Benchmarks Sensex and Nifty 50 took a breather from their two-week highs. Asian stocks were trading mixed on Thursday amid some lingering concerns about global growth and ongoing geopolitical tension. The main indices were trading at the day's low amid profit selling after a three-day rally. The Nifty traded below the 17,700 marks. Auto, media and consumer durables stocks were trading firmly, while banks and IT shares were under pressure. FII trimmed their selling to just Rs 183.60 crore and a DII inflow of Rs 425.96 crore was recorded.

Leading manufacturer of Aliphatic Amines and Speciality Chemicals in India, Balaji Amines was among the top gainers on the S&P BSE 500 intraday today after reporting a strong set of numbers for the quarter ended December 2021. 

List of the stocks where sell positions are being covered in the F&O segment.

The market is currently trading in favour of decline with the advance to decline ratio standing as 164:231.

Following are the stocks where profit booking is seen taking place in the F&O segment.

Activity in the F&O market for the weekly expiry on February 3 shows 17000 to act as support now.

The benchmark indices closed on a positive note with Sensex gaining 695 points or 1.18% to close at 59558. The key highlight of the budget is the steep jump in the capex by the Government of Rs 7.5 lakh crore to address the issues of unemployment and demand revival. 

Following stocks emerged as the day’s gainer and are well-positioned to benefit from Budget 2022.

Nifty PSU Bank index ended up 3.41% at 3066.10 today. Metals, IT, pharma, and FMCG stocks advanced while autos and oil & gas stocks declined. The government's focus on boosting manufacturing as well as an underlined emphasis on areas such as startups, modern mobility, and clean energy, boosted investors' sentiment. 

On Wednesday, the domestic market continued to trade bullidh tracking budget cues and positive sentiments from global markets. Most sectors traded in greeen while banking and finance stocks contributed the most towards the gain. 

We have prepared a list of stocks, based on the T20 breakout system, that has the potential to outperform in the near term.