Page 20 - Stock Market Trading
Stocks to Watch: TCS, Tata Motors, Maruti, Coal India, JSW Group, RITES
Stocks to watch today: Tata Motors reported 10 per cent YoY increase in domestic December sales at 72,997 units as against 66,307 units sold last year
 "Stocks to Watch: TCS, Tata Motors, Maruti, Coal India, JSW Group, RITES")
Global headwinds, rate hike concerns to keep investors on guard in 2023
Investors are relieved about the returns this year, which happened despite record FPI outflows and are slightly circumspect about the next year considering the headwinds
 "Global headwinds, rate hike concerns to keep investors on guard in 2023")
Wall Street indices fall, treasury yields rise upon final 2022 trading day
The dollar, a beneficiary of rising US interest rates, was down slightly on Friday but on track for a 2022 gain of 8%, its biggest annual percentage increase since 2015
 "Wall Street indices fall, treasury yields rise upon final 2022 trading day")
Solar Industries hits all-time high, rallies 6% on stable outlook
The Atmanirbhar Bharat Abhiyan of the GoI, which is aimed at curtailing import dependence and increasing the sourcing of indigenous defence products, also presents large growth opportunities.
 "Solar Industries hits all-time high, rallies 6% on stable outlook")
Elin Electronics makes weak debut; lists 2% below issue price
Post listing, the market price of Elin dipped to Rs 235.25, down 5 per cent when compared with its issue price of Rs 247 per share.
 "Elin Electronics makes weak debut; lists 2% below issue price")
Lotus Chocolate hits 5% upper limit as Reliance eyes majority stake
Reliance Consumer Products will acquire 51 per cent controlling stake in Lotus for Rs 74 crore and also make an open offer to acquire additional 26 per cent stake.
 "Lotus Chocolate hits 5% upper limit as Reliance eyes majority stake")
Craftsman Automation soars 9%; hits record high on acquisition of DR Axion
The company and DRAIPL both operate in the auto components space and have strengths in complementary areas. The acquisition will help both entities leverage their strengths and build better synergies.
 "Craftsman Automation soars 9%; hits record high on acquisition of DR Axion")
HG Infra wins NHAI project worth Rs 997 crore; stock surges 8%
The project namely construction of six lane greenfield Karnal Ring road starting from NH44 near Village Shamgarh and terminating at Karnal Munak Road Vill Samalakhal in Haryana.
 "HG Infra wins NHAI project worth Rs 997 crore; stock surges 8%")
Metro Brands, Bayer Crop are ready for range breakout, says Mehul Kothari
According to the technical analyst from Anand Rathi, Metro Brands can rally to Rs 910; while Bayer Cropscience can surge to Rs 5,200.
 "Metro Brands, Bayer Crop are ready for range breakout, says Mehul Kothari")
Stocks to Watch: Elin Electronics, Cipla, Eicher Motors, RIL, Banks, Pharma
Stocks to Watch: Elin Electronics to debut today, the stock is likely to list on a quiet note.
 "Stocks to Watch: Elin Electronics, Cipla, Eicher Motors, RIL, Banks, Pharma")
Sensex, Nifty set to gain for seventh straight year; smallcaps underperform
The underperformance of the small-caps, according to analysts, was mostly due to rising raw material prices and the hike in rates by central banks, which in turn impacted their financial performance
 "Sensex, Nifty set to gain for seventh straight year; smallcaps underperform")
Global slowdown, Union Budget: 5 factors that will guide markets in 2023
Analysts expect the Indian equity markets to consolidate over the next few months, as they fully digest the negatives of rich valuations, rising interest rates amid growth headwinds.
 "Global slowdown, Union Budget: 5 factors that will guide markets in 2023")
Sensex jumps 224 pts on late buying, Nifty nears 18,200; SBI, Airtel shine
CLOSING BELL: The S&P BSE Sensex gained 732 points from the day's low, while the Nifty 50 jumped 218 points in intra-day trades, partly on account of short-covering owing to the monthly F&O expiry.
 "Sensex jumps 224 pts on late buying, Nifty nears 18,200; SBI, Airtel shine")
Ashoka Buildcon gains 4% on securing orders worth Rs 755 cr
The company was awarded projects worth Rs 754.60 crore from the Madhya Pradesh PoorvKshetra Vidyut Vitaran company for supply, installation, testing and commissioning of new 11 KV lines in Balaghat.
 "Ashoka Buildcon gains 4% on securing orders worth Rs 755 cr")
KFin Technologies makes listless debut; slips over 2% from issue price
Post tepid listing, KFIN stock price slipped to a low of Rs 355 as against the issue price of Rs 366 per share.
 "KFin Technologies makes listless debut; slips over 2% from issue price")
Shriram Finance slips 7% as additional 174 mn shares get listed on bourses
17,43,44,710 equity shares of Rs 10 each of Shriram Finance were listed and permitted for trade on the exchange with effect from Thursday, December 29, 2022.
 "Shriram Finance slips 7% as additional 174 mn shares get listed on bourses")
Stocks to Watch: KFin Tech, SBI, Airtel, RIL, Sheela Foam, McLeod Russel
Stocks to Watch: KFin Technologies to debut on the bourses today. The stock is likely to list on a tepid note.
 "Stocks to Watch: KFin Tech, SBI, Airtel, RIL, Sheela Foam, McLeod Russel")
India Pesticides surges 11% as arm gets nod to set-up agrochem unit in UP
Shalvis Specialities has received environmental clearance for setting up manufacturing plant of agrochemicals & intermediates, API ingredients & intermediates and fine chemicals manufacturing unit.
 "India Pesticides surges 11% as arm gets nod to set-up agrochem unit in UP")
Hariom Pipe hits new high, up 9% on acquiring operating assets of RP Metal
The stock has zoomed 146 per cent from its issue price of Rs 153 per share, post its market debut on April 13, 2022.
 "Hariom Pipe hits new high, up 9% on acquiring operating assets of RP Metal")
Vinay Rajani recommends to hold longs on Nifty with a stop at 17,800
Among individual stocks, the technical & derivative analyst from HDFC Securities recommends buying RCF and NCC.
 "Vinay Rajani recommends to hold longs on Nifty with a stop at 17,800")
