Overnight Digest: Stocks to be kept on radar for January 3 Overnight Digest: Stocks to be kept on radar for January 3 DSIJ Intelligence / Friday, December 31, 2021 / Article rating: 3.4 On Friday, benchmark Indices ended this year on a positive note today with Nifty closing higher 0.87 per cent and Sensex closing at 0.80 per cent up. Strong buying was seen in auto, metal and realty stocks. Textile stocks gained on Friday post the announcement of a deferred GST hike.
Market Watch: What does F&O market suggest about trade on January 3? Market Watch: What does F&O market suggest about trade on January 3? Nifty 50 put-call ratios (PCR) closed at 1.27 for the day. DSIJ Intelligence / Friday, December 31, 2021 / Article rating: 5.0 Activity in the F&O market for the weekly expiry on January 6, 2022, shows that the trading range has moved up.
Tech Mahindra acquires a US-based IT company for Rs 927 odd crore Tech Mahindra acquires a US-based IT company for Rs 927 odd crore Tech Mahindra approved the proposal to acquire a 100 per cent stake in Allyis India Private Ltd and Green Investments LLC, holding company for Allyis Group (together called - Target) DSIJ Intelligence / Friday, December 31, 2021 / Article rating: 4.2 The acquisition will strengthen Tech Mahindra’s capabilities in Digital Experience Solutions: Learning & development, marketing, instructional design; Engineering: Cloud & automation, BI & analytics, and technical support services.
Overnight Digest: These small-caps will be in focus on Monday Overnight Digest: These small-caps will be in focus on Monday BGR Energy Systems, Alpa Laboratories, Swelect Energy Systems, Ginni Filaments, Oricon Enterprises, Tokyo Plast International, and Rama Steel Tubes made a fresh 52-week high today. DSIJ Intelligence / Friday, December 31, 2021 / Article rating: 3.3 BSE Small-cap index outperformed broader markets by climbing 1.16 per cent i.e. 336.72 points to close at 29,457.56.
Indices end higher; Hindalco emerges as top gainer Indices end higher; Hindalco emerges as top gainer DSIJ Intelligence / Friday, December 31, 2021 / Article rating: 4.2 Nifty surged about 0.87 per cent at the end of the day while Sensex gained over 350 points. The broader indices too ended in the green.
Five stocks witnessing short covering Five stocks witnessing short covering Short covering refers to buying back borrowed securities in order to close out an open short position at a profit or loss. Avalokita Pandey / Friday, December 31, 2021 / Article rating: 5.0 List of the stocks where sell positions are being covered in the F&O segment.
NFO analysis: SBI Fixed Maturity Plan – Series 58 NFO analysis: SBI Fixed Maturity Plan – Series 58 DSIJ Intelligence-3 / Friday, December 31, 2021 / Article rating: 3.3 SBI Mutual Fund is launching the next series of fixed maturity plans (FMP)
Top three small-cap stocks to watch out for in January based on seasonality trend! Top three small-cap stocks to watch out for in January based on seasonality trend! DSIJ Intelligence-3 / Friday, December 31, 2021 / Article rating: 3.5 Considering the fact that the month of December has been a wonderful month for small-cap stocks, we believe that this trend would continue. Hence, we have curated a list of stocks that might outperform in the month of December. This list is based on BSE Smallcap index.
Biocon Biologics gains 1 per cent on partnering with Viatris; wins US Court decisions Biocon Biologics gains 1 per cent on partnering with Viatris; wins US Court decisions The stock of Biocon gained 1.29 per cent to Rs 366.50 in today’s trading session. DSIJ Intelligence / Friday, December 31, 2021 / Article rating: 4.5 Biocon Biologics, a subsidiary of Biocon announced on Friday that the US Court of Appeals for the Federal Circuit (USCAFC) has supported the decisions of the US Patent & Trademark Appeal Board for the unpatentability of five device patents for Sanofi’s Lantus SoloSTAR. The case was filed in April and May 2020.
Four stocks witnessing long unwinding Four stocks witnessing long unwinding Long unwinding refers to selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. Avalokita Pandey / Friday, December 31, 2021 / Article rating: 3.6 Following are the stocks where profit booking is seen taking place in the F&O segment.