Produced by: Aseem Thapliyal Designed by: Mohsin Shaikh
The domestic equity market was trading higher on Wednesday. Sensex rose 271 points to 71,608 and Nifty gained 84 pts to 21,525.
VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services said, "The resilience of the market even in the holiday season, which is normally devoid of much action, is an indication of its underlying bullishness. The global support to the market from the mother market US where the S&P 500 is close to all-time high is significant. Investors should give priority to high quality bluechips which are doing well and have good earnings visibility. A correction in the broader market is inevitable."
Shares of Gujarat Themis Biosyn rose to a 52 week high of Rs 236.15 on BSE. The firm saw 59.31 lakh shares changing hands amounting to a high turnover of Rs 129.78 crore on BSE. Market cap of the firm rose to Rs 1612.32 crore.
Shares of National Aluminium rose nearly 2% to Rs 117.95 today. The firm saw 83.10 lakh shares changing hands amounting to a high turnover of Rs 97.22 crore on BSE. Market cap of the firm rose to Rs 21,530 crore.
Shares of SAIL rose over 2% to a 52 week high of Rs 118.15 today. The firm saw 60.61 lakh shares changing hands amounting to a high turnover of Rs 70.85 crore on BSE. Market cap of the firm rose to Rs 47,805 crore .
Shares of Mazagon Dock rose 4% to Rs 2382.55 today. The firm saw 2.98 lakh shares changing hands amounting to a high turnover of Rs 69.41 crore on BSE. Market cap of the firm rose to Rs 47,255 crore.
Shares of Happy Forgings made a strong debut at Dalal Street as the forgings and high-precision machined components manufacturer debuted at Rs 1,001.25, a premium of 18 per cent, at the National Stock Exchange (NSE), against the issue price of Rs 850 apiece. The scrip listed at a premium of 18 per cent at Rs 1,000 on the BSE.
Shares of Adani Green Energy Ltd (AGEL) rose 3.6% to Rs 1657.50 as the firm announced the completion of its 1,050 MW joint venture (JV) with TotalEnergies. As a part of this JV, TotalEnergies has invested $300 million in AGEL subsidiary for acquiring a 50 per cent stake in the projects.
Shares of Bank of Baroda gained nearly 3% to a 52 week high of Rs 233.75 on BSE. The bank saw 7.60 lakh shares changing hands amounting to a turnover of Rs 17.52 crore on BSE. Market cap of the bank rose to Rs 1.19 lakh crore.
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