The domestic benchmarks were trading with gains of more than a half per cent in Monday’s noon deals. At 12:50 pm, S&P BSE Sensex was trading 463.83 points or 0.90% higher at 51,886.71. The Nifty 50 index was trading 128.90 points or 0.84% higher at a fresh lifetime high of 15,564.55. 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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Stocks in News

PNB Housing: Hits 20% upper circuit. PNB Housing Finance today said that its board has approved a capital raise proposal of Rs 4,000 crore led by Carlyle. 

Other Housing Finance Stocks: Running. Canfin Homes – up 3.54% and GIC – up 0.54% among others are running. 

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PNB: Up 0.47%. It is in focus. 

TVS Motor: Down 0.29%. The company has expanded its presence in Iraq. The reputed two-wheeler and three-wheeler manufacturer globally, today inaugurated a new marquee showroom in Baghdad with distribution partner Ritaj International General Trade LLC. 

Garden Reach Shipbuilders: Down 1.13%. The operations of the Company will remain temporarily suspended in all then West Bengal based Units, except for the personnel manning essential services up to June 15, 2021. 

Earnings Reaction 

Divi’s Laboratories: Up 1.28% The pharmaceutical company has reported a 29% YoY rise in the consolidated profit at Rs 502 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 388 crore in the corresponding quarter of the previous financial year. 

Glenmark: Down 2.38%. The pharmaceutical company has reported a 6.2% YoY rise in the consolidated profit at Rs 234 crore for the quarter ended March 31, 2021 (Q4FY21). It had posted a profit of Rs 220 crore in the corresponding quarter of the last financial year (Q4FY20). 

Bank of Baroda (BoB): Down 3.24%. The public sector bank has reported a loss of Rs 1,047 crore for the quarter ended March 31, 2021, as compared to a profit of Rs 507 crore posted in the corresponding quarter of the previous financial year. 

City Union Bank: Down 0.14%. The lender has reported a profit of Rs 111.2 crore for the quarter ended March 31, 2021, as compared to a loss of Rs 95.3 crore posted in the corresponding quarter last year. 

REC: Up 0.21%. The Navratna company has reported a 374% QoQ rise in the standalone profit at Rs 2,070 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 436 crore in the corresponding quarter of the previous financial year. 

Buzzing Stocks

Logistics Stocks: Buzzing. Logistics stocks like Aegis Logistics – up 4.52%; GATI – up 4.31%; Sical Logistics – up 4.73%, among others were trading with gain. 

Health Sector: Buzzing. Stocks like Narayana Hrudayalaya Ltd – up 2.09%; Fortis Healthcare – 0.22%; Healthcare Global Enterprises – up 1.07% among others were trading higher. 

Paper Stocks: Buzzing. Paper stocks like Malu paper – hit 10% upper circuit and trading 11.80% higher; Pudumjee Paper – up 7.38% and Huhtamaki PPL – up 2.15% among others were trading higher. 

Paint Stocks: Shining. Paint stocks like Shalimar Paints – up 4.82%; Asian Paints – up 1.34%; Berger Paints – up 0.43% among others were trading higher. 

Steel Stocks: Gaining. Steel stocks like Tata Steel – up 1.40%; SAIL – up 3.14%; Jindal Saw – up 8.60%; Jindal Stainless – up 1.51% among others were trading higher. 

Metals, Sugar, other commodity stocks bouncing back today. 

RIL on the move again, up 11% in 2 days.