These stocks are likely to be in focus on October 5.

Stocks in Focus on October 5.

by 5paisa Research Team Last Updated: Dec 13, 2022 - 09:21 am 50.3k Views

Benchmark indices, Sensex and Nifty have ended with a gain of 0.91% each after trading in red for the previous four consecutive trading sessions.

Except for consumer durables, all the sectoral indices ended in green, with realty, metal and power sectors catching the limelight. In the broader markets, the BSE Midcap and BSE Smallcap indices gained 1.51% and 1.71%, respectively. 

Following stocks are likely to be in focus on Tuesday:

NTPC - The share price of the company has touched a fresh 52-week high of Rs 145.75, rising 4% on the back of the company's plan to list its subsidiaries by March 2024. The subsidiaries are NTPC Renewable Energy Ltd (NTPC REL), North Eastern focused 100% subsidiary of NTPC (NEEPCO) and NVVN.

Max Healthcare Institute - Max Healthcare Institute is further expanding its presence and bed capacity in the NCR region by the addition of two hospitals of approximate 500 beds each in Gurugram. The hospitals, once operational, will also cater to the economically weaker section of the society at concessional rates.
 

Metal Stocks - The BSE Metal Index has gained 2.26% in Monday's trading session outperforming the benchmark indices. National Aluminium Company, SAIL, Hindalco, Vedanta and Jindal Steel were the top-performing stocks within the index. Metal stocks are likely to be in focus on Tuesday.

52-week high stocks - The stocks of National Aluminium Company, SAIL, Hindalco, Vedanta and Jindal Steel have hit their 52-week high prices in the initial trading session of the week. They are likely to be in focus on Tuesday.

Bullish Stochastic Crossover: Maharashtra Seamless, HEG, Solar Industries and Aarti Industries gained 13%, 12.21%, 11.13% and 8.70% respectively on Monday. A bullish stochastic crossover was seen in these counters in Monday's trading session. These outperforming stocks may trade with a bullish bias on Tuesday.


How do you rate this article?

or

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.


Open Free Demat Account

Resend OTP
Please Enter OTP
Account belongs to

By proceeding, you agree to the T&C.

Latest News
Sahana Systems IPO GMP (Grey Market Premium)

Sahana Systems IPO worth ₹32.74 crore comprises entirely of a fresh issue of shares by the company. The price band has been fixed in the range of ₹132 to ₹135.

  • Jun 09, 2023
What you must know about HMA Agro Industries IPO

HMA Agro Industries Ltd was incorporated in the year 2008 as a star export house to deal in food trade. It is a food trade company that basically handles a variety of agricultural product exports including the predominant exports of frozen fresh de-glanded buffalo meat.

  • Jun 09, 2023
Spectrum Talent Management IPO GMP (Grey Market Premium)

Spectrum Talent Management IPO worth ₹105.14 crore, comprises entirely of a combination of a fresh issue of shares and an offer for sale (OFS) by promoters and early shareholders.

  • Jun 09, 2023

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number