Produced by: Aseem Thapliyal
The domestic equity market was trading higher in the afternoon session today. Sensex gained 65 points to 72,469 and Nifty rose 40 pts to 21,997.
VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services said, "If the election results turn out to be favourable from the market perspective, aggressive buying by DIIs, retail and HNIs can push the market sharply up. So, investors can wait for clarity to emerge on the political front. Meanwhile long-term investors can slowly accumulate high quality largecaps, particularly those in banking and automobiles that have delivered good Q4 results."."
Zen Technologies stock was stuck in the upper circuit of 5% at Rs 933.70 on BSE against the previous close of Rs 889.25. Market cap of the defence firm climbed to Rs 7847 crore on BSE. Total 9694 shares of the firm changed hands amounting to turnover of Rs 88.93 lakh.
Shares of Asian Paints fell to a 52 week low for the second session today after the firm reported its Q4 earnings. The stock fell 1.47% to a yearly low of Rs 2671 today. Market cap of the firm stood at Rs 2.65 lakh crore. Total 1.62 lakh shares of the firm changed hands amounting to a turnover of Rs 44.62 crore. Net profit rose to Rs 1275.30 crore in the last quarter against Rs 1258.41 crore in the March 2023 quarter.
Shares of Jio Financial were trading flat at Rs 341.80 today. Market cap of the firm stood at Rs 2.17 lakh crore. Total 28.72 lakh shares of the firm changed hands amounting to a high turnover of Rs 98.28 crore.
Shares of Tata Power were trading 1% lower at Rs 409.85 today. Market cap of the firm stood at Rs 1.30 lakh crore. Total 21.23 lakh shares of the firm changed hands amounting to a high turnover of Rs 87.48 crore.
Shares of Waaree Renewable were stuck in the lower circuit of 5% at Rs 2564 today. Market cap of the firm slipped at Rs 26,703 crore. Total 2.97 lakh shares of the firm changed hands amounting to a high turnover of Rs 76.37 crore.
Shares of NHPC saw a high turnover of Rs 80.59 crore as 86.59 lakh shares of the firm changed hands on BSE. Market cap of the firm slipped to Rs 93,398 crore. NHPC stock was trading at Rs 92.77 on BSE.
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