A major acquisition is set to change the way frozen and chilled foods reach consumers.

Indices have witnessed sell-off in the last hour which led to indices end on a mixed note. NSE Nifty 50 index dipped about 100 points from day’s high to close flat near 18,250 levels while Sensex closed 3 points lower.

On Tuesday, the Sensex gained by 600 points to close at 61,032.26, while the Nifty 50 gained by 158 points to close at 17,929.85

On Monday, the Sensex fell by 250 points to close at 60,431.84, while the Nifty 50 dropped by 85.60 points to close at 17,770.90

Heavy buying was observed in this stock in just one month and it hit the back-to-back upper circuit and 52-week highs, returning over 75 per cent.

On Friday, the Sensex fell by 123.52 points to close at 60,682.70, while the Nifty 50 dropped by 36.95 points to close at 17,856.50

On Thursday, the Sensex increased by 142.43 points to close at 60,806.22, while the Nifty 50 gained by 21.75 points to close at 17,893.45

On Wednesday, the Sensex increased by 377.75 points to close at 60,663.79, while the Nifty 50 gained by 150.20 points to close at 17,871.70

On Tuesday, the Sensex dipped by 220.86 points to close at 60,286.04, while the Nifty 50 decreased by 43.10 points to close at 17,721.50

On Friday, the Sensex gained by 909.64 points to close at 60,841.88, while the Nifty 50 increased by 243.65 points to close at 17,854.05

On Thursday, the Sensex gained by 224.16 points to close at 59,932.24, while the Nifty 50 marginally dropped 5 points to close at 17,610.40

On the day of the Union Budget 2023, the Sensex gained by 49.49 points to close at 59,708.08, while the Nifty 50 slipped by 45.85 points to close at 17,616.30

Among the Nifty top gainers were Mahindra & Mahindra, Ultra Tech Cement, SBI, Adani Enterprises and Adani Ports while Bajaj Finance, TCS, Tech Mahindra, Britannia and Sun Pharma were among the top losers

Among the Nifty top gainers were Adani Enterprises, Bajaj Finance, Ultra Tech Cement, Bajaj Finserv and HCL Technology

The following Small-Cap stocks are likely to be in focus on Friday, January 27, 2023:

Among the Nifty top gainers were Tata Motors, Maruti Suzuki, Bajaj Auto, HCL Technology and Britannia while, Axis Bank, Dr Reddy Labs, Hindalco, Power Grid Corporation and Grasim were among the top losers

On Monday, the Sensex increased by 319.90 points to close at 60,941.67, while the Nifty 50 gained 90.90 points to close at 18,188.55

On Friday, the Sensex declined by 236.66 points to close at 60,621.77, while the Nifty 50 slipped 80.20 points to close at 18,027.65

On Thursday, the Sensex declined by 187.31 points to close at 60,858.43, while the Nifty 50 slipped 57.50 points to close at 18,107.85

On Wednesday, the Sensex increased by 390.02 points to close at 61,045.74, while the Nifty 50 gained 112.05 points to close at 18,165.35

On Tuesday, the Sensex increased by 562.75 points to close at 60,665.32, while the Nifty 50 gained 160.50 points to close at 18,055.35

On Monday, the Sensex declined by 168.21 points to close at 60,092.97, while the Nifty 50 slipped by 61.75 points to close at 17,894.85.

The stock has increased by 88.85 per cent in 6 months, although the BSE Sensex has only increased by 19.43 per cent. The stock PE multiple is 2.15 whereas the industry PE multiple is 17.2. Investors should keep this stock on their watchlist. 

Wall Street indices ended lower overnight after the latest Fed rate hike. Mirroring the weakness on Wall Street, the majority of global indices witnessed a downturn.