Overnight Digest: Stocks to be kept an eye on October 14
Keep these stocks on your radar for Friday.
The core benchmark indices depicted a decent amount of volatility but traded in red throughout the trading session today. The market eyed on Nifty's 17,000 mark on the weekly futures & options expiry day.
BSE's Sensex finally ended 391 points down at 57,235 level. Nifty 50 dodged between the range of 17,112 and 16,957 before finally settling 107 points lower at 17,017 level.
Keep these stocks on your radar for Friday -
Rites - The shares of Rites have soared more than 10 per cent on an intraday basis on an otherwise red day for the domestic markets. The upmove came after the company announced that it has secured new business order for the construction of depot-cum-workshop for Rs 499.41 crore from Bangalore Metro Rail Corporation Limited. The stock also showed a price volume breakout on today's charts.
Maharashtra Seamless- The shares of Maharashtra Seamless made a new high, surging 10 per cent on Thursday in an otherwise subdued market. The company proposed a stock split and bonus issue plan. The board of directors at its meeting scheduled to be held on Monday, October 17, 2022. The company's share price surpassed its previous high of Rs 850.85, made on September 19, 2022.
Astec Lifesciences - The shares of Astec Lifesciences jumped 14 per cent twinkling investors' eyes and hit a record high of Rs 2,274.55 per share. The company is engaged in the manufacturing of agrochemical active ingredients (technical), bulk, formulations, and intermediate products. Breaking the current resistance level with an attractive spurt in the volumes, the shares of Astec Lifesciences are showing bullish signs on the chart. Keep this stock on your radar for upcoming trading sessions!