Page 75 - Market Trends

Nandish Shah recommends a Bull spread on Chambal Fert for December

The derivative analyst from HDFC Securities recommends buying December 400 Call and selling 430 Call based on the following four rationales.

Latent View dream run continues, zooms 43% in two days after bumper debut

With past two day's over 40% rally, the stock zoomed 257 per cent from its issue price of Rs 197 per share.

GSK Pharma surges 11%, hits 52-week high on improved outlook

The management expects this positive momentum to continue through the second half of the year driving the company towards the better end of a meaningful performance improvement.

RIL gains 3% on plans to hive-off gasification assets into separate unit

RIL said the Scheme will also enable the company to evaluate unlocking the value of syngas, with a collaborative and asset-light approach involving induction of investor(s) in the gasifier subsidiary

IndusInd Bank falls to a 6-month low, down 20% in 3 weeks

The stock was trading lower for the fifth straight day, down nearly 2% at Rs 956.10, quoting at its lowest level since May 17, 2021.

Siemens dips 8% on profit booking after Q4 margin disappointment

Q4FY21 Ebitda margin declined 250 bps to 10.4 per cent as against 12.9 per cent in Q4FY20 impacted by higher other expenses, gross margins

Adani Enterprises gains 5%, hits new high; market-cap nears Rs 2-trn mark

Thus far in the month of November, the stock has outperformed the market, by surging 25.5 per cent, as compared 0.75 per cent decline in the S&P BSE Sensex

IOB, Central Bank of India surge up to 20% on privatisation buzz

IOB has surged 20 per cent to Rs 23.80, while CBI gained 15 per cent on the BSE in intra-day trade today.

Sugar shares in demand; Triveni, Dhampur, Balrampur surge up to 11%

Tight global demand-supply situation, favourable government policies and continuous push for higher blending will keep the inventory levels under control and sugar prices firm

Stocks to Watch: Airtel, RIL, Siemens, Escorts, Radhe Dev, Indian Metals

Upside in Vedanta may be capped unless commodity prices rebound, say analyst

Raymond rallies 14%, hits 21-month high on heavy volumes

According to media reports, the Raymond Group is working toward re-organising its businesses into five core revenue streams, deploying professional boards to raise growth capital in the future

Lyka Labs hits 5% upper circuit after Ipca buys 1 mn shares via bulk deals

On Monday, Ipca Laboratories purchased 1.05 million equity shares representing 3.65 per cent stake in Lyka Labs at price of Rs 123 per share on the BSE via bulk deals

Paytm bounces back, gains 7% after a 37% fall in two trading sessions

The board of Paytm is scheduled to meet on Saturday, November 27, 2021 to consider financial results of the company for the quarter and half year ended on September 30, 2021.

Vedanta up 8% as Moody's sees no impact on credit quality post biz spin-off

Vedanta had recently announced that its board of directors have formed a subcommittee to evaluate a potential spinoff of its aluminum, iron and steel, and oil and gas businesses into separate listed c

JBM Auto surges 9% on stock split plan, up 62% in 11 trading sessions

The board of directors of JBM Auto are scheduled to meet on December 8, 2021 to consider and approve the proposal of sub-division of company's equity shares having face value of Rs 5 each

Reliance Industries slips 4% on calling-off Saudi Aramco deal

Saudi Aramco was suppose to acquire 20 per cent stake in Reliance's oil to chemicals (O2C) business

Escorts stock zooms 8% as Japan's Kubota to raise stake, make open offer

Japan-based Kubota invests Rs 1,874 crore to acquire 9.66 mn shares through preferential route at Rs 2,000 per share

Zensar Tech dips 9% after over 10% equity change hands via block deals

At 09:15 am; around 26.82 million shares representing 11.87 per cent of total equity of Zensar Technologies changed hands on the BSE, the exchange data showed.

Vedanta dips 3% after company announces value unlocking plans

The board to evaluate and recommend a range of options and alternatives, including demergers, spin-offs or strategic partnerships of its aluminium, iron & steel, and oil & gas businesses

Maruti Suzuki India surges 11% in 2 days, nears 52-week high

The stock was quoting higher for the fourth straight day and trading close to its 52-week high of Rs 8,400 touched on January 13, 2021