Page 21 - Stock Market Trading
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")
Stocks to Watch: NBFCs, Punjab & Sind Bk, Capri Global, Welspun Enterprises
Stocks to Watch: Balrampur Chini, Indiabulls Housing Finance and Punjab National Bank (PNB) were the three stocks in F&O ban period on Wednesday.
 "Stocks to Watch: NBFCs, Punjab & Sind Bk, Capri Global, Welspun Enterprises")
Global markets, metals lift Sensex 361 pts higher; Nifty ends atop 18,100
CLOSING BELL: The BSE Metal index surged over 4.5 per cent amid reports of China further relaxing its zero Covid policy.
 "Global markets, metals lift Sensex 361 pts higher; Nifty ends atop 18,100")
Sugar stocks to sweeten in 2023; Dwarikesh, Renuka can rally up to 37%
The stellar performance of sugar stocks began in 2021, and is likely to continue in the new year - 2023, indicates the technical charts.
 "Sugar stocks to sweeten in 2023; Dwarikesh, Renuka can rally up to 37%")
Time Technoplast soars 19% on winning Rs 75 cr order from Adani Total Gas
The order is for supply of CNG cascades made from Type-IV composite cylinder. The delivery of these cascades shall begin from January 2023.
 "Time Technoplast soars 19% on winning Rs 75 cr order from Adani Total Gas")
Midhani gains 4%; Firm to inaugurate wide plate mill facility today
Going forward, as facilities ramp up production, additional revenue is expected is likely to flow from wide plate mill as well as the Rohtak plant, thereby providing healthy revenue visibility.
 "Midhani gains 4%; Firm to inaugurate wide plate mill facility today")
HEG incorporates new arm for manufacturing graphite node; stock soars 9%
The plant would be made in two phases, spending Rs 1,000 crore in Phase 1 over the next 3 years which would cater to 10-12 GWH of cell manufacturing capacity.
 "HEG incorporates new arm for manufacturing graphite node; stock soars 9%")
Nifty, Bank Nifty see higher rollover; Hero MotoCorp, HDFC Life find favour
However, the overall market wide position dipped below Rs 2.20 lakh crore for the first time in the last six months.
 "Nifty, Bank Nifty see higher rollover; Hero MotoCorp, HDFC Life find favour")
Here's why Mehul Kothari recommends to buy ABB, MRPL
According to the technical analyst from Anand Rathi, ABB can advance to Rs 2,880; while MRPL can jump to Rs 57.
 "Here's why Mehul Kothari recommends to buy ABB, MRPL")
Stocks to Watch: NTPC, LIC Housing, Alembic Pharma, SIS, Gail, Puravankara
Stocks to Watch: In the F&O space, Punjab National Bank (PNB) is the only stock in ban period on Tuesday.
Sensex snaps 4-day losing streak, ends 721 pts up; Nifty reclaims 18,000
CLOSING BELL: The NSE Nifty shut shop at 18,015, up 208 points. Broader indices outperformed the benchmarks with gains of up to 3 per cent.
 "Sensex snaps 4-day losing streak, ends 721 pts up; Nifty reclaims 18,000")