Nifty 17196.7 (-1.18%)
Sensex 57696.46 (-1.31%)
Nifty Bank 36197.15 (-0.85%)
Nifty IT 35848.05 (-0.86%)
Nifty Financial Services 17779.5 (-1.13%)
Adani Ports 737.45 (-0.22%)
Asian Paints 3110.45 (-2.21%)
Axis Bank 673.00 (-0.46%)
B P C L 385.90 (1.86%)
Bajaj Auto 3287.85 (-1.22%)
Bajaj Finance 7069.25 (-1.55%)
Bajaj Finserv 17488.70 (-1.52%)
Bharti Airtel 718.35 (-1.94%)
Britannia Inds. 3553.75 (-0.69%)
Cipla 912.05 (-1.00%)
Coal India 159.75 (0.28%)
Divis Lab. 4757.05 (-0.42%)
Dr Reddys Labs 4596.50 (-1.42%)
Eicher Motors 2455.55 (0.16%)
Grasim Inds 1703.90 (-1.16%)
H D F C 2771.65 (-1.29%)
HCL Technologies 1171.40 (-1.12%)
HDFC Bank 1513.55 (-0.80%)
HDFC Life Insur. 690.95 (-2.03%)
Hero Motocorp 2462.45 (-0.41%)
Hind. Unilever 2343.65 (-1.66%)
Hindalco Inds. 424.65 (-1.72%)
I O C L 122.20 (1.28%)
ICICI Bank 716.30 (-0.84%)
IndusInd Bank 951.15 (0.59%)
Infosys 1735.55 (-0.73%)
ITC 221.65 (-1.69%)
JSW Steel 644.55 (-0.34%)
Kotak Mah. Bank 1914.20 (-2.55%)
Larsen & Toubro 1801.25 (0.67%)
M & M 836.95 (-1.48%)
Maruti Suzuki 7208.70 (-1.59%)
Nestle India 19321.35 (-0.93%)
NTPC 127.00 (-1.32%)
O N G C 145.90 (1.32%)
Power Grid Corpn 206.10 (-3.92%)
Reliance Industr 2408.25 (-3.00%)
SBI Life Insuran 1165.95 (-1.86%)
Shree Cement 25914.05 (-1.43%)
St Bk of India 473.15 (-0.81%)
Sun Pharma.Inds. 751.80 (-1.89%)
Tata Consumer 774.30 (0.14%)
Tata Motors 480.10 (0.21%)
Tata Steel 1118.00 (0.50%)
TCS 3640.45 (-0.07%)
Tech Mahindra 1593.30 (-2.23%)
Titan Company 2369.25 (-0.72%)
UltraTech Cem. 7332.45 (0.13%)
UPL 712.75 (2.08%)
Wipro 640.75 (-0.94%)

These stocks see huge volume burst in the last leg of the trading session.

These stocks see huge volume burst in the last leg of the trading session!
by 5paisa Research Team 07/10/2021

MCX, Kalyan Jewellers, Blue Dart has witnessed volume burst in the last 75-minutes of trade.

As the saying goes, the first and the last hour of each trading session is the most important and active in terms of price and volume. More so, the activity in the last hour is said to be of utmost importance because most of the pro traders and institutions are active at this time. Hence, when a stock sees a good spike in volume in the last leg of trade along with price rise it is said to be the pro and institutions have a keen interest in the stock. Market participants should keep a close watch on these stocks as they can witness good momentum in the short-medium term. 

So, based on this principle we have shortlisted three stocks, which have witnessed volume burst in the last leg of trade along with price rise.  

Multi Commodity Exchange of India (MCX): The stock of MCX jumped over 8% and it has closed at a fresh 52-week high on Thursday. The most striking fact is that the stock has witnessed a majority of the volume activity in the last 75-minutes of the trading session. Total traded volume for the session was nearly 22.53 lakh and 70% of the volume activity was seen in the last 75-minutes of trading. Furthermore, the price too witnessed a sharp spike in the last 75-minutes, which indicates that there was a lot of interest seen in the stock. Hence, market participants can keep a close on this stock.

Kalyan Jewellers India: The stock had gained nearly 14% on Thursday and interestingly, one-third of the volume for the day was recorded in the last 75-minutes of the trading session. Plus, the price of the stock also shot up and closed near its day’s high. Keep a watch on this stock.

Blue Dart: The stock moved in a lacklustre manner for the majority part of the trading session on Thursday. However, in the last leg of the trade, the stock had witnessed buying interest. This is quite evident from the fact that nearly 70% of the volume of the day was registered in the last 75-minutes of the trade. Along with this, the price also surged higher, which suggest that the stock could remain in action in the coming trading session. Don’t miss out on this stock.

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order
Next Article

These stocks are likely to be in focus on October 8.

These stocks are likely to be in focus on October 8.
by 5paisa Research Team 07/10/2021

Indian equity benchmarks traded on neutral lines on Thursday. Both Sensex and Nifty held the gains from the start of the trading session. Sensex ended 482.20 points or 0.82% higher and Nifty gained 142.10 points or 0.82%.

In the broader market, the BSE midcap and smallcap indices settled in green with gains of 1.68% and 1.38%, respectively. The domestic sentiments were dampened by the negative cues from other Asian markets.

On the sectoral front, all the indices ended on the higher side except BSE Telecom and BSE Oil & Gas. BSE Realty, BSE Consumer Durables and BSE Auto have rallied up to 6.03%.

Keep a watch on these stocks on Friday:

Infosys- The company announced its partnership with ATP Tour to launch a suite of exciting match stats and analysis tools designed to bring fans, coaches and media closer to the action of men’s professional tennis. The new features launched today have been enabled using the Infosys Tennis Platform which leverages tech such as big data analytics and natural language generation (NLG) to produce match insights in 3D.

Piramal Enterprises – The stock has made a fresh 52-week high price of Rs 3014.95 in Thursday’s trading session. The board of directors of Piramal Enterprises at their meeting held on October 7, 2021, approved the demerger of pharma operations. Piramal Pharma will be listed on BSE and NSE. For one share held in the company, four shares of Piramal Pharma will be issued.

Mahindra & Mahindra - The company shared that on Thursday, Mahindra XUV700 clocked 25,000 bookings in 57 minutes of its commencement which is an unprecedented milestone in the Indian automotive industry. The volume of 25,000 XUV700s made available today at the launch prices reflects up to six months of production depending on the variant. With this, XUV700 qualifies to be the first four-wheeler in India to hit this milestone.

52-week high stocks – Sensex rallied up to 500 points in Thursday’s trading session. Among the index, stocks of Oil & Natural Gas Corporation and Titan made new 52-week high prices.

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order
Next Article

Small-cap stocks: Keep a close eye on these trending stocks on October 8, 2021.

Small-cap stocks: Keep a close eye on these trending stocks on October 8, 2021.
by 5paisa Research Team 07/10/2021

The following small-cap stocks have made fresh 52-week high today – Lemon Tree Hotels, Vascon Engineers, Shanti Overseas (India), VIP Industries, Dollar Industries and Trent.

Markets ended in the green territory on Thursday on the back of positive global cues. Nifty 50 and Sensex gained 144.35 points and 488.10 points to end at 17,790.3 and 59,677.8 respectively. Nifty Bank climbed 0.62% to end at 37,753.2. BSE Mid-cap and Small-cap indices relatively outperformed broader markets and rose by 1.68% and 1.38% respectively.

Keep a close eye on these trending small-cap stocks for Friday, October 8, 2021:

Sobha – The company has announced that it has achieved the best sales volume at sustainable price realization, primarily driven by good sale numbers achieved in Bengaluru, Gurugram, Pune and GIFT city. The Kerala region has shown improved sales performance as compared to Q1FY22. Quarterly sales volume stood at 1,348,864 square feet of super built-up area valued at Rs 10.30 billion. During the quarter, the company has also launched 'Sobha Manhattan' residential project in Bengaluru and 'Sobha Arbor' residential project in Chennai with a super built-up area of 875,242 square feet and 286,689 square feet respectively.

The company has said in a filing with the exchange that, “Sobha with its presence in 10 cities, poised to enter in new locations and with a good launch pipeline is ready to play its due role in this environment. It is also expected that a continuous increase in vaccination will make the possibility of Covid third-wave less impactful. The recent India rating outlook upgrade from negative to stable by Moody reflects the same.”

Kalyan Jewellers – The company has announced that it has witnessed revenue growth of approximately 60% from their India operations during the quarter ended September 30, 2021, as compared to the same period in the previous year. Non-south markets recorded a higher same-store sales growth close to 70% compared to south markets which recorded same-store sales growth of 40%. The company’s overall same-store sales growth in India during the quarter stood at approximately 50%.

52-week High Stocks - The following small-cap stocks have made fresh 52-week high today – Lemon Tree Hotels, Vascon Engineers, Shanti Overseas (India), VIP Industries, Dollar Industries and Trent. Keep a close eye on these counters on Friday, October 8, 2021.

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order
Next Article

Top swing trading ideas you should not miss.

Top swing trading ideas you should not miss!
by 5paisa Research Team 07/10/2021

Best Swing Trading ideas based on price and volume percentage surge. Minda Industries, Escorts, Pidilite Industries.

Price and volume are two of the most prominent inputs used by traders across the world while swing trading. When used in isolation, they reveal very little but when used in conjunction, they help us to sort the wheat from the chaff. So, this swing trading system is based on the deadly combination of price and volume percentage surge, which helps us to discover high probability swing-trading candidates.

So, here is the list of stocks that fulfil the criteria of volume and price surge and as a result, they flash in our swing-trading system:

  1. Minda Industries: The stock jumped over 5% on Thursday. The stock’s daily range was twice its 10-day average range. In addition to this, the volume for the day was greater than its previous trading session and in fact, was the highest since September 17. Furthermore, it was greater than 10 and 30-day average volume. As a result, the stock met the norms of the swing trading system. In the near term, the stock has the potential to touch levels of Rs 810, while on the downside the support is seen around levels of Rs 743.

  1. Escorts: The stock has formed a bullish candle on Thursday as it surged over 4% on Thursday. The stocks' daily range on Thursday was greater than its 10-day average range. Additionally, the volume for the day was greater than its previous trading session and it was the highest since September 30. With price and volume criteria met, this stock looks ripe for a decent up-move from current levels in the coming days, hence, swing traders can keep this on the radar for up-move towards the level of Rs 1571, while immediate support is seen around Rs 1470.

  1. Pidilite Industries: The stock had gained over 2% on Thursday. Interestingly, the stock has met the criteria of volume and price surge on Thursday. The volumes were higher than its previous trading session and it was higher than 10 and 30-days average volume. In addition to this, the daily range of the stock was greater than its 10-day average range. Considering the strong price movement witnessed in the stock along with volume uptick, Swing traders should not miss this stock as it can touch levels of Rs 2525 in the near term followed by Rs 2565 in the medium term. On the downside, support is seen around Rs 2400 levels.

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order
Next Article

Why the Q2 updates by Titan, Kalyan Jewellers buoyed investor sentiment

by 5paisa Research Team 07/10/2021

Titan Company Ltd’s shares touched a new high on Thursday while Kalyan Jewellers India Ltd’s stock soared more than 13% after the two companies said business was fast turning normal after the disruption caused by Covid-19.

Titan, the watches and jewellery arm of Tata Group, crossed a valuation of more than Rs 2.1 lakh crore as its shares jumped 10.7% to Rs 2,376.20 apiece on the BSE. Earlier in the day, the shares touched a high of Rs 2,383.35 apiece.

Shares of Kalyan Jewellers climbed as much as 13.75% to Rs 80.50 apiece, before closing at Rs 80 on the BSE.

The strong show came after Titan said it recorded strong recovery in demand after the second wave of Covid-19 across its consumer businesses with sales moving swiftly above or close to pre-pandemic levels in most divisions.

Titan said that most stores were now fully operational, barring a few in select towns with localised restrictions, and that overall store operation days exceeded 90% for the quarter. Apart from its thrust on digital channels, the company also accelerated its retail network expansion during the quarter. Tier-2 cities are seeing better recovery in walk-ins compared to metros, it said.

The company said revenue at its jewellery division jumped 78% during the July-September quarter from a year earlier. Revenue at the watches and wearables segment climbed 73%, and at the eyewear vertical rose 74%. Revenue at online jewellery unit Caratlane surged 95%.

“The demand postponement triggered by the second wave of the pandemic in avenues like gift purchases, occasions—milestone buying, weddings, investments in gold etc. witnessed a strong comeback in Q2,” Titan said.

Titan also said that Digital Gold is a new pilot offering that helps customers purchase gold online and lock-in the gold prices with an ability to convert it into jewellery at a later stage. “The early response has been good with enrolment of many digitally-savvy young customers,” it said.

Kalyan Jewellers

The jewellery company said it recorded robust momentum in both footfalls and revenue across all its markets in India and the Middle East in the second quarter.

“There has been a greater acceptance of the ‘new normal’, leading to increased walk-ins and more time spent at our showrooms by customers,” the company said.

Kalyan Jewellers recorded revenue growth of about 60% for its India operations during the recently concluded quarter, as compared with the same period in the previous year. This was despite the fact that there were lockdown-related disruptions in showroom operations in one of its key states, Kerala. The company’s showrooms in Kerala resumed operations fully by the second week of August.

The company said that same-store sales growth in its southern markets came in at around 40% during the quarter. Non-south markets recorded a higher same-store sales growth of about 70%. “This differential was predominantly due to the temporary closure of showrooms in Kerala during the recent quarter,” it said.

Kalyan’s overall same-store sales growth in India during the quarter was about 50%.

The overall revenue growth in India has been more broad-based across geographies, driven largely by the fact that eight of its 10 newly opened showrooms in the current financial year were launched in south India. Non-south markets recorded a revenue growth of about 70% and south markets recorded a growth of about 60%.

During the quarter, 92% of the company’s showrooms were operational compared with 88% during the same period in the previous year. However, as of September 30, 100% of its showrooms were operational.

In the Middle East, Kalyan saw a significant improvement in customer sentiment during the quarter, resulting in revenue growth of about 60% as compared with the same quarter during the prior year, despite the travel restrictions between India and the region for most of the recently concluded quarter. The growth was largely driven by same-store sales since it did not add any showroom in the region during the last 12 months.

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order
Next Article

SIP Performance – Kotak Small-Cap Fund – Direct Plan.

SIP Performance – Kotak Small-Cap Fund – Direct Plan.
by 5paisa Research Team 07/10/2021

Kotak Small-cap fund is one of the highly-rated equity funds within the category and has outperformed its benchmark since inception and on 1, 3, 5-year period.

Systematic Investment Plan (SIP) through this option, an investor can invest a sum of money of at least Rs 500 periodically, monthly or quarterly. Such plans are generally suitable for small and moderate-income level individuals as it allows to invest with small amounts. This encourages youngsters i.e., individuals who start their journey of earnings to invest right from a young age. This enables the creation of a large corpus if investors invest for a longer time.

Mutual funds offer various types of schemes such as equity-oriented, debt-oriented, hybrid and other schemes. These schemes are further divided into various categories. Kotak Small-Cap Fund is an open-ended small-cap fund.

Let’s look at the SIP performance of Kotak Small-Cap Fund which invests majority of its corpus in 251st company onwards in terms of full market capitalization. This fund is outperforming its benchmark in 1, 3, 5-year periods and since inception it is outperforming the benchmark i.e. NIFTY Small cap 100 TRI. It is the highest-rated fund within its category. If you had invested just Rs 1,000 every month i.e. Rs 12,000 p.a. from October 1, 2018, till the present date i.e. October 7, 2021, then your worth of investment would have been ₹77,846 as against the amount invested of ₹37,000.

Now the question arises, what rate of return the above investment delivers? Let’s look at the same:

 

As you can see, in the above calculation if you had invested Rs 1,000 every month for three years you would have received a 46.00% return.

Following table depicts the performance of the fund over its benchmark as of October 6, 2021:

 
 

Let’s look at the top 5 holdings of Kotak Small-Cap Fund – Direct Plan:

Company  

% Assets

Carborundum Universal  

4.47  

Century Plyboards (India)  

4.46  

Sheela Foam  

3.52  

Galaxy Surfactants  

3.32  

Persistent Systems  

3.18  

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order