Sectoral Watch – Most Discussed Exploration & Production Stocks
Source: https://stockarchitect.com/sector/Exploration-And-Production
Sensex takes a breather, gains 1,628 points; Nifty ends at 8,745
After days of brutal sell-off, the domestic equity market witnessed a sharp rebound on Friday and ended with around 6 per cent gains as positive global cues and coordinated efforts by countries across the globe to fight coronavirus (Covid-19) pandemic soothed investors’ nerves.
The S&P BSE Sensex rallied 1,628 points or 5.75 per cent to settle at 29,916. Of 30 constituents, 28 advanced and just 2 declined. Reliance Industries (RIL), HDFC and TCS contributed the most to the index’s gains. ONGC jumped over 18.5 per cent to Rs 72.45 apiece. It ended as the top gainer on the index. Other heavyweights such as RIL, Hindustan Unilever (HUL), and TCS gained in the range of 10-12 per cent.
On the downside, HDFC Bank slipped over 1 per cent to Rs 882 after global brokerage house Bernstein downgraded the stock to ‘underperform’ and sharply slashed the target price to Rs 750 from Rs 1,400 earlier.
On the NSE, headline index Nifty gained 482 points or 5.83 per cent to settle at 8,745 levels.
On a weekly basis, both Sensex and Nifty slipped over 12 per cent.
All the sectoral indices on the NSE ended in the green. Nifty FMCG advanced the most – up around 9 per cent to 26,073 levels while Nifty IT surged over 8.5 per cent to 12,306 points. Metal stocks, too, witnessed solid buying as the Nifty Metal index ended 7.7 per cent higher at 1,695 levels.
In the broader market, the Nifty Midcap 100 index jumped around 5 per cent to 12,642 levels while the Nifty SmallCap index gained over 2 per cent to 3,874 points.
Market breadth was in favour of buyers as out of 2,605 companies traded on the BSE, 1,447 advanced and 1,008 declined while 150 remained unchanged. Volatility index India VIX declined over 7 per cent to 66.92 levels.
Sectoral Watch – Most Discussed Fertilizer Stocks
Sectoral Watch – Most Discussed Diversified Stocks
Sensex ends 1,325 points up as indices stage sharpest 1-day recovery
Indian equity markets ended an eventful and highly volatile session with significant gains on Friday after posting a record intra-day recovery as investors put aside worries over coronavirus spread and indulged in some bargain buying. The Nifty50 index was locked in 10 per cent lower circuit early morning, prompting a halt in trading for 45 minutes. However, once the markets re-opened, the headline indices Sensex and Nifty shot up as much as 5,381 points and 1,604 points, respectively, from their early morning lows. Volitality index surged over 24 per cent during the session.
Sensex closed 1,325 pts, or 4.04 per cent, higher at 34,103 and the Nifty50 index a tad above 10,000 level at 10,023.65, up 433 points, or 4.54 per cent. The rebound was led by banks with index heavyweights HDFC ending 10 per cent lower while State Bank of India zoomed 14 per cent. Reliance Industries was also up over 5 per cent. In the end, 27 out of the 30 Sensex constituents ended the session in green.
The broader markets also joined the benchmarks in the upmove. The S&P BSE MidCap index closed 258 points, or 2.09 per cent, higher and the S&P BSE SmallCap index gained 146 points, or 1.26 per cent.
On a weekly basis, however, the Sensex posted worst week in over a decade — down 11.35 per cent while the Nifty50 slipped 11.6 per cent for the week.
Sectoral Watch – Most Discussed Furniture, Furnishing, Paint Stocks
Source: https://stockarchitect.com/sector/Furniture==Furnishing==Paints
Sectoral Watch – Most Discussed Defence Stocks
Indices end at 6-month lows, Sensex tanks 894 points; YES Bank down 56%
Bears continued to be in the driver’s seat on Friday as markets witnessed another bout of across-the-board sell-off due to Coronavirus fears. Further, YES Bank crisis was another major factor that dragged the markets lower.
The S&P BSE Sensex tanked 894 points or 2.32 per cent to settle the day at 37,577. During the day, the index hit a low of 37,011 levels. Bajaj Auto emerged as the biggest gainer on the index while Tata Steel (down over 6.5 per cent) was the top loser.
On NSE, the broader Nifty50 index ended at 10,989, down 279.5 points or 2.48 per cent.
On a weekly basis, Sensex dropped 1.8 per cent while Nifty lost 1.89 per cent.
Among individual stocks, YES Bank cracked as much as 85 per cent during the day after RBI suspended the bank’s board and placed it under moratorium for 30 days and capped withdrawal limit to Rs 50,000 for the one-month period. The stock eventually settled at Rs 16, down 56 per cent.
State Bank of India (SBI) closed around 6.5 per cent lower at Rs 270, after it informed that its board has given in-principle approval to consider an “investment opportunity” in YES Bank. In a late night statement on Thursday, SBI, however, said no decision had yet been taken to pick up stake in the bank.
Besides, other banking stocks, too, tumbled in the trade. The Nifty Bank index ended at 27,781, down over 1,000 points or 3.6 per cent.
Volatility index India VIX rose around 12 per cent to 25.96 levels.
In the broader market, the S&P BSE MidCap index declined 343.5 points or over 2 per cent to 14,227 levels while the S&P BSE SmallCap index ended at 13,330, down 261.5 points or around 2 per cent.
Sectoral Watch – Most Discussed Plastic Product Stocks
Sectoral Watch – Most Discussed Electric Utility Stocks
Source: https://stockarchitect.com/sector/Electric-Utilities