DSIJ Mindshare

Overnight Digest : Stocks likely to be in focus on February 28

On Friday, around 300 stocks hit their lower circuits against 250 stocks hitting the upper circuit on the BSE.

Shreya Chaware 0 1524 Article rating: 3.9

After witnessing heaving selling on Thursday, the domestic benchmark indices cheerfully recouped almost half of the previous day's losses on Friday. The important factor which drove the short covering in the domestic and global markets on Friday i.e. February 25 is the relief that the economic sanctions announced by the US and others have so far not included any exile of the Russian economy from the global SWIFT payment system.

Mid-day Movers: Linde India, Chalet Hotels and TCPL Packaging are the top gainers of BSE!

Shares of Linde India Limited, Chalet Hotels Ltd and TCPL Packaging Ltd have rallied in today’s trading session.

Abhishek Ranawade 0 895 Article rating: 4.5

While markets opened flat, as of noon, S&P BSE – 500 declined by 0.2 per cent. 

Linde India Limited gained more than 8 per cent 

Linde India Limited, a subsidiary of BOC Group, UK, is primarily engaged in the manufacture of industrial and medical gases and the construction of cryogenic and non-cryogenic air separation plants. The share price of the company has jumped 8.55 per cent in the first half of today's trading session. Linde India Limited has entered into a 15-year agreement with ESL Steel Limited, a Vedanta group company recently, for the supply of 800 MT per day of oxygen and 900 MT per day nitrogen. The company has given 119.49 per cent returns in the last one year. 

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