Overnight Digest: These small caps will be in focus tomorrow
On Tuesday, Indian equity markets witnessed a volatile trading session amid mixed global cues. Frontline indices Nifty 50 and Sensex ended in the green zone at 18,055.80 and 60,616.89, with gains of 0.29 per cent and 0.37 per cent respectively. BSE Small-cap index relatively underperformed broader markets, rising only 0.15 per cent closing at 30,434.02.
The following small-cap stocks are likely to be in focus on Wednesday, January 12, 2022:
Marksans Pharma – The company has informed the exchange that it has received final approval from US Food & Drugs Administration for its Abbreviated New Drug Application (ANDA) for over the counter (OTC) Cetirizine Hydrochloride Tablets 5 mg and 10 mg. It is indicated for the treatment of perennial allergic rhinitis including sneezing, rhinorrhea, postnasal discharge, watery eyes, running nose. The product will be marketed under store brand labels and is comparable to the brand Zyrtec®.
Thomas Cook – The company has recently announced that it has inaugurated a new ‘Gold Circle Partner’ (franchise) outlet at Laxmi Nagar, Delhi. This expansion augments the company’s distribution and reach in Delhi-NCR to 13 consumer access centres: 6 owned branches and 7 Gold Circle Partner (franchise) outlets.
As per Thomas Cook India’s internal survey, 77 per cent of respondents stated that they require the guidance of a holiday expert. To help customers with their travel plans and requirements, the company has set up a new Gold Circle Partner franchise outlet. In addition to serving the financial hub of Laxmi Nagar, the new outlet will serve as a hub for nearby residential areas of Nirman Vihar, Karkardooma, Preet Vihar as well.
52-week High Stocks – Vaswani Industries, Dhunseri Investments, Dynacons Systems & Solutions, International Conveyors, Texmaco Rail & Engineering, Titagarh Wagons, Jindal Drilling And Industries and Kellton Tech Solutions made a fresh 52-week high today.
These small-cap stocks will likely be in focus on Wednesday, January 12, 2022.