Top 5 stocks to watch out for on budget day

About 625 shares have advanced, 2,796 declined and 111 are unchanged. 

The benchmark indices were trading lower this week. On Friday, BSE Sensex closed on a negative note, down around 461.22 points or 0.75 per cent at 61,337.81. About 1,334 shares had advanced, 2,213 declined and 105 were unchanged.

The benchmark indices were trading mixed this week. On Friday, BSE Sensex closed on a negative note, down around 878.88 points or 1.40 per cent at 61,799.03. About 1,408 shares had advanced, 2,151 declined and 121 were unchanged.

The stock skyrocketed more than 145 per cent in five years.

Today, the stock of this company was locked at 20 per cent at Rs 29.20.

At noon on Wednesday, the headline equity indices, i.e. Sensex and Nifty 50 are seen recovering losses after opening on the lower side, owing to a major sell-off amidst recession fears.  

At 11.30 am on Tuesday, the headline equity indices, i.e. Sensex and Nifty 50 are trading flat after opening on the higher side in the pre-market session. This is majorly due to the IT stocks rally that took place on Monday in the US markets. The rupee has now officially crossed the significant 80-mark and is now trading at Rs 81.38 per USD.  

At 11.30 am on Friday, the headline equity indices, i.e. Sensex and Nifty 50 are seen extending their losing streak in the morning, owing to weak global cues.  

At the time of market closing on Tuesday, the headline equity indices, i.e. Sensex and Nifty 50 ended almost a per cent higher each thereby, ending the losing streak of the past week.  

At 11.30 am on Monday, the headline equity indices, i.e. Sensex and Nifty 50 are trading marginally higher ahead of the two-day meeting of the US Federal Reserve in which, the central bank is expected to hike the interest rate by 75 basis points.  

 At 12.30 pm on Friday, the headline equity indices, i.e. Sensex and Nifty 50 were trading lower by a per cent as the markets seem to accommodate the upcoming rate hike by US Federal Reserve amongst recession fears.  

At day end  on Thursday, the headline equity indices, i.e. Sensex and Nifty 50 closed the session on the steeper side, owing to inflation fears and weaker sentiments in Asia Pacific markets.  

At the time of market closing on Wednesday, the headline equity indices, i.e. Sensex and Nifty 50 recovered smartly from the opening lows.   

At 11 am on Monday, the headline equity indices, i.e. Sensex and Nifty 50 jumped in the morning session amidst positive global cues.  

At market close on Friday, the headline equity indices, i.e. Sensex and Nifty 50 ended the week on a flat but positive note, despite the rate hike comments from the Chairman of the US Federal Reserve. 

At 2 pm on Wednesday, the headline equity indices, i.e. Sensex and Nifty 50 were seen trading marginally lower on the bourses as the global indices slipped, owing to a surge in bond yields.  

At 11.45 am on Monday, the headline equity indices, i.e. Sensex and Nifty 50 are trading marginally higher on the bourses as India became the fifth-largest economy for the year ended March 2022, overtaking the UK in terms of its GDP.    

At 2.45 pm on Tuesday, the headline equity indices, i.e. Sensex and Nifty 50 have recovered from Monday’s terrible fall.   

The US equity indices also ended marginally lower on Monday with Dow Jones index settling 0.57 per cent lower and S&P 500 benchmark index plunging 0.67 per cent at the day’s end. The tech-heavy Nasdaq index closed lower by 1.02 per cent.   

Haryana Capfin is a micro-cap NBFC company, having a market capitalisation of Rs 39 crore, working in the business of providing loans & investment services.

At 11.30 am on Monday, the headline equity indices, i.e. Sensex and Nifty 50 tanked 1.50 per cent each, eroding all the gains of the past two weeks.  

At 12.30 pm on Thursday, the headline equity indices, i.e. Sensex and Nifty 50 were trading higher as investors, all over the world, are eyeing Fed Chairman Jerome Powell’s speech at Jackson Hole Meet today. 

 At 11.30 am on Thursday, the headline equity indices, i.e. Sensex and Nifty 50 were seen trading higher as the global indices seemed to be cautious about Fed Chairman’s comments about inflation at Jackson Hole Annual Meet, scheduled to take place on Friday.  

 As a result, Asia Pacific markets also plunged sharply with Japan’s Nikkei losing 1.22 per cent whereas China’s Shanghai Composite trading flat at 3,274.22, lower by 0.12 per cent.  

 At 11 am on Friday, the headline equity indices, i.e. Sensex and Nifty 50 are trading flat, owing to a quiet trading session in the US market.   

The shares in Asia Pacific markets were seen gaining as Japan’s export data for July came out better at 19 per cent, beating the analysts’ estimates. Nikkei Composite is trading higher by 1.17 per cent whereas China’s Shanghai Composite is trading flat, owing to good earnings results by food giant Meituan. Bank of New Zealand has increased its lending rate by 50 basis points to 3 per cent in order to curb inflation. 

At 11.15 am on Tuesday, the headline equity indices, i.e. Sensex and Nifty 50 are trading higher on the bourses as India's CPI inflation data came out better than expected by the economists.

The shares of this small-cap company also hit the upper circuit at Rs 85.50 per share on BSE on August 8, 2022.   

At 11.30 am on Friday, the headline equity indices, i.e. Sensex and Nifty 50 are trading marginally higher, followed by a good earnings week and economic data improvement. 

At 11 am on Tuesday, the headline equity indices, i.e. Sensex and Nifty 50 were trading marginally lower thereby, ending their consecutive gaining streak in the past five sessions.  

In the afternoon session on Wednesday, the headline equity indices, i.e. Sensex and Nifty 50 were trading higher as the global markets continued their gaining rally. 

Markets have been drifting lower for a long time, providing opportunities to purchase excellent companies at a discount. Continue reading to learn more about such stocks.