Prices Up as US Stockpiles Drop, OPEC Meeting Nears

In advance of an OPEC+ meeting where the group is anticipated to confirm existing production curbs, oil saw a spike in price following an industry report indicating a decline in US crude stocks.