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Shares of Reliance Power (up 20 per cent) , Reliance Infrastructure (up 9.83 per cent) , Bharat Heavy Electricals (up 4.54 per cent) and Tata Power Company (up 3.80 per cent) were trading in the positive zone.
Brent oil prices are expected to continue trading around the investment bank's $60 per barrel forecast in 2020, it said in a research note dated Tuesday.
Brent crude oil prices will likely continue trading around current levels in 2020, Goldman Sachs said on Wednesday, with slowing economic growth and geopolitical concerns failing to create large waves in the market.
Reliance industries.... Falling...
Around 67 stocks fell to touch their 52-week lows on NSE in Wednesday's session. Among the stocks that touched their 52-week lows were RBL Bank, Force Motors, Lakshmi Vilas Bank, TCPL Packaging and Thomas Cook
Around 17 stocks rose to touch their 52-week highs on NSE in Wednesday's session. Adani Transmission, Agro Phos India, Atul, Blue Star, Grand Foundry, Deepak Nitrite, Jump Networks, Siemens, Titan Company and Westlife Development.
Shares of Jindal Steel & Power (down 1.69 per cent) , APL Apollo Tubes (down 1.34 per cent) , Hindustan Copper (down 1.15 per cent) and Jindal Stainless (Hisar) (down 1.00 per cent) were the top losers in the index.
Shares of Indian Bank (up 4.28 per cent) , Oriental Bank of Commerce (up 2.39 per cent) , Bank of India (up 2.02 per cent) and State Bank of India (up 1.89 per cent) were the top performers in the index.
Shares of Indiabulls Ventures (up 4.69 per cent) , Power Finance Corporation (up 2.86 per cent) , ICICI Lombard General Insurance Company (up 2.80 per cent) and REC (up 2.47 per cent) were trading with gains.
Shares of Jubilant Foodworks (up 6.42 per cent) , Colgate-Palmolive (India) (up 2.40 per cent) , Britannia Industries (up 1.73 per cent) and United Spirits (up 1.30 per cent) were trading with gains.
Shares of Bharat Heavy Electricals (up 6.18 per cent) , NBCC (India) (up 2.38 per cent) , Honeywell Automation India (up 2.07 per cent) and Lakshmi Machine Works (up 1.87 per cent) were trading with gains.
Shares of Burnpur Cement (up 4.35 per cent), India Cements (up 3.72 per cent), Kakatiya Cements Sugar & Industries (up 3.18 per cent), Deccan Cements (up 3.05 per cent) and Sagar Cements (up 1.70 per cent) were among the top gainers.
Shares of Reliance Infrastructure (up 10 per cent) , Tata Power Company (up 4.30 per cent) , Adani Transmission (up 3.36 per cent) and Bharat Heavy Electricals (up 2.70 per cent) were trading with gains.
Shares of Titan Company (up 2.47 per cent) , PC Jeweller (up 1.69 per cent) , Voltas (up 1.59 per cent) and Blue Star (up 0.84 per cent) were the top performers in the index.
Shares of IT major Infosys rose more 2%, a day after a plunge in the stock amid whistleblower complaints that its top two executives engaged in unethical practices wiped out nearly Rs53,000cr of investor wealth.
Nifty IT index gained in the afternoon session on Wednesday’s trade on the NSE. The index rose 154 points at 14,843.55 levels. Buying was seen in Just Dial, HCL Tech, Infosys and Tech Mahindra kept IT index up.
Jhunjhunwala also reduced his stake in five companies including CRISIL, Lupin, Firstsource Solutions, Titan Company, and Ion Exchange.
Table: 25 companies in Rakesh Jhunjhunwala portfolio that have released shareholding data by October 18. Please note that this may or may not be an exhaustive list of Rakesh Jhunjhunwala’s portfolio but only a list of companies in which he holds over a 1 percent stake.
Jhunjhunwala increased his stake in five companies which include names like Federal Bank, VIP Industries, Agro Tech Foods, NCC and TV18 Broadcast. These stocks have fallen 9-40 percent so far in 2019, according to data collated from AceEquity.
AVOID fresh LONGS... ICICI BANK, HDFC, HDFC BANK, AXIS BANK, SBI, RELIANCE INDUSTRIES.... If you have LONGS Use proper stoploss or Hedging.... Tomorrow, Maharashtra and Haryana Assembly elections Poll results day....