Produced by: Aseem Thapliyal
The domestic equity market was trading lower in the afternoon session today. Sensex fell 181 points to 72,923 and Nifty lost 35 pts to 22,182.
V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services said, “ A clear change in the market direction will happen when clarity emerges on the election results in India. A high probability is DIIs, HNIs and retail investors buying aggressively if the election results are favourable from the market perspective. Such aggressive buying can put the FIIs on the back foot. FII-heavy largecaps will continue to be weak and this will be an opportunity for investors to accumulate them.”
Thermax stock rallied 14% to its record high of Rs 5347. Market cap of the firm rose to Rs 60,779 crore. Total 0.19 lakh shares of the firm changed hands amounting to a turnover of Rs 9.65 crore.
Shares of Tata Motors were trading on a flat note at Rs 956.50 in early deals today. Market cap of the firm rose to Rs 3.17 lakh crore. Total 6.66 lakh shares of the firm changed hands amounting to a high turnover of Rs 64.17 crore.
Shares of Waaree Renewable Technologies were stuck in the upper circuit of 5% at Rs 2429.75 against the previous close of Rs 2314.05. Market cap of the firm climbed to Rs 25,282 crore. Total 8.88 lakh shares of the firm changed hands amounting to the highest turnover of Rs 209.30 crore.
Shares of Aadhar Housing Finance rose 8% to Rs 339.30 after a muted market debut today. Market cap of the firm rose to Rs 14,461 crore. Total 24.24 lakh shares of the firm changed hands amounting to a turnover of Rs 77.43 crore. Earlier, the stock listed at Rs 315 on NSE, its IPO issue price.
Shares of Adani Power hit their record high of Rs 647.80 against the previous close of Rs 627.65 on BSE. Market cap of the firm climbed to Rs 2.45 lakh crore in the current session.
Shares of Cummins India hit their record high in early deals today. The stock climbed 2.31% to a high of Rs 3655 against the previous close of Rs 3572.45 on BSE. Market cap of the firm rose to Rs 1.01 lakh crore on Tuesday.
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