Sectoral Watch – Most Discussed Other Industrial Product Stocks
Source: https://stockarchitect.com/sector/Other-Industrial-Products
Sectoral Watch – Most Discussed Petrochemical Stocks
Sensex slips 143 points amid weak global cues; financials decline
The Indian stock market ended Friday’s volatile session in the negative territory amid weak global cues. The relentless rise in Covid-19 cases both in India as well as on the global front weighed on investor sentiment. The S&P BSE Sensex slipped 143 points or 0.39 per cent to settle at 36,594 levels while NSE’s Nifty ended at 10,768, down 45 points or 0.42 per cent.
HDFC, HDFC Bank, ICICI Bank, and Axis Bank contributed the most to the Sensex’s fall. Axis Bank ended as the top loser on the index while Reliance Industries (RIL) ended as the biggest gainer – up around 3 per cent. RIL hit a fresh lifetime high of Rs 1,884.40 during the day before settling at Rs 1,878.50 on the BSE.
On a weekly basis, Sensex gained 1.6 per cent while Nifty rose 1.5 per cent.
The sectoral trends on the NSE remained mixed. While financials, metals and auto stocks declined in the trade, pharma, FMCG, and realty counters rallied. The Nifty Pharma gained 0.85 per cent to 10,072.25 levels. On the other hand, Nifty Bank slipped over 2 per cent to 22,398.45 points.
In the broader market, the S&P BSE MidCap index fell 0.72 per cent while the S&P BSE SmallCap index declined 0.35 per cent.
Sectoral Watch – Most Discussed Other Industrial Goods Stocks
Source: https://stockarchitect.com/sector/Other-Industrial-Goods
Sectoral Watch – Most Discussed Misc.Commercial Services Stocks
Source: https://stockarchitect.com/sector/Misc010Commercial-Services
Sensex settles 178 points higher; defence stocks rally up to 12%
Benchmark indices climbed off the day’s top but still ended around 0.5 per cent higher on Friday amid buying in IT, auto, and FMCG counters.
The S&P BSE Sensex ended at 36,021, up 178 points or 0.5 per cent, having risen to as high as 36,110 earlier in the day. The Nifty50 index settled above the 10,600 level at 10,607, up 56 points or 0.53 per cent. India VIX slipped 3 per cent to 25.69 levels.
On a weekly basis, Sensex gained 2.41 per cent while Nifty added 2.16 per cent.
Bharti Airtel (up 4 per cent) and Bajaj Auto (up 2.5 per cent) were the top Sensex gainers. Reliance Industries gained 1.5 per cent after the company announced that Intel has invested Rs 1,894.5 crore in Jio Platforms for a 0.39 per cent stake.
Further, shares of defence companies rallied in the trade and climbed up to 12 per cent on the BSE after the Ministry of Defence (MoD) approved the purchase of weapons and equipment worth Rs 38,900 crore. Bharat Dynamics ended 12.55 per cent higher at Rs 375.80 on the BSE while Bharat Electronics gained 9 per cent to Rs 97.25
Moreover, JB Chemicals rose 3 per cent during the day after it said global investment firm KKR will pick up a controlling stake of 54 per cent in the company. The stock, however, ended flat. Meanwhile, HDFC Life gained around 4.5 per cent as the company will replace Vedanta on Nifty with effect from July 31.
In the broader market, the S&P BSE MidCap index rose 0.56 per cent while the S&P BSE SmallCap index gained 0.47 per cent
Sectoral Watch – Most Discussed Integrated Oil & Gas Stocks
Source: https://stockarchitect.com/sector/Integrated-Oil-And-Gas
Sectoral Watch – Most Discussed Edible Oil Stocks
IT stocks, HDFC Bank, RIL help Sensex settle 329 points higher
Rally in information technology (IT) stocks, HDFC Bank, and Reliance Industries (RIL) helped the benchmark index, S&P BSE Sensex, settle with 329 points or 0.94 per cent gains at 35,171 levels on Friday.
NSE’s Nifty rallied 94 points or 0.91 per cent to end at 10,383. Volatility index, India VIX, dropped over 4 per cent to 28.50 levels.
IT stocks advanced in the trade after Accenture posted a better than expected quarterly numbers. The S&P BSE Information Technology index jumped over 5 per cent to end at 15,125 levels. Among individual stocks, Infosys gained 7 per cent, TCS rose 5 per cent while Wipro ended over 3 per cent higher. READ MORE
On a weekly basis, Sensex gained 1.26 per cent while Nifty added 1.35 per cent.
The broader indices underperformed the benchmarks. The S&P BSE MidCap index ended 0.27 per cent higher at 13,258.44 levels while the S&P BSE SmallCap rose 0.19 per cent to 12,630 points.
Sectoral Watch – Most Discussed Speciality Retail Stocks