Market Buzz Today: Titan share price gains 5%, Can Fin Homes drops 3.13%; Yes Bank, Indraprastha Gas most active shares
Stock market had a weak start on January 15, 2020, ahead of the signing of phase 1 deal of US-China trade deal. There were certain stocks that were bullish, or bearish, depending on how they were impacted by the news, during trading hours and pushed the BSE Sensex down by 239.49 points, or 0.57% at 41,713.14 by and the Nifty 50 by 63.10 points, or 0.51% at 12,299.20 by 13.24 pm
Stock market had a weak start on January 15, 2020, ahead of the signing of phase 1 deal of US-China trade deal. There were certain stocks that were bullish, or bearish, depending on how they were impacted by the news, during trading hours and pushed the BSE Sensex down by 239.49 points, or 0.57% at 41,713.14 by and the Nifty 50 by 63.10 points, or 0.51% at 12,299.20 by 13.24 pm.
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Here is a list of some Buzzing Stocks today:
Titan shares: Up 5%. Extends winning run into the third consecutive session. Rakesh Jhunjhunwala and his wife increased stake in the company to 6.69 per cent.
Alembic Pharma: Up 1.09%. It received final approval from USFDA for its abbreviated new drug application (ANDA) Tizanidine Hydrochloride Capsules, 2 mg, 4 mg, and 6 mg, as per company release.
Saksoft: Up 1.97%. CARE upgraded the long-term bank facilities from CARE BBB + positive to CARE A- stable.
IndusInd Bank: Down 4.62%. The lender reported a sharp increase in gross slippages. Numbers came yesterday. Slips 8% in two days on higher slippages in December quarter.
CSB Bank: Up 2.10%. RBI lifted the restriction on opening new branches in view of the delayed Initial Public Offering (IPO).
Can Fin Homes: Down 3.13%. Canara Bank decided to call-off the divestment process of its entire stake in Can Fin Homes.
Jet Airways: At 6-mth high, up 4.99%. Up 12th straight day ahead of expressions of interest (EOI) deadline.
DFM Foods: Surges 12.15% after 54% of equity changed via block deal on the BSE.
Wipro: Trades lower by 3.50% after dip in Q3 profit, muted revenue guidance.
Yes Bank: Gains 4.54%. Halts losing run
Indraprastha Gas: Soars 5.56%.
Nifty Realty: Hits 20-mth high; Prestige Estates, Oberoi Realty up 6%.
Adani Green Energy: Drops 5%.
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