Investors continue to cheer the Budget 2021 as Sensex breached 50,000, in the early trade and Nifty reclaimed 14,600 led by gains in infrastructure and banking on Tuesday, February 2, 2021, although the benchmark indices had pared some of the gains in the afternoon deals. At 12:35 pm, the S&P BSE Sensex was trading 976.41 points or 2.01% higher at 49,577.02 and Nifty 50 edged higher by 282.70 points or 1.98% to trade at 14,563.90. All sectoral indices at the National Stock Exchange were in the positive terrain. Tata Motor gained 11.07% was the top gainer on Nifty 50 and was followed by UltraTech cement (up 6.18%), HDFC (up 5.84%), HDFC Bank (up 5.62%) and Hindalco (up 5.04%). Meanwhile, there are certain stocks which were in action in either direction based on reports linked to them. Here is a list of few such stocks:

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

See Zee Business Live TV Streaming Below:

Indigo Paints (up 1.63%): Indigo Paints made a strong market debut today.

Indian Oil Corporation (up 2.82%): The stocks of IOC were trading higher today. The company is planning to monetize the pipeline asset and several investors have shown their interest in the asset. Besides, the stocks of other Oil Marketing Companies (OMCs) were doing well today.

Bajaj Auto (up 1.19%): Shares of the two-wheeler and three-wheeler manufacturer was trading higher as it has reported its sales numbers of January 2021 and said it sold 4.25 lakh units, up 8% YoY, in the month.

Bulk Deals:

Ujjivan Small Finance Bank Ltd (up 0.27%): Multiple bulk deals of 34.9 lakh shares happened in the range of Rs 34.95 to Rs 35.50 per share.
Tata Motor (up 11.07%): Multiple bulk deals for 21.5 lakh shares happened in the range of Rs296.25 to Rs 301.10 per share. Other auto stocks were also doing well today.
NHPC (down 2.32%): Bulk deals of 54 lakh shares happened at Rs 23.45 per share.