Produced by: Aseem Thapliyal Designed by: Manoj Kumar
Indian equity benchmarks were trading higher today. Sensex gained 55 points to 65,985 and Nifty rose 19 pts to 19,803.
V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said, “The uptrend in the market is intact with global support coming from the easing US bond yields. The US 10-year bond yield at 4 percent is a strong pillar of support for equity markets. Resilience in large-caps like RIL, Bharti and HDFC Bank can continue to support the uptrend. An important market technique is that the daily market range is getting narrower. This may preclude sharp moves in the market.. Investors can continue to accumulate high quality large-caps, particularly in banking and autos where the margin of safety is high."
Shares of Titan Company hit a record high of Rs 3425 in early trade today. The Competition Commission of India (CCI) has cleared the acquisition of an additional 27.18 percent shareholding in CaratLane Trading by Titan Company. Market cap of the firm rose to Rs 3.03 lakh crore. Total 7128 shares of the firm changed hands amounting to a turnover of Rs 2.43 crore.
Shares of Vardhman Textiles hit a record high of Rs 422 in early trade today. Vardhman Textiles shares rose 9.81% on BSE today against the previous close of Rs 384.30 on BSE. Market cap of the firm rose to Rs 11,993 crore. Total 1.25 lakh shares of the firm changed hands amounting to a turnover of Rs 5.16 crore.
Shares of Bombay Dyeing rose over 5% to Rs 174.75 in early deals today. Total 5.20 lakh shares of the firm changed hands amounting to a turnover of Rs 8.92 crore on BSE today. Market cap of Bombay Dyeing rose to Rs 3563.76 crore.
Shares of Suzlon Energy Ltd hit lower circuit of 5 per cent in Wednesday’s trade. Suzlon Energy shares fell 5 per cent to hit a low of Rs 37.32. The Suzlon Energy stock has risen 248 per cent year-to-date.
Shares of RattanIndia Power fell 5% to Rs 9.13 today against the previous close of Rs 9.61 on BSE. Total 267.64 lakh shares of the firm changed hands amounting to a turnover of Rs 24.44 crore on BSE today. Market cap fell to Rs 4902.91 crore. The stock was among the top BSE losers today.
Shares of KPIT Technologies fell 6% to hit a low of Rs 1415 on BSE. Market cap of the firm fell to Rs 39,744 crore. Total 2.06 lakh shares of the firm changed hands amounting to a turnover of Rs 30.07 crore on BSE today. Market cap of KPIT Technologies fell to Rs 39,744 crore. The stock was among the top BSE losers today.
Shares of Inox Wind rose over 7.5% to Rs 266.50 in early deals. The firm logged a turnover of Rs 4.19 crore as 1.62 lakh shares of the firm changed hands on BSE today. Market cap of Inox Wind rose to Rs 8592 crore.
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