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Sensex, Nifty End At Fresh Record Closing In Special Trading Sessions As Tata Steel, L&T Lead

Sensex, Nifty End At Fresh Record Closing In Special Trading Sessions As Tata Steel, L&T Lead
NSE (Source: Vishal Patel/NDTV Profit)
2 years ago
Get live updates on Indian stock markets here for March 02.

  • H.G. Infra Engineering Ltd. received LoA from South Central Railway for a construction project worth Rs 447.1 crore.

  • Source: Exchange filing

Torrent Power stock rose as much as 5% during the day to hit an upper circuit of Rs 1,172.05 apiece on the NSE. It was trading 3.92% higher at Rs 1160 apiece, compared to a 0.25% advance in the benchmark Nifty 50 as of 10:00 a.m.

It has risen 124.98% in the last 12 months. The total traded volume so far in the day stood at 0.4times its 30-day average. The relative strength index was at 57.6.

Three out of the 11 analysts tracking Torrent Power have a 'buy' rating on the stock, as many as two recommend a 'hold' and six suggest a 'sell', according to Bloomberg data. The average of 12-month analyst price targets implies a potential decline of 16.3%.

At the pre-open of session 2, the S&P BSE Sensex Index was up 244.70 points, or 0.33%, at 73,990.05 while the NSE Nifty 50 was 69.65 points or 0.31% higher at 22,408.4.

The benchmark indices closed session 1 higher after hitting new fresh highs on the special trading day

As of 10:00 a.m., the S&P BSE Sensex Index was up 114.91 points, or 0.16%, at 73,860.19 while the NSE Nifty 50 was 56.25 points or 0.25% higher at 22,395.

Zee's stock rose as much as 2.83% during the day to Rs 159.7 apiece on the NSE. It was trading 2.06% higher at Rs 158.5 apiece, compared to a 0.25% advance in the benchmark Nifty 50 as of 10:00 a.m.

It has declined 19.71% in the last 12 months. The total traded volume so far in the day stood at 0.3times its 30-day average. The relative strength index was at 37.

Two out of the 22 analysts tracking Zee have a 'buy' rating on the stock, as many as four recommend a 'hold' and 16 suggest a 'sell', according to Bloomberg data. The average of 12-month analyst price targets implies a potential upside of 14%.

Paytm's stock fell as much as 1.76% during the day to Rs 416 apiece on the NSE. It was trading 1.11% lower at Rs 418.75 apiece, compared to a 0.25% advance in the benchmark Nifty 50 as of 10:04 a.m.

It has declined 30.72% in the last 12 months. The relative strength index was at s40.7.

six out of the 14 analysts tracking Paytm have a 'buy' rating on the stock, as many as three recommend a 'hold' and five suggest a 'sell', according to Bloomberg data. The average of 12-month analyst price targets implies a potential upside of 60.8%.

JFS stock rose as much as 3.7% during the day to Rs 329.65 apiece on the NSE. It was trading 3.43% higher at Rs 328.8 apiece, compared to a 0.26% advance in the benchmark Nifty 50 as of 09:57 a.m.

It has risen 32.1% in the last 12 months. The total traded volume so far in the day stood at 0.6times its 30-day average. The relative strength index was at 70.

One analyst tracking JFS has a 'buy' rating on the stock, according to Bloomberg data. The average of 12-month analyst price targets implies a potential decline of 11.5%.

At pre-open of session 1, the S&P BSE Sensex Index was up 102.84 points, or 0,14%, at 73,848.19 while the NSE Nifty 50 was 68.2 points or 0.31% higher at 22,406.95.

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