Produced by: Aseem Thapliyal
The domestic equity market was trading higher on Friday. Sensex rose 336 points to 72,387 and Nifty added 107 pts to 22,018.
VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services said, “The global market construct continues to be favourable with the mother market US remaining resilient with S&P 500 at record highs. Pockets of overvaluation in the broader market continue to be a worry. Banking stocks are fairly valued. RIL is strong.”
Shares of Gujarat Gas Ltd fell 6% in early trade today after international brokerage CLSA assigned a sell call to the stock post Q3 earnings. Gujarat Gas stock tumbled 6% to a Rs 546 against the previous close of Rs 580.85 on BSE. Market cap of Gujarat Gas fell to Rs 38,209 crore.
Shares of Rain Industries surged 13% to a 52-week high of Rs 207.55 on BSE. Market cap of Rain Industries rose to Rs 5873.22 crore. A total of 13.53 lakh shares of the firm changed hands amounting to a turnover of Rs 27.28 crore on BSE.
Shares of NIIT rose over 9% to Rs 135.65 on BSE. Market cap of the firm climbed to Rs 1801.64 crore. A total of 2.13 lakh shares of the firm changed hands amounting to a turnover of Rs 2.78 crore on BSE.
Shares of Data Patterns saw a high turnover of Rs 1118.06 crore. The stock rose 9.70% higher at Rs 2035.15 against the previous close of Rs 1855.20 on BSE. Market cap of the firm climbed to Rs 11,197 crore.
Shares of SJVN saw a turnover of Rs 39.12 crore on Friday. The stock fell 5.2% to Rs 118.50 on BSE. Market cap of the firm fell to Rs 47,570 crore.
Shares of IREDA rose 5% to Rs 185.50 level on BSE today. Market cap of the firm rose to Rs 47,815 crore. A total of 42.53 lakh shares of the firm changed hands amounting to a high turnover of Rs 76.25 crore on BSE.
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