Metal and Banking shares to HDFC Life - here are top Buzzing Stocks today

Ignoring the weak trend in Asian markets, domestic stock markets were trading at with a gain of around 0.80% in Tuesday’s noon deals amid a healthy buying in metal. At 1:12 pm, the S&P BSE Sensex was trading with a gain of 398.32 points or 0.82% at 48,784.83. The NSE Nifty was trading 116.50 points or 0.80% higher at 14,601.50. Meanwhile, certain stocks were in action in either direction based on reports linked to them. Here is a list of few such stocks:

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Metals on Fire: Nifty Metal index was trading with a gain of 2.23%. Metal stocks, like National Aluminium Company – 5.61% up, Hindalco – 5.47% up, Welspun Corp – up 3.50%, Adani Enterprises – up 2.19%, and Tata Steel – 2.34% up, were trading with huge gains. 

Reliance Industries: On the move and trading 2.13% higher. 

Private, PSU Banks: Moving and doing well today. RBI has issued instructions on the governance of banks capping the tenure of non-promoter MD, CEO and whole-time director (WTD) posts to 15 years. 

HDFC Life: Under pressure post earnings and was trading 2.86% lower. Declared the Q4FY1 numbers and reported a 2% year-on-year (YoY) rise in profit at Rs 318 crore for the quarter ended March 31, 2021, as compared to Rs 312 crore in the same quarter last year.

Chemicals, Agro Chemicals: On Move - Deepak Nitrite – 6.42% up, Navin Fluorine – 4.38% up, PI Industries – 3.41% up, SRF – 2.77% up, Camlin Fine – hits upper circuit of 10% and trading 10.01% up, Sudarshan Chemicals – 7.30% up. 

Adani Group Stock: Doing Well. Stocks, like Adani Enterprises 1.97% up, Adani Transmission – 0.35% up, Adani Green Energy – 0.18% up, and Adani Power – 1.54% up, were trading higher. 

Alkyl Amines and Balaji Amines: Doing well. Alkyl Amines hits the upper circuit of 10% and trading 14.27% higher, while Balaji Amines hits the upper circuit of 10% and trading 10.61% higher.