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%)

Trending stocks: Keep a close eye on these small-cap stocks on 13 October 2021.

Trending stocks: Keep a close eye on these small-cap stocks on 13 October 2021.
by 5paisa Research Team 12/10/2021

The following small-cap stocks have made fresh 52-week high today – BSL Limited, Bedmutha Industries, Maharashtra Seamless, Subros, Yuken India, Pokarna Limited, Vardhman Textiles Limited, Technocraft Industries (India) and MM Forgings.

Headline indices Nifty 50 and Sensex bounced back from the red territory in the morning hours, ending higher with gains of 46 points and 148.53 points respectively after a choppy session. Consumer Durables and FMCG stocks were trending and outperformed broader markets. BSE Small-cap index gained 75.90 points i.e. 0.26% and closed at 29,582.26.

Keep a close eye on these trending small-cap stocks for Wednesday, 13 October 2021:

Westlife Development – The company’s chain of McDonald’s restaurants has recently completed 25 years of operations in India and the brand has launched a new range of indulgent gourmet burgers. Menu innovation has been a key pillar of success for the brand in India. With the new range of gourmet products, McDonald’s aims to strengthen its leadership in the burger category.

Everest Organics – The company has recently announced that it has achieved success in the development of an anti-viral APl Molnupiravir, an additional COVID -19 treatment drug. It is administered orally and works by inhibiting the replication of the coronavirus inside the body. Molnupiravir API reduces the risk of hospitalization and death by around 50% for patients with a moderate Covid-19 case. The drug is being developed at lab scale for the first-line treatment of COVID-19 in adult patients with mild to moderate symptoms.

Trigyn Technologies – The company has announced that its wholly-owned subsidiary Trigyn Technologies Inc is awarded a contract to provide staff augmentation services for the New York City Housing Authority (NYCHA). This award facilitates the continued expansion of the company’s public sector business and presence in the region. The contract has a maximum fee of USD 50 million and contains a provision at NYCHA’s discretion to increase the maximum fee to USD 125 million.

Rane (Madras) – The company’s Board of Directors have recently approved the acquisition of the Steering Components Business (SCB) of Yagachi Technologies Private Limited (YTPL) which is a part of the Hical group. The acquisition will enhance the company’s leadership position and share in the domestic passenger vehicle market as well as furnish an opportunity to enter export vehicle platforms to new geographies.

52-week High Stocks - The following small-cap stocks have made fresh 52-week high today – BSL Limited, Bedmutha Industries, Maharashtra Seamless, Subros, Yuken India, Pokarna Limited, Vardhman Textiles Limited, Technocraft Industries (India) and MM Forgings. Keep a close eye on these counters on Wednesday, 13 October 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 12/10/2021

Best Swing Trading ideas based on price and volume percentage surge. Vardhman Textiles, Jubilant Foodworks, Bajaj Finserv.

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. Vardhman Textiles: The stock had witnessed a breakout of an ascending triangle pattern with a super-sized candle. Moreover, the breakout was witnessed along with above-average volumes. The volume for the day was greater than its previous trading session. Furthermore, it was greater than 10 and 30-days average volume. Also, the stock’s daily range was greater than its 10-day average range. As a result, the stock met the norms of the swing trading system. In the near term, the stock has the potential to touch the levels of Rs 2200 and Rs 2240 on the upside, while on the downside, the support is seen around levels of Rs 2020.  

  1. Jubilant Foodworks: The stock rose more than 5% on Tuesday. 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 July 23. With price and volume criteria met, this stock looks ripe for a decent up-move from current levels in the coming days. Swing traders can keep this on the radar for an up-move towards the level of Rs 4450, while immediate support is seen around Rs 4180.

  1. Bajaj Finserv: The stock gained nearly 3% on Tuesday. Interestingly, the stock has met the criteria of volume and price surge on Monday. The volumes were higher than its previous trading session and was higher than the 10 and 30-days average volume. In addition to this, the daily range of the stock was greater than its 10-days 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 18,800 in the near to medium term. On the downside, support is seen around Rs 18,000 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

Thomas Cook India and SOTC launch consumer roadshows to capitalize on high travel demand.

Thomas Cook India and SOTC launch consumer roadshows to capitalize on high travel demand.
by 5paisa Research Team 12/10/2021

To ensure customer convenience, the company is holding most of the roadshows on weekends, at the companies’ outlets and a range of easily accessible venues – close to residential areas as well.

With the steady easing of restrictions across states in the country as well as international destinations, vaccine acceptance along with the potential reopening of commercial flights are all proving to be catalysts giving surge to significant travel demand. Also, the upcoming festive season is proving to be a powerful driver of travel desire. 

To capitalize on this high potential travel opportunity, India’s leading integrated travel services company - Thomas Cook India and its group company - SOTC Travel, have launched a series of physical consumer roadshows across key source markets across India.

Thomas Cook & SOTC’s latest survey reveals that over 85% of respondents are keen to holiday between October to December 2021; 77% preferring international travel and 82% domestic. However, the constant flux in entry-exit regulations and health-safety protocols can be challenging.

As per the company’s filing with the exchange, “Thomas Cook and SOTC’s physical consumer roadshows have hence been conceptualized to guide and assist customers through the complexities of travel in this Covid-era. The companies’ experts are stationed at each venue to provide advice and guidance in planning a smooth holiday experience.” 

The company has selected key consumer catchment areas across high potential source markets including metros, mini-metros and Tier 2-3 locations across India. To ensure customer convenience, the company is holding most of the roadshows on weekends, at the companies’ outlets and a range of easily accessible venues – close to residential areas as well.

Set up in 1881, Thomas Cook (India) is the leading integrated travel and travel-related financial services company in the country offering a broad spectrum of services that include foreign exchange, corporate travel, mice, leisure travel, value-added services, visa and passport services. It operates several leading B2C and B2B brands.

As one of the largest travel service provider networks headquartered in the Asia-Pacific region, the group spans 25 countries across five continents.

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

Check out mid, large caps with high delivery ratio as long-term investors pull up weight

by 5paisa Research Team 12/10/2021

Stocks move due to activities of two sets of participants in capital markets: traders and investors. While traders are also essentially investors, they are typically short-term momentum investors. In fact, some traders invest for as short a time period as a few minutes or a few hours within a single trading session or day.

A stock could be a trader’s favourite because of price volatility providing an opportunity to take advantage of sharp ups and downs, but it could also offer a meaningful opportunity to long-term investors to put some of their money.

However, one filter that some long-term investors use to decide on new stock picks is where the delivery ratio of stocks is high.

The delivery ratio represents the proportion of shares that have changed hands for good and not just for intra-day trading. Stocks with high delivery means that people took positions in those stocks at least for a few days or possibly even for months or years.

We scanned through the data to pick stocks with higher delivery ratios over the past week compared to the monthly average.

The exercise sprung out names of as many as 16 large cap stocks. These are ITC, Grasim, Zomato, L&T Infotech, Indus Towers, Godrej Properties, United Spirits, Jubilant Foodworks, HAL, United Breweries, Biocon, Concor, Ipca Labs, Zee Entertainment, Oil India and Happiest Minds.

IT firm Happiest Minds was an outlier with 100% delivery ratio as against the monthly average of around 62%. This shows the stock is now fairly on the long-term investors’ radar and punter activity in the counter is negligible.

Aditya Vikram Birla flagship Grasim is not too far behind with the delivery ratio crossing the 80% mark from 60%.

Among other large cap stocks, only ITC and Zomato saw delivery of about 50% or more after rising from the previous monthly average.

Mid-cap picks with long-term investors

It’s not just the large caps where some counters have seen an increase in delivery ratios. We also checked mid-cap stocks (current market capitalisation in the Rs 5,000-20,000 crore range) that have seen a visible change in delivery ratios above the 50% mark. In this list, we have companies like Alembic, Zydus, Godrej Agrovet, IIFL Finance, EPL, Jindal Stainless, Orient Electric, Vijaya Diagnostic and Great Eastern Shipping.

Other mid-cap stocks that also saw a rise in the delivery ratio include Polyplex, Chalet Hotels, Gujarat Alkalies, EaseMyTrip parent, Caplin Point, IRB Infrastructure, Tata Investment Corp, Blue Star, Sun Pharma Advanced Research, Rain Industries, NBCC, Mahindra CIE, Welspun India, UCO Bank and Brigade Enterprises.

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

Closing Bell: Sensex and Nifty end higher amid a volatile trading session.

Closing Bell: Sensex and Nifty end higher amid a volatile trading session.
by 5paisa Research Team 12/10/2021

A choppy trading session was seen on Tuesday with IT and select Oil and Gas stocks pulling the indices lower.

Domestic equity benchmarks Sensex and Nifty on Tuesday, October 12, 2021, moved within a tight range around the flatline in a choppy session. Still, the benchmark indices closed higher on the fourth consecutive session.

At the closing bell on October 12, the Sensex was up by 148.53 points or 0.25% at 60,284.31, while the Nifty ended up by 46 points or 0.26% at 17,992.00. On the decline-advance, about 1664 shares have advanced, 1483 shares declined, and 115 shares were unchanged.

Losses in IT and selected Oil & Gas shares pulled the indices lower. However, gains in auto and consumer goods shares kept the downside in check. Broader indices witnessed a mixed trading session, with the smallcap gauge going up 0.3% in late morning deals. All eyes were on quarterly earnings reports from India Inc for domestic cues.

On the sectoral front, the BSE Consumer Durables index jumped 2.92%, while auto, FMCG, metal and PSU Bank stocks rose by 1-2%. In the broader markets, BSE midcap and smallcap indices closed in green by rising 0.65% and 0.26%, respectively.

Among the top gainers today were, Titan Company, Bajaj Auto, Bajaj Finserv and SBI, while top losers for the day were HCL Technologies, Tech Mahindra, Ultra Tech Cement, TCS and M&M.

In Tuesday's trading session a hectic activity was witnessed in the PSU banking sector, while stocks from the two-wheeler and consumer durables saw good demand in line with the festive season. 

According to market experts, while we did see a continuation of profit booking in IT stocks, the small and midcap space was buzzing with accumulation across sectors. Also, a late surge in the metal index led by aluminium stocks gave support to the market rally.

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

Opening Bell: Here’s what you need to know before the market opens on October 13, 2021.

Opening Bell: Here’s what you need to know before the market opens on October 13, 2021.
by 5paisa Research Team 13/10/2021

Momentum likely to continue on D-Street, Retail inflation eases in September and IMF retained India’s growth at 9.5%. IT stocks would be in limelight as Infosys and few other notable names set to announce their quarterly earnings.

In the last trading session, the fag-end buying helped Indian benchmark indices to extended their winning streak for the fourth straight day on Tuesday. If we go by the early action in the SGX Nifty, it indicates that the markets are likely to pick up from where they had left in the last trading session. Nifty may open around 18,052 up by 48 points. But the question on everyone's mind is, what is helping the cause? The answer, the incoming macro data, which is certainly a cheerful one as retail inflation (CPI) for September eased to 4.35% vs 5.3% MoM. IIP for August came in at 11.9% vs 11.5% MoM, and cheery on the top is that the International Monetary Fund (IMF) report, where they retained India’s growth forecast at 9.5% for the FY 2021-22, while it is a trimmed forecast for the global economy.

Cues from Asian markets: It was a wobbly Wednesday for the Asian markets as Japan’s Nikkei 225 and China’s Shanghai Composite was down by 0.09% and 0.48%, respectively.

Overnight cues from US markets: All the three US stock indices spent a major part of Tuesday’s trading session hovering near the neutral line, but eventually ended the day with meagre losses. As a result, US stocks indices ended in red for the third straight day. The Dow dropped 0.3%, while the S&P 500 and tech-heavy Nasdaq slipped 0.2% and 0.1%, respectively. Going forward, market participants would look forward to the start of earnings season on Wednesday and the near-term movement of the markets would be dictated by their outcome.

Last session summary: After oscillating between positive and negative terrain, key equity benchmarks witnessed a strong rebound from lower levels, which helped in closing the session near the intraday high levels on Tuesday. The Nifty settled just shy of the 18,000 mark, while Sensex closed within striking distance of the 60,300 mark. The broader markets outperformed the frontline indices with Nifty Midcap 100 and Smallcap 100 rising by 0.55% and 0.80%, respectively.

Among sectoral indices, barring Nifty IT all other sectoral indices ended in positive terrain with Nifty PSU Bank advancing more than 3% to emerge as the top gainer.

FII’s and DII’s activity on Tuesday: Yet another day of selling was seen from both the FIIs and DIIs. FIIs were net sellers to the tune of Rs 278.32 crore, while the DIIs were net sellers to the tune of Rs 741.22 crore. 

Important events to watch out for: On the earning front, Infosys, Wipro and Mindtree will be in focus.

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