Stock market: There was a decline in trading for the third consecutive day, a chance to buy these shares at a cheap price

Indian shares for the third consecutive session on Friday morning The market has declined. The weakness in the global market and the weakness of the rupee is also having a negative impact on investor sentiment. The Sensex opened 115 points down at 59,005 this morning while the Nifty closed 36 points down at 17,594. Investors […]
 


Stock market: There was a decline in trading for the third consecutive day, a chance to buy these shares at a cheap price

Indian shares for the third consecutive session on Friday morning The market has declined. The weakness in the global market and the weakness of the rupee is also having a negative impact on investor sentiment. The Sensex opened 115 points down at 59,005 this morning while the Nifty closed 36 points down at 17,594. Investors continued selling early today as profit-booking continued, while the Sensex fell 533 points to 58,586 at 10 am, while the Nifty closed 135 points lower at 17,494. On Thursday, FIIs sold cash worth Rs 2510 crore, while DIIs sold Rs. 263 crore was purchased.

This stock is taking the circuit continuously since last 5 days

name of the company Bid Quantity gap % chg 5 day status
Bombay Super 57,347 4.27 5.02 upper circuit
Poddar Housing 16,555 12.3 5 upper circuit
PVP Ventures 562,158 0.5 4.69 upper circuit
Krutika Wires 833,723 -1.4 -4.87 lower circuit

There was a stir in these stocks

Investors have been betting on companies like HDFC, HDFC Bank, Tech Mahindra, IndusInd Bank and Tata Motors since this morning and continued buying has put the stocks of these companies in the list of top gainers. On the other hand, companies like Tata Steel, Cipla, Hero MotoCorp, Apollo Hospitals and JSW Steel declined due to sell-off and these stocks joined the list of top losers.

Amidst the slowdown in the stock market, there was a lot of buying in these shares

name of the company cmp amount Value (Rs. Lakh)
Vijaya Diagnostic 423.45 1,852,670 7,503.31
dish tv india 21.01 17,811,700 3,615.78
Schneider Alley. basic 182.85 474,345 790.73

weak sector

If we look at today’s business sector, there are ups and downs in every sector. Although sectors like Nifty Media, Nifty Pharma, Nifty Metal saw marginal gains, while Nifty Bank, Realty and Energy sectors declined up to 1 per cent today. Nifty Smallcap 100 and Midcap 100 are also down 0.2 per cent in early trade today.

High profit booking took place in these shares

name of the company cmp amount Value (Rs. Lakh)
Saxsoft 129.35 92,565 1,244.95
can fin homes 518.9 188,519 1,022.43
Cressanda Solutions 37.4 2,614,630 1,028.86

7 companies of tata group will merge with tata steel

The Tata Group has announced a mega merger plan for its metals business. The Tata group has announced that it will merge 7 companies associated with this sector with Tata Steel. According to the information given by the company to the stock exchanges, the board has decided on the merger on Friday. As per the decision of the Board, Tata Steel Long Products, Tata Metallics, Tin Plate Company, TRF, Indian Steel & Wire Products, Tata Steel Mining, S&T Mining will be merged with Tata Steel. Of these companies, 6 companies are subsidiaries of Tata Steel and one company is an associate company.

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