36 stocks send bullish signals on MACD Some 36 stocks on the NSE flashed the ‘buy’ signal on the MACD indicator during Friday’s trade. They included Coal India, TVS Motor, Sun TV Network, Voltas, Indian Hotels, Welspun India, Inox Leisure, Dish TV and Khadim India, among others
Most active counters On the other hand, Kotak Mahindra Bank (Rs 14,982 crore), Bajaj Finance (Rs 6,048 crore), Adani Green (Rs 5,149 crore) and Reliance Industries (Rs 4,228 crore) stood among most active in terms of value.
Most active counters With a total traded quantity of 109.51 crore shares, YES Bank emerged as the most active stock on the NSE in terms of volume. It was followed by NTPC (21.69 crore), Vodafone Idea (21.12 crore) and Tata Motors (12.59 crore).
Stocks that hit upper circuits As much as 329 stocks on the BSE hit their upper circuits on the BSE. Some of the stocks in the list included 63 Moons, Refex, Edelweiss Financial Services, DHFL and Aarti Surfactants, among others.
Stocks hit fresh 52-week high/lows Some 83 stocks on the NSE scaled their fresh 52-week high during the day. The list included stocks such as Aarti Surfactants, Alkyl Amines, APL Apollo Tubes, Biofil Chemical, CG Power, Dalmia Bharat and DB Realty among others.
CG Power and Industrial Solutions hit the upper circuit after it said Murugappa Group firm Tube Investments of India (TII) has acquired a controlling stake in it and now holds 50.62 per cent stake in the company. The scrip settled 4.97 per cent higher at Rs 41.15.
The trade setup looked positive in MGL, IGL, L&T Finance, Cadila, Cummins India, Chola Finance, TVS Motor, Voltas, Tata Power, Manappuram, Tata Consumer, Bata India and Divi’s Labs but weak in McDowell, IndiGo, BPCL, HPCL and Pidilite Industries.
Nifty futures closed negative at 12997 level, with a marginal loss of 0.20 per cent.
Blackrock Emerging Market Fund Inc sold over 47.79 lakh shares of LIC Housing Finance at Rs 329.18 per share. On the other hand, Integrated Core Strategies (Asia) Pte bought over 58.78 lakh shares at Rs 330.17 per share of the company.
Britannia Industries, Bosch, Balkrishna Industries, Greaves Cotton, IPCA Labs, Kotak Mahindra Bank and L&T Infotech also witnessed bulk deals.
Oil prices were mixed on Friday in quiet trade due to the U.S. Thanksgiving holiday, with West Texas Intermediate (WTI) dropping more than 1% amid concerns about oversupply and doubts about a vaccine to end the coronavirus pandemic.
Kalpataru Power Transmission Ltd "The company has bought back 58,06,262 equity shares at an average price of Rs 245.75 per equity share," according to a BSE filing. (2/2)
Kalpataru Power Transmission Ltd on Friday said it has bought back 58.06 lakh equity shares for Rs 142.68 crore, which constitutes 71.34 per cent of the buyback size on the offer. (1/2)
What to watch out for: ... like RBI policy meeting, release of Manufacturing and Service PMI and banking business data which will be decisive factors driving the market in the upcoming week,” said Vinod Nair, Head of Research at Geojit Financial services. (2/2)
Here's how MRF and Balkrishna Industries compared with each other in Q2. . . #finologyticker #investing #tyres #Industry #SATURDAY
Expectations for the Week All eyes could be on RBI’s MPC meeting scheduled for next week, waiting for comments on the likely inflation trend and any upward revision of growth forecasts.
Market News Trending Companies
|Cadila Healthcare Ltd||260.00||1.38%|
|Infibeam InCorp Ltd||54.15||-1.10%|
|Ruchi Soya Industries Ltd||3.35||-4.29%|
|The Mandhana Retail Ventures Ltd||12.70||-0.79%|
|Jai Balaji Industries Ltd||26.65||-6.86%|
|JMT Auto Ltd||1.25||-3.85%|
|Gayatri Projects Ltd||83.95||0.12%|
|3i INFOTECH Ltd||2.30||9.52%|
|Kalpataru Power Transmission Ltd||420.95||1.12%|
|Max Financial Services Ltd||564.05||2.41%|
|New Delhi Television Ltd||26.50||-3.99%|
|Asian Hotels (West) Ltd||355.35||-1.85%|
|End of day prices|