SEBI Poised for Significant Action Following Warnings on SME IPOs
These stocks are likely to be in focus on October 14
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Last Updated: 14th December 2022 - 10:03 am
Indian benchmark indices closed lower in a volatile session on October 13.
Sensex slipped 390.58 points or 0.68% at 57,235.33, and the Nifty was down 109.30 points or 0.64% at 17,014.30. Wipro, Adani Ports, SBI, SBI Life Insurance and L&T were among the top Nifty losers. HCL Tech, Sun Pharma, Coal India, Britannia and Tata Motors were the top gainers.
Keep an eye on these stocks for Friday’s trading session:
Tata Teleservices (Maharashtra) - Tata Tele Business Services (TTBS), one of India’s leading enablers of B2B digital connectivity and cloud services, has partnered with Google Cloud to offer Google Workspace for Small and Medium Businesses (SMBs). TTBS will offer businesses a single, unified experience for workplace communication and collaboration for their hybrid workforce as they continue to scale and modernize their cloud infrastructure. The shares of Tata Teleservices rallied upwards and locked in a 5% upper circuit in Thursday's trading session.
Happiest Minds Technologies - The company announced at the beginning of today's trading session the inauguration of the molecular testing laboratory established at Sri Jayadeva Institute of Cardiovascular Sciences and Research in Bengaluru. "In line with our 5-year vision of being a responsible corporate citizen and a leader in social responsibility initiatives, this facility further adds to our ongoing efforts to expand medical facilities for the public and undertake innovative R&D and collaboration for understanding human health and disease," said Venkatraman Narayanan, MD & CFO, Happiest Minds Technologies.
Price Volume Breakout Stocks - In a bearish market today, some of the stocks which caught investors' attention and showed a price volume breakout were Rites, Rajesh Exports, Nippon Life India Asset Management, National Aluminium Company and Castrol India. The shares of Rite jumped 11% in an otherwise weak market as it secured a new business order for the construction of depot-cum-workshop for Rs 499.41 crore from Bangalore Metro Rail Corporation Limited.
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