INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Wednesday proved to be a great day for equities with the sharpest gains coming from the bluest of the blue chips
Investors accumulated shares from financials, auto and FMCG sectors with both hands, thus lifting the benchmarks higher
A steep hike in minimum support prices (MSPs) for kharif crops and solid services PMI print for June were the key catalysts for stocks.
The
Block deals;
- Top volume gainers
Allcargo Logistics surgesShares of the company ended 5.63 per cent higher at Rs 117.30 apiece on BSE
after the firm's promoter Shashi Kiran Shetty bought 12.29 lakh shares or 0.5 per cent equity at Rs 110 each.
Block deals spook NTPCNTPC
slipped over one and a half per cent to Rs 152.50 apiece after 10 lakh shares changed hands in a block deal
Indiabulls Ventures ended flat with a negative bias after about 1.38 crore shares, or 2.6 per cent equity, changed hands in a block deal,
according to Bloomberg.
Big boys shine!FMCG major HUL hit a 52-week high of Rs 1,681 before closing at Rs 1,676.15 apiece on BSE
Maruti hit a one-month high to settle at Rs 9,221 apiece, up 2.69 per cent
HDFC duo climbed 2.09 per cent
RIL surged nearly 2 per cent ahead of its AGM on Thursday.
Shriram Transport Finance tumblesShares of Shriram Transport Finance (STFC)
nosedived over 19 per cent amid concerns that the company may fail to replay a guarantee it had undertaken for a subsidiary a few years ago
The stock settled at Rs 1,144.85 apiece, down 11.83 per cent
READ MOREVolume gainersReliance Communications, JP Associates, GMR Infra, IDBI Bank and Shriram Transport Finance were among the most
active stocks in terms of volume
Maruti Suzuki, Sun Pharma and Lupin were the most active stocks in terms of value
doubling assets to $30 billion in 2017 and extending its lead over runner-up IIFL Wealth Management to almost $12 billion, said a report by
Asian Private Banker.
(Bloomberg)80 stocks set to riseTechnical indicator moving average convergence divergence or MACD showed 80 stocks
including Jet Airways, RBL Bank, HDFC Bank and Hindustan Unilever are all set to rise
On the contrary, Bharti Airtel, Kitex Garments, Emami Infrastructure and Abbott India are among 19 stocks that are all set to crack in the
Call/Put writingOn the options front, maximum Put OI is at 10,600 followed by strike price 10,500 while maximum Call OI is at 11,000
followed by strike price 10,800
Put writing is seen at 10,600 followed by 10,800 while Call writing is seen at strike prices 10,800 and 10,900.
