Barclays Securities picks stakes in Cerebra Int Tech in bulk deals; Moksh Ornaments; A B Infrabuild among penny stocks in action on Monday
Stocks such as Foce India, Giriraj Civil Developers, Salzar Electronics and Rupa & Company Ltd were among a dozen stocks which witnessed maximum buzz during Mondays trading session as shares exchanged hands in bulk deals.
Stocks such as Foce India, Giriraj Civil Developers, Salzar Electronics and Rupa & Company Ltd were among a dozen stocks which witnessed maximum buzz during Monday’s trading session as shares exchanged hands in bulk deals.
A global brokerage firm Barclays Securities India Private Limited picked up 6,13,441 shares in Cerebra Int Tech Ltd at Rs 92.5 per share on the NSE, the bulk deals data showed.
Individual investors such as Anuradha Rajesh Mehra bought 25,200 shares and Mark Corporate Adviosrs Pvt Ltd sold 63,600 shares in Foce India Limited at Rs 225.6 and Rs 225.58 per share on the NSE, as per the bulk deals data.
Similarly, in Giriraj Civil Developers Ltd, Aryaman Capital Markets Limited sold 28,800 equity shares to individual investor Dilawar Rehman Khan in the company at Rs 100 per share on the NSE, the bulk deals data showed.
Individually, Ziyan Developers LLP sold 5,00,000 equity shares in Rupa & Company Ltd at Rs 469 apiece and Lodha Ashok Kumar sold 1,24,762 equity shares in Salzar Electronics at Rs 240.87 per share and KBC Eco Fund sold 32,55,983 shares in NCC Limited at Rs 73.52 apiece on the NSE.
Beside these counters, the other penny stocks that made into the bulk deals list on Monday are Moksh Ornaments; A B Infrabuild Limited; A and M Jumbo Bags Ltd; Innovative Tyres & Tubes; Sanco Industries Ltd and among others, the bulk deals data revealed.
The market analyst and Tradingo founder Parth Nyati said, “The Indian equity market is continuing its northward journey and outperforming global markets where Nifty and Sensex manage to close above the 18000/60000 mark respectively.”
“Technically, Nifty manages to close above the psychological level of 18000 however 18100/18200 are immediate resistance levels; above this, swift move towards a new all-time high can expected. On the downside,17800 is immediate support while 17640/17500 are major support levels,” he said.
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