Page 76 - Market Trends
L&T Infotech, L&T Technology, KPIT Technologies hit record highs
LTTS has gained 7 per cent after the company was selected as an engineering partner by Mavenir and NVIDIA, to accelerate adoption of the industry's first converged AI-on-5G
 "L&T Infotech, L&T Technology, KPIT Technologies hit record highs")
Spandana Sphoorty Financial hits 52-week low, falls 11% in one week
The company said there will be an unavoidable delay in submission of financial results for the quarter ended September 30, 2021
 "Spandana Sphoorty Financial hits 52-week low, falls 11% in one week")
The share price of this auto company has zoomed 100% in just two months
JBM Auto is cautiously optimistic for FY22 due to higher spend in infrastructure, PLI scheme, scrappage policy and the work done so far within the company.
 "The share price of this auto company has zoomed 100% in just two months")
Macrotech Developers up 14% on QIP issue; stock gains 200% in 7 months
The floor price of the QIP issue is Rs 1,184.70 per equity share, Macrotech Developers said in a regulatory filing.
 "Macrotech Developers up 14% on QIP issue; stock gains 200% in 7 months")
ACC, Grasim: Cement stocks have more steam left in the short-term
All the major cement stocks are gearing up for next upside, check the near term support and likely targets here
 "ACC, Grasim: Cement stocks have more steam left in the short-term")
Auto shares in focus; Motherson Sumi, Varroc, Sharda Motor rally up to 10%
As of 10:09 AM, the S&P BSE Auto index was the top sectoral gainer up 1.1 per cent as compared to 0.31 per cent decline in the S&P BSE Sensex
 "Auto shares in focus; Motherson Sumi, Varroc, Sharda Motor rally up to 10%")
Policybazaar surges 16% after strong debut, up 43% against issue price
On Monday, November 15, 2021, Capital Research And Management Co A/C New World Fund Inc had purchased 3.41 million equity shares at price of Rs 1,192.96 per share.
 "Policybazaar surges 16% after strong debut, up 43% against issue price")
Sigachi Inds makes stellar debut, lists at 253% premium to its issue price
At 10:09 am; the stock was locked at the maximum 5 per cent upper circuit at Rs 603.75, a 270 per cent jump over its issue price of Rs 163 per share
Bajaj Finance, TCS likely to resume upward trend, says Vaishali Parekh
Both the stocks seem to have bottomed out and select indicators on the charts have turned favourable for these stocks, says the technical analyst from Prabhudas Lilladher
 "Bajaj Finance, TCS likely to resume upward trend, says Vaishali Parekh")
Zomato, Devyani scale new highs on MSCI inclusion, stocks rally up to 15%
The Global Index provider, MSCI, has added Zomato in its MSCI Global Standard India Index and added Devyani International in MSCI India Domestic Small Cap Index.
Nykaa enters top-50 most-valued firms club, stock up 109% from issue price
At 12:10 PM, with a market-cap of Rs 1.10 trillion, Nykaa stood at 48th position in overall market-cap ranking, the BSE data showed
 "Nykaa enters top-50 most-valued firms club, stock up 109% from issue price")
InterGlobe Aviation gains 6% on heavy volumes, stock nears record high
Till 10:34 AM, around 4.28 million equity shares representing 1.1 per cent of total equity of InterGlobe Aviation had changed hands on the BSE
 "InterGlobe Aviation gains 6% on heavy volumes, stock nears record high")
Fino Payments Bank makes weak debut, lists at 6% discount to issue price
The stock opened at Rs 544.35, a 6% discount to its issue price of Rs 577 per share
 "Fino Payments Bank makes weak debut, lists at 6% discount to issue price")
Bharat Bijlee scales fresh 13-year high; zooms 45% in 2-weeks post Q2 nos
In Q2FY22, power systems segment posted PBIT of Rs 7.16 crore against loss of Rs 2.10 crore in Q2FY21.
 "Bharat Bijlee scales fresh 13-year high; zooms 45% in 2-weeks post Q2 nos")
Narayana Hrudayalaya surges 13%, stock at new high on Q2 turnaround
The company said Indian operations staged a decent recovery in the quarter gone by, after the significant impact was observed in Q1FY22.
 "Narayana Hrudayalaya surges 13%, stock at new high on Q2 turnaround")
HEG soars 13% on strong Q2 results; Graphite India rallies 9%
HEG said the company had undertaken an expansion project in past to increase the existing capacity from 80,000 tons to 100,000 tons and the same is going on in full swing
 "HEG soars 13% on strong Q2 results; Graphite India rallies 9%")
Nykaa lists at 79% premium to issue price; market cap crosses Rs 1 trillion
Post listing, shares of Nykaa touched a high of Rs 2,129, up 89 per cent versus the issue price of Rs 1,125
Vinay Rajani expects Oberoi Realty, Manappuram Finance to resume uptrend
The technical analyst from HDFC Securities says that stock specific bullish moves will continue while Nifty consolidates in the 17,800 - 18,200 range
L&T hits new high on winning significant orders; stock up 11% in 6 days
The company's construction arm has secured significant orders (ranging between Rs 1,000 to Rs 2,500 crore) for its businesses in India.
 "L&T hits new high on winning significant orders; stock up 11% in 6 days")
Britannia, Aurobindo, Ujjivan SFB look weak on charts post Q2 results
Sobha Ltd, however, is expected to surge up to 14% indicates the daily chart.
 "Britannia, Aurobindo, Ujjivan SFB look weak on charts post Q2 results")
