Overnight Digest: Stocks to keep an eye on February 21!
Watch out for these large-cap stocks in Tuesday’s trading session!
Indian domestic indices fell despite starting the session higher, as a result of significant declines in the banking, energy and oil & gas sectors. The only sectors to gain were BSE Information Technology, BSE Teck and BSE Auto. The BSE Sensex lost 0.51 per cent to 60,691 level at the close. The Nifty 50 index declined 0.56 per cent to a level of 17,844.
Watch out for these Large-Cap stocks in Tuesday’s trading session -
Tata Motors - The company and the ride-sharing business Uber India have signed a Memorandum of Understanding (MoU) under which the latter will introduce about 25,000 XPRES-T Tata Motor Electric Vehicles (EVs) into their premium service. Shares of Tata Motors ended the session 0.67 per cent higher.
Ultratech Cement - Shares of cement manufacturer surged 1.75 per cent, placing as the top Sensex gainer and touched a 52-week high of Rs 7,489 per share on the BSE. Over the past month, shares have climbed by almost 9 per cent after a strong rally.
Star Health and Allied Insurance Company - In an otherwise weak market, shares of an insurance company soared over 10 per cent while volume increased seven-fold, attracting large-cap bulls. Despite weakness in other insurance sector stocks, shares of the company witnessed a healthy rally.
Bharti Airtel - The launch of a telecom company's cutting-edge 5G services in 16 cities of West Bengal, 14 cities of Bihar and 13 cities of Odisha was announced recently. Customer access to Airtel 5G Plus services will be phased in as the company builds up its network and completes the roll out. Shares ended the session slightly higher.
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