These stocks are likely to be in focus on October 4.
The equity markets have witnessed a fall for a fourth straight session in the week. Sensex and Nifty have ended flat dipping 0.61% and 0.49%, respectively.
M&M, Dr Reddy's Laboratories, Ultratech Cement, Sun Pharmaceutical Industries, Power Grid Corporation of India and Tata Steel were among the top gainers in Sensex whereas Bajaj Finserv, Maruti Suzuki, Asian Paints, Bajaj Finance and Bharti Airtel were among the major losers.
Following stocks are likely to be in focus on Monday, October 4:
Ambuja Cements - The company filed that w.e.f September 30, 2021, the company has successfully started the commercial production of clinker and cement at company's newly commissioned Marwar Greenfield Project in Nagaur District, in the state of Rajasthan.The stock has traded flat in Friday's trading session and is likely to be in focus on Monday.
Laxmi Organic Industries - The company announced on Friday that it has completed the acquisition of 100% equity share capital of “Acetyls Holding Private Limited” following the terms of the Share Purchase Agreement. With this acquisition, Acetyls Holding Private Limited and its subsidiary company namely Yellowstone Chemicals Private Limited have become subsidiaries of the Company w.e.f. October 1, 2021. The stock traded flat during Friday's trading session and ended 0.9% on the downside. Keep a watch on this stock on Monday.
52-week high stocks - NTPC and Oil & Natural Gas Corporation were the only 2 stocks that have made fresh 52-week highs among the 30 stocks packed Sensex, which ended Friday's trading session in red.
Bullish Stochastic Crossover: The shares of M&M jumped higher by ~3 % to close at Rs 827.85 per share. A bullish stochastic crossover was seen in M&M shares on Friday. Similar bullish stochastic crossover was seen in Piramal Enterprises. The shares of Piramal Enterprises jumped higher by 2.30 % to close at Rs 2,655.40 per share. Both these stocks will be in focus on Monday next week.
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