The stock of Gujarat Fluorochemicals Limited has been picked up by our Bollinger Band Squeeze scanner, which suggests that the stock is near a consolidation breakout.

PNB Gilts has been reflecting poor financial trend with degrowth seen in net sales and in net profits in the current quarter. A NBFC small cap company, PNB Gilts is a niche player- being the only listed primary dealer in India. The public shareholding in the company is 25.93 per cent.

Zensar Technology added ~20 per cent to its weight on Wednesday alone and now stands tall with gains of over 210 per cent in 2021 alone.

A share buyback is simply a corporate action where the company buys back its shares. It is done either through buying in the open market or through a tender offer. In the tender offer, the common shareholders can submit their shares, in return, they usually get a premium over the current market price of the stock. 

 It is an open-ended scheme tracking the Nifty SDL Plus PSU Bond Sep 2026 60:40 Index. The NFO opens on September 15, 2021, and closes on September 23, 2021.

The domestic benchmark indices, Sensex and the Nifty settled at record closing highs on Wednesday, witnessing across-the-board buying. Sensex ended at 58,723.20 level, up 476 points, or 0.82 per cent while Nifty closed the day at 17,519.45 levels, up 139 points, or 0.80 per cent. Making fresh highs, the BSE Midcap and BSE Smallcap indices closed 0.65 per cent and 0.86 per cent higher, respectively. The sectoral indices also delighted the investors by clocking attractive gains on an intraday basis.

BSE Sensex jumped higher by 0.8 per cent with the help of Infosys, Bharti Airtel, TCS and ICICI Banks in terms of contribution.

Considering the daily chart, the stock has given a 40-day consolidation breakout. This breakout was supported by a robust volume of more than five times of 50-day average volume, indicating strong buying interest by the market participants.

Since the index has broken out of six-day consolidation, we have witnessed nearly 20 stocks in the T20 breakout system. However, we are not listing out all the stocks here but rather handpicking some of them.   

The BSE Small Cap index was also strong throughout the day and closed with gains of 0.86 per cent i.e. 241.62 points.