Nifty 16742.8 (-2.64%)
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 (0.00%)
Asian Paints 3100.00 (-0.34%)
Axis Bank 675.30 (0.34%)
B P C L 362.00 (-6.19%)
Bajaj Auto 3615.00 (9.95%)
Bajaj Finance 6645.00 (-6.00%)
Bajaj Finserv 16439.00 (-6.00%)
Bharti Airtel 718.00 (-0.05%)
Britannia Inds. 3542.75 (-0.31%)
Cipla 860.00 (-5.71%)
Coal India 152.00 (-4.85%)
Divis Lab. 4471.00 (-6.01%)
Dr Reddys Labs 4320.00 (-6.02%)
Eicher Motors 2701.00 (10.00%)
Grasim Inds 1874.25 (10.00%)
H D F C 2499.90 (-9.80%)
HCL Technologies 1101.00 (-6.01%)
HDFC Bank 1400.00 (-7.50%)
HDFC Life Insur. 645.00 (-6.65%)
Hero Motocorp 2699.90 (9.64%)
Hind. Unilever 2109.30 (-10.00%)
Hindalco Inds. 400.00 (-5.80%)
I O C L 130.00 (6.38%)
ICICI Bank 799.95 (11.68%)
IndusInd Bank 1040.00 (9.34%)
Infosys 1700.00 (-2.05%)
ITC 195.00 (-12.02%)
JSW Steel 703.00 (9.07%)
Kotak Mah. Bank 1999.00 (4.43%)
Larsen & Toubro 1975.40 (9.67%)
M & M 890.00 (6.34%)
Maruti Suzuki 6788.00 (-5.84%)
Nestle India 18162.00 (-6.00%)
NTPC 115.00 (-9.45%)
O N G C 145.00 (-0.62%)
Power Grid Corpn 206.10 (0.00%)
Reliance Industr 2122.65 (-11.86%)
SBI Life Insuran 1049.40 (-10.00%)
Shree Cement 24359.00 (-6.00%)
St Bk of India 567.65 (19.97%)
Sun Pharma.Inds. 676.65 (-10.00%)
Tata Consumer 850.00 (9.78%)
Tata Motors 450.00 (-6.27%)
Tata Steel 1215.00 (8.68%)
TCS 3448.00 (-5.29%)
Tech Mahindra 1470.00 (-7.74%)
Titan Company 2433.25 (2.70%)
UltraTech Cem. 6599.25 (-10.00%)
UPL 712.95 (0.03%)
Wipro 580.00 (-9.48%)

Top 5 gainers and losers in the Midcap and Smallcap segments during this week!

Top 5 gainers and losers in the Midcap and Smallcap segments during this week!
by 5paisa Research Team 22/10/2021

Top 5 gainers and losers in the Midcap and Smallcap segments during this week!  

List of top 5 gainers and losers in the Mid-cap and Small-cap segments for the week 14th to  21st October 2021.  

Anxiety took over the exuberance of last week bull rally. Indian indices bore the much dreaded Red for three consecutive trading sessions from Tuesday 20th to Thursday 22nd. The sentiment was largely nervous on account of rising inflation, Fuel prices hiting fresh all-time highs following a surge in global crude oil rates, corporate results garnering mixed reactions . Profit booking was evident concluding the dream run for the market which logged fresh highs last week.

Overall market seemed to have woken up to expensive valuations amid weak global clues and rising input cost undermining the profitability  of corporates. The S& P BSE Midcap and the BSE Smallcap 100  have plunged close to 3.31 per cent and 4.06 percent respectively during the week. On Thursday October 21, S&P BSE Midcap closed at 25817.26 while S& P BSE Smallcap closed at 28680.13.

  

   

Let us have a look at the top 5 gainers and losers in the Midcap space for this week:

National Standard (India) Ltd.  

  

  

21.55  

  

  

Rail Vikas Nigam Ltd.  

  

16.94  

  

CG Power and Industrial Solutions Ltd.  

  

15.94  

  

IRB Infrastructure Developers Ltd.  

  

15.29  

  

Bharat Dynamics Ltd.  

  

14.14  

  

The bull rally was lead by National Standard( India ) Ltd in the mid cap segment . The shares of the company delivered a weekly return of 21.55%. The share price of the company rose from Rs 6400.45 to Rs 7779.70 during the period. The market went into celebratory mood on the stupendous performance for the Q2 FY 22 with increase in Revenue from Rs 310.26 crores to Rs 1600.25 crores, with a gain of  416 percent 877% increase in Net Profit which stood at Rs 1035.46 crores on YoY basis.

National Standard (India) Ltd. operates as a subsidiary of Anantnath Constructions and Farms Private Limited. The company is engaged in the manufacture of bead-wire for tyres and other types of specialised wires. The company is a major exporter of tyre bead-wire and tyre moulds. They have specially developed hi-tensile tyre bead-wire with high tin content in the bronze plate, for the overseas markets. The company has also diversified into the development and construction of residential real estate projects in Mumbai, India.

The top 5 losers from the Midcap segment for this week are as follows:

Angel One Ltd.  

  

-20.01  

  

PNB Housing Finance Ltd.  

  

-18.54  

  

Kama Holdings Ltd.  

  

-14.96  

  

Jubilant Ingrevia Ltd.  

  

-14.81  

  

Navin Fluorine International Ltd.  

  

-14.51  

  

 The laggards of the mid cap segment were led by Angel One Ltd. The shares of the company declined 20.01% from Rs 1638.90 to Rs 1311.00.Angel One Ltd ,formerly known as Angel Infin Private Limited. is a technology-led financial services company providing broking and advisory services, margin funding, loans against shares (through one of its Subsidiaries, AFPL) and financial products distribution to its clients under the brand ‘Angel Broking’.  It has reported 70.19% rise in total revenues for the Q2 FY 2022 on consolidated basis at Rs527.34cr WITH Net profits up by 80.18% on YoY basis. The brilliant performance could not contain the selling sentiment in the market , as such the share continued to fall.

Let us move towards the top 5 gainers and losers  in the Small Cap segment: 

The top 5 gainers in the Smallcap segment for this week are as follows:

Paras Defence And Space Technologies Ltd.  

  

73.93  

  

Ugro Capital Ltd.  

  

27.97  

  

SML Isuzu Ltd.  

  

22.84  

  

Transport Corporation Of India Ltd.  

  

21.39  

  

Shoppers Stop Ltd.  

  

21.08  

  

The top gainer in the Small cap segment was the newbie Paras Defence and Space Technologies Ltd. The buzzing stock surged nearly 132 % from its listing price of Rs 475 and 529% from IPO price of Rs 175. Since it listing on October 1,2021 , it has remained a darling at the bourses. It is one of the leading ‘Indigenously Designed Developed and Manufactured’(IDDM) category private sector companies in India, which caters to four major segments of Indian defence sector i.e. defence and space optics, defence electronics, electro-magnetic pulse (EMP) protection solution and heavy engineering.

The market reacted positively to the news of that company's board in a meeting approved to incorporate a company in association with Krasny Defence Technologies for maintenance, servicing & repairs of defence equipment & naval vessels. Amid the exuberance, the shares of the company closed at all time high of Rs 1101.40 from the levels of Rs 633.25 during the week registering a gain of 73.93%.

Also noteworthy, Shoppers Stop Ltd , India’s pioneering retailer also closed on Thursday at 52week high of Rs 336.65 rallying up to 21.08 per cent on account of narrowing of its consolidated net loss to Rs 3.68 crore for the September quarter.led by a recovery in sales at Rs 642.07 crores from Rs 296.98 crores on YoY basis.

 

 

  

The top 5 losers in the Smallcap segment for this week are as follows:

GNA Axles Ltd.  

  

-17.32  

  

Antony Waste Handling Cell Ltd.  

  

-16.39  

  

EKI Energy Services Ltd.  

  

-15.48  

  

DCM Shriram Industries Ltd.  

  

-15.25  

  

Neuland Laboratories Ltd.  

  

-14.83  

  

Volatility being the key trait of these small cap stocks, the shares of GNA Axles Ltd. fell from Rs1076.45 to Rs 890.00 registering a loss of17.32% in the stock price. The company is Punjab based manufacturers of rear axle shafts, other shafts and spindles used in on-highway and off-highway vehicular segments in India. The company is mainly engaged in manufactures and sells auto components for the four-wheeler industry.

  

  

  

 

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Currency Market Update: USD INR faces exhaustion

Currency Market Update: USD INR faces exhaustion
by 5paisa Research Team 22/10/2021

USD INR is currently consolidating in a downward channel. Breaching would lead to further bullishness in this pair. Read on to find out more. 

The October contract of USD INR witnessed an outstanding rally from 74.06 levels which extended to 75.69 levels. However, the pair seems to be exhausting near 75.69 levels and may likely retest its previous support near 74 levels. The exhaustion was well confirmed by the technical indicators like the Bollinger band which seems to be extended. Whereas, momentum indicator Relative Strength Index (RSI) has given a bearish crossover by trading lower than its 20-day Exponential Moving Average (EMA). 

Therefore, if the pair falls below 74.66 levels, then correction is likely to extend towards 74 levels. But a close above 75.69 levels likely indicate a change in trend, that might pull the pair towards 77.42 and higher.

On Friday, Mario Centeno who is a European Central Bank Governing Council member restated that based on all the analysis at its disposal, the monetary authority still considers the current rise in inflation a temporary phenomenon. At an event in Lisbon, he said, "The analysis is done with the information we have today, next month we will certainly have more information."

EUR INR pair is moving northwards making a series of higher highs and higher lows suggesting a sustained uptrend. However, it is facing resistance at 91 and 92 levels. 

Having said that, this pair has sprung back from the lower band of the Bollinger band indicating that the fall was mere a pullback. Moreover, two weeks back RSI had a positive crossover with its 20-week EMA. This suggests that the pullback might be over now. Today, it is hovering near its 20-week EMA of 46.

GBP INR had an excellent up move since July 2019. From April 2021 it has moved into a consolidation. It is presently trading at 103 and has resistance placed at 104 and 105 levels. On the downside, the support is placed at 99.60 and 98.73 levels.

However, the RSI is showing good strength as it has started to move up and is hovering above the 50 mark indicating bullish momentum going forward. Not just that, but it has a positive crossover with its 20-week EMA.

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In focus: Rail Vikas Nigam all set to skyrocket?

In focus: Rail Vikas Nigam all set to skyrocket?
by 5paisa Research Team 22/10/2021

After almost consolidating for nine months, Rail Vikas Nigam Ltd. gave a breakout. Is it all set for a jump? Let’s find out.

In the last one year, Rail Vikas Nigam Ltd (RVNL) has surged by about 100% and has outperformed Nifty 50 by close to 50%. If we look at the performance of the stock on a year-to-date (YTD) basis, then the stock has jumped around 50%, whereas benchmark indices have witnessed an upside of 30%.

The stock has been in an uptrend from March 2020 to January 2021 post which it entered into a consolidation. It remained in consolidation for almost nine months before giving breakout this week on weekly charts with increased volumes. This week the stock has rallied over 17%. Moreover, the stock rose to a fresh all-time high today and closed with gains of around 18%.

Looking at momentum indicators such as the Relative Strength Index (RSI), it certainly seems overheated and moved into overbought territory. It is hovering at 80.6 levels, whereas its 20-week Exponential Moving Average (EMA) is at 56.78. On the other hand, Moving Average Convergence and Divergence (MACD) has made a positive crossover in the positive territory.

Rate of Change (ROC) is supporting the breakout as on weekly basis it has ascended from 3.37 to 53.2 showing strength. Also, the Average Directional Index (ADX) that is used to confirm the direction of the trend, is around the level of 40 supporting the strength of the current bullish momentum. Plus, the Bollinger band certainly indicates a possible pullback.

Rail Vikas Nigam Limited is under the ownership of Indian Railways, Ministry of Railways, Government of India. It acts as an umbrella Special Purpose Vehicle (SPV) to undertake project development, mobilisation of resources, etc.

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This stock which has gained over 2750% meets the trend template of Mark Minervini

This stock which has gained over 2750% meets the trend template of Mark Minervini
by 5paisa Research Team 22/10/2021

In the last week of March 2020, the stock of Tanla Platforms Limited has marked the low of Rs 37.10 and thereafter marked the sequence of higher tops and higher bottoms. From the low of Rs 37.10, the stock has gained nearly 2765% in just 82 weeks.

After registering the high of Rs 1030 as of the weekend of March 2021, the stock has slid into the period of consolidation. During this consolidation phase, the volume was mostly below the 50-day average volume, which suggests its routine decline after a robust move. This consolidation of 32-weeks resulted in the formation of ascending triangle pattern on the weekly chart.

In the current week, the stock has given a breakout of 32-weeks ascending triangle pattern along with above 50-weeks average volume. The stock has formed a sizeable bullish candle on breakout week, which adds strength to the breakout. On Friday, the stock has hit the upper circuit.

Currently, the stock is meeting the criteria of Mark Minervini's Trend Template. The current market price of the stock is above the 150-day (30-week) and the 200-day (40-week) moving averages. The 150-day moving average is above the 200-day moving average. Since the last 15 trading sessions, the stock is trading above its 200-day moving average.

The 50-day (10-week) moving average is also above both 150-day and 200-day moving averages. The current stock price is above the 50-day moving average. Also, the current stock price is nearly 290% above its 52-week low and currently, it is trading at an all-time high.

In the last couple of trading sessions, the stock has outperformed the frontline indices. Also, it has relatively outshined the Nifty 500 with a decent margin. The relative strength comparison with Nifty 50 and Nifty 500 is marking the higher high.

Talking about the indicators, the 14-period weekly RSI is currently quoting at 67.89 and it is trading above its 9-week average. The weekly RSI is in a rising trajectory. On the weekly timeframe, ADX is 20.42 and suggests that the trend is yet to be developed. Directional indicators continue in the ‘buy’ mode as +DI continues above –DI. The weekly and daily MACD stays bullish as it is trading above its short and long-term moving averages. The daily MACD histogram is suggesting a pickup in upside momentum.

This technical evidence indicates a strong upside in the coming weeks. As per the measure rule of ascending triangle pattern, the first target is placed at Rs 1240, followed by the Rs 1325 level.

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Closing Bell: Sensex sheds over 100 points, IT and metal drag

Closing Bell: Sensex sheds over 100 points, IT and metal drag
by 5paisa Research Team 22/10/2021

Nifty and Sensex continued their downward journey for the fourth consecutive trading session.

The Indian stock market closed in the red for the fourth consecutive trading session, amid volatility, due to selling pressure in heavyweights such as ITC, NTPC and Infosys.

On Friday the BSE Sensex swung in a broad range of nearly 900 points, trading between an intra-day low of 60,551 and a high of 61,420. At the closing bell on October 22, 2021, the Sensex closed at 60,821.50, down by 101 points or 0.17% and the Nifty ended at 18,114.90, lower by 63 points or 0.35%.

On the sectoral front, the IT, metal, pharma and FMCG indices closed down by 1-3% each.

The broader markets on Friday also ended in the red, and were seen under-performing their large-cap peers, with the BSE Midcap index losing 1.1% and the BSE Smallcap index shedding 1.2%.

According to market experts, the benchmark indices had a gap-up opening on the back of positive global cues. But replicating the previous session, the markets were unable to maintain their early gains due to the emergence of volatility at higher levels.

On the market breadth, around 1205 shares have advanced, 1865 shares declined, and 119 shares were unchanged.

Top gainers of the day were HDFC Bank, Bajaj Auto, IndusInd Bank and Kotak Mahindra Bank, while ITC, Maruti Suzuki, Infosys and NTPC were among the top Sensex losers. On stocks that were in focus today, ITC extended its previous day's losses by another 3% to top the losers list on the BSE.

In the Friday trading session, select private banks and financial stocks bucked the weak trend. HDFC, IndusInd Bank, Kotak Mahindra Bank and Axis Bank gained 1-2% each on the bourses. Index heavyweight Reliance Industries was marginally up by 0.1% at Rs 2627 ahead of its earnings results scheduled later in the day.

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Penny Stocks Update: These stocks gained up to 7.14% on Friday

Penny Stocks Update: These stocks gained up to 7.14% on Friday.
by 5paisa Research Team 22/10/2021

The equity market continued its downward trend even in today's trade. The BSE Realty is the top gainer while BSE Metal is the top loser in today’s trade.

On the last trading day of the week, the equity market continued its downward journey and closed down in the red mark continuously since Tuesday. Today, the majority of sectoral indices have closed in negative. This week Nifty 50 as well as BSE Sensex has been hanging in the red zone and still continues the same.

Nifty 50 and BSE Sensex are down by 63.20 points i.e., 0.35% and 101.88 points i.e., 0.17% in today's trade. The stocks pulling the Nifty 50 index down are Infosys, ITC, Tata Motors, TCS and Adani Ports. Whereas, stocks pulling Nifty 50 up in today’s trade are HDFC, Kotak Mahindra, ICICI Bank, HDFC Bank and Axis Bank. Likewise, stocks that are dragging BSE Sensex down are Infosys, ITC, TCS, HCL tech and Nestle. While stocks pulling BSE Sensex up are similar to Nifty 50 stocks and Bajaj Finserv.

In today’s trade, realty and banking and finance sectors were top gainers. S&P BSE Realty, BSE Private Banks Index, BSE BANKEX and BSE Finance have closed with a green mark in today’s trade. BSE Realty index consists of stocks such as Brigade group, Prestige group, Oberoi Realty Limited and Godrej properties are top gainers gaining and were up by 6%.

In today’s trade majority of indices closed in negative among which top losers are S&P BSE Metal, BSE Basic Materials, BSE Healthcare and BSE Smallcap Select Index. BSE Metal that consists of stocks such as Vedanta Ltd, Hindustan Zinc Ltd, Hindalco Industries Ltd and Coal India are top losers up to 7.51%.

Here is the list of penny stock that gained up to 8% on a closing basis on Friday, 22nd October 2021:

Sr No.   

Stock   

LTP    

Price Gain%   

1.   

Consolidated Construction Consortium Ltd  

0.75  

7.14  

2.   

Reliance Naval and Engineering Ltd  

3.15  

5.00  

3.   

Zenith Steel Pipes & Industries Ltd  

1.05  

5.00  

4.   

Celebrity Fashions Limited  

10.65  

4.93  

5.   

Opto Circuits (India) Ltd  

3.20  

4.92  

6.   

Tijaria Polypipes Ltd  

6.4  

4.92  

7.   

Rohit Ferro-Tech Limited  

14.1  

4.83  

8.   

Gayatri Highways Ltd  

1.1  

4.76  

9.   

Jump Networks Ltd  

7.70  

4.76  

10.   

National Steel and Agro Industries Ltd  

6.60  

4.76  

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