Produced by: Aseem Thapliyal Designed by: Manoj Kumar
The domestic equity market was trading at record highs in early trade on Wednesday. Sensex rose 325 points to 69,621 and Nifty added 82 points to 20,937. IT and capital goods stocks were the top gainers with their BSE indices rising 300 pts and 390 pts, respectively.
VK Vijayakumar, Chief Investment Strategist at Geojit Financial said, "Even though the undertone is bullish, the market is likely to consolidate in the near-term since up moves will be countered with profit booking by DIIs and individual investors who are sitting on big profits. Dips will be bought by FIIs who have emerged as sustained buyers. The continuous decline in U.S. bond yields ( the 10-year yield is now below 4.20 %) will ensure FII buying."
Shares of Adani Total Gas Ltd zoomed over 18% in early deals today after amid a rally in the broader market. Adani Total Gas shares rose 18.42% to Rs 1040 against the previous close of Rs 878.20 on BSE. Market cap of the firm rose to Rs 1.14 lakh crore on BSE. A total of 15.20 lakh shares of the firm changed hands amounting to a turnover of Rs 151.45 crore on BSE.
Shares of Adani Wilmar Ltd zoomed over 7% in early deals today amid Sensex and Nifty scaling record highs for the third consecutive session. Adani Wilmar stock rose to Rs 410 against the previous close of Rs 380.70 on BSE. In the current session, Adani Wilmar stock was trading 5.71% higher at Rs 402.45 against the previous close of Rs 380.70. Market cap of the firm stood at Rs 52,305 crore.
Shares of Adani Power hit a fresh 52-week high today amid a record run in the broader markets. The Adani Group stock gained 9.43% intraday to a fresh high of Rs 589.30 on BSE today. Market cap of the firm rose to Rs 2.22 lakh crore. The firm saw 18.31 lakh shares changing hands amounting to a high turnover of Rs 104.91 crore on BSE. Adani Power stock has risen 118.25% in six months and gained 92.52% this year.
Shares of Suzlon Energy fell 3.25% to Rs 38.40 in early trade today. Suzlon Energy stock opened at Rs 39.09 today, lower than the previous close of Rs 39.69 on BSE. Total 70.97 lakh shares of Suzlon Energy changed hands amounting to a turnover of Rs 27.40 crore on BSE. Suzlon Energy’s market cap slipped to Rs 52,604 crore.
Shares of Balaji Amines rose over 12% to Rs 2315 against the previous close of Rs 2057.65 on BSE. Market cap of the firm climbed to Rs 7489.65 crore. Total 0.71 lakh shares changed hands amounting to a turnover of Rs 15.70 crore on BSE.
Shares of Tata Power hit a fresh 52-week high today. Tata Power climbed over 4% to Rs 294. Total 24.77 lakh shares of the firm changed hands amounting to a turnover of Rs 71.42 crore on BSE. Market cap of the firm rose to Rs 93,735 crore.
Shares of Adani Ports and Special Economic Zone Ltd (APSEZ) zoomed 7% to a record high of Rs 1082.95 today. Market cap of the firm climbed to Rs 2.23 lakh crore on BSE. Total 19.82 lakh shares of the firm changed hands amounting to a high turnover of Rs 207.37 crore on BSE.
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