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Rashtriya Chemicals & Fertilizers
Capacite Infra Projects
L&T Infotech
Castrol India
Nifty’s 12,300 put option contract was among the most active Nifty option contracts on National Stock Exchange.
Premium on the contract, which is set to expire on Jan. 16, rose 9.8 percent to Rs 25.70. About 1.36 shares were removed from the open interest which stood at over 30.26 lakh shares.
United Bank of India
Mindtree
Gujarat Pipavav Port
Source: Bloomberg
Shares of Rashtriya Chemicals & Fertilizers rose as much as 13.1 percent, the most since Oct. 30, 2019, to Rs 59.90.
The stock returned 6.8 percent in the past five days and advanced 15 percent in the past 30 days, according to Bloomberg data.
Meanwhile shares of National Fertilizers and Chambal Fertilizers rallied as much as 16 percent and 8 percent respectively
U.S. and European equity futures dipped and Asian stocks retreated as traders mulled signs that Sino-American tensions will extend beyond the scheduled signing of the phase-one trade deal.
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Source: Bloomberg
The markets could see a ‘smart recovery’ during the second half of today’s trading session if the Nifty holds 12,300 levels, according to TradingBells’ Senior Analyst Santosh Meena.
“The Nifty is trying to respect the support of 12,300 level where if manages to hold this level then we can expect a smart recovery in the second half,” Meena said in a mailed statement.
Shares of Larsen & Toubro Infotech rose 2.4 percent to Rs 1,923 after announcing December quarter results. The stock had risen as much as 6.7 percent earlier.
Key Earnings Highlights (Q3, QoQ)
Shares of Adani Gas extended gains for the third consecutive trading session. The stock rose as much as 4.8 percent to Rs 177.40.
The company appointed Total SA’s India head Alexis Thelemaque as an additional director in the board.
The stock returned 3.7 percent in the past five days and 15 percent in the past 30 days, according to Bloomberg data.
Shares of Larsen & Toubro rose as much as 0.76 percent to Rs 1,336.15.
The company secured ‘large’ orders—valued at Rs 2,500-5,000 crore—according to its classification of projects from its clients for varied businesses, according to its statement on the exchanges.
The stock resumed gains after a one-day blip.
Shares of Yes Bank halted their three-day losing streak. The stock rose as much as 4.9 percent to Rs 40.45.
The Mumbai-based lender will seek shareholder’s nod for increasing authorised share capital from Rs 800 crore to Rs 1,100 crore, and to authorise this capital raising via the issue of equity or other convertible securities, on Feb. 7.
Besides, the bank also acquired 30 percent stake in Reliance Power’s wholly-owned arm Rosa Power Supply through the invocation of a pledge of 12.73 crore shares.
The stock slumped 19 percent in the last three trading sessions.
Shares of CSB Bank halted their three-day losing streak. The stock rose as much as 4.7 pecent, the most since Jan. 7, to Rs 202.
The lender said that the regulatory restrictions imposed by the Reserve Bank of India on the opening of new branches, in view of the delayed initial public offering of shares of the Bank, have been lifted, with effect from Jan. 10. The Bank can now open new branches subject to approval from RBI.
Trading volume was almost four times its 20-day average, Bloomberg data showed. Of the shares traded, 18 percent were at the ask price and 71 percent were at the bid.
Nifty’s 12,300 put option contract was among the most active Nifty option contracts on National Stock Exchange.
Premium on the contract, which is set to expire on Jan. 16, rose 76.28 percent to Rs 41.25. About 10,200 shares were removed from the open interest which stood at over 31.52 lakh shares.
Indian stocks extended opening declines.
The S&P BSE Sensex fell 0.5 percent to 41,742 to 41,744.60 and the NSE Nifty 50 fell 0.53 percent to 12,296.85. The broader markets represented by the NSE Nifty 500 Index fell 0.35 percent.
Mindtree (Q3, QoQ)
Tata Steel BSL (Q3, YoY)
Shares of Canara Bank fell as much as 2.8 percent to Rs 209.60.
The public sector lender called off the divestment process of its entire stake in Can Fin Homes, which was under the progress. The bank has 30 percent stake in Can Fin Homes.
Shares of Adani Green Energy hit their lower circuit of 5 percent for the fourth consecutive trading session. Prior to Jan. 10, the stock had risen for nine consecutive trading sessions.
The stock declined 14 percent in the past five days and advanced 43 percent in the past 30 days, according to Bloomberg data.
Shares of DFM Foods rose as much as 13.2 percent, the most since Dec. 20, 2019, to Rs 286.
About 2.7 crore shares of the company changed hands in a in pre-market special window on Bombay Stock Exchange, Bloomberg data showed. Buyers and sellers were not known immediately.
Trading volume was more than 200 times its 20-day average, according to Bloomberg data. The stock returned 6.1 percent in the past five days and 11 percent in the past 30 days.
Shares of IndusInd Bank fell as much as 3.2 percent to Rs 1,435. The stock was the worst performer on Sensex and Nifty.
The company had reported is December quarter results yesterday.
Key Earnings Highlights (Q3)
Indian stocks opened lower after gaining for four consecutive trading sessions.
The S&P BSE Sensex fell 0.23 percent to 41,858 and the NSE Nifty 50 fell 0.27 percent to 12,328. The broader markets represented by the NSE Nifty 500 Index fell 0.19 percent.
The market breadth, however, was tilted in favour of buyers. About 755 stocks advanced and 680 shares declined on National Stock Exchange.
All the 11 sectoral gauges compiled by NSE traded lower, led by the NSE Nifty Metal Index’s 0.83 percent gain.
Indian stocks are set to open higher.
The S&P BSE Sensex rose 0.36 percent to 41,305.75 during the pre-market trade and the NSE Nifty 50 rose 0.05 percent to 12,368.05.
Mindtree (Q3, QoQ)
Tata Steel BSL (Q3, YoY)
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