Overnight Digest: Stocks likely to be in focus on August 10!

The markets closed on a bullish note on Monday with Nifty crossing the important level of 17,500.

The markets closed on a bullish note on Monday with Nifty crossing the important level of 17,500. BSE Sensex managed to close higher by 0.80 per cent while BSE Smallcap and BSE Midcap indices underperformed the key benchmark index.   

The following stocks will be in the limelight on August 10 -    

Binny Ltd: The shares of Binny Ltd got locked in the upper circuit during Monday’s trading session. The price volume breakout in this Chennai-based real estate player augurs well for the buyers. The shares of Binny Ltd jumped approximately 20 per cent on Monday. Momentum investors should keep this stock on their watchlist for Wednesday (August 10)!   

Tinna Rubber: The shares of Tinna Rubber were seen trading at a lifetime-high after heavy buying lifted the stock up by more than 18 per cent on August 8 on an intraday basis. Hence, the shares of Tinna Rubber should be on your watchlist.  

Price volume breakout: Amongst the constituents of BSE 500, we have seen price volume breakout in Jagran Prakashan, Hindustan Copper, Hindustan Aeronautics, JSW Energy, BASF, Mahindra Holidays, Avanti Feeds, Minda Corp, and NESCO. These trending shares will be in focus on August 10!   

SME stocks: The shares of Kotyark Industries, Gensol Engineering, Cool Caps, KN Agri, and Inflame Appliances saw heavy buying on Monday. These stocks will be in limelight during Wednesday's trading session.   

HFCL: The shares of HFCL zoomed more than 10 per cent post announcing its signing of an agreement with Qualcomm Technologies. The price volume breakout in HFCL on Monday may attract buyers in HFCL during Wednesday’s trading session.