As the trading week begins on a negative note, following stocks are showing some momentum!

As the trading week begins on a negative note, following stocks are showing some momentum!

Shamita Nadkarni
/ Categories: Trending, Mindshare

Thyrocare Technologies Ltd, Oil India Ltd and Omaxe Ltd are today’s mid-day movers.

On Monday afternoon the Indian stock market is red, amid all the volatility. Indian investors are keen on the outcome of the Monetary Policy Committee meeting and the repo-rate move decision by the Reserve Bank of India due this week. At 1:30 pm, the S&P BSE Sensex was at 55,716.68, a 0.09 per cent decline. 

Thyrocare Technologies Ltd, a constituent of the S&P BSE 500, is involved in providing quality diagnostic services in India. As Maharashtra and Kerala witnessed a sudden rise in the covid cases, this stock which is trading almost 50 per cent below its all-time high has emerged as the Group A gainer. At 1:30 pm, the stock price, jumped 6.91 per cent and the scrip is currently trading at Rs 677.10.   

Oil India Ltd, a constituent of the S&P BSE 200, is engaged in the exploration, development and production of crude oil and natural gas, transportation of crude oil and production of LPG. Today, Brent Crude oil prices rose more than $2 after Saudi Arabia hiked prices for the sales in July. At 1:30 pm, the stock price rallied 4.98 per cent and the scrip is currently trading at Rs 263.30.    

Omaxe Ltd, a constituent of the S&P BSE SmallCap, is engaged in real estate and infrastructure businesses. It has incorporated a wholly-owned subsidiary called ‘Worldstreet Sports Center’. At 1:30 pm, the stock price, surged 2.63 per cent and the scrip is currently trading at Rs 89.85.

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