The market showed a small gain Thursday, and S&P BSE SENSEX ended the day at 83185 points, which is an increase of 0.3 percent. The index has thereby closed up 16 out of the past 23 days. 932 shares showed a gain and 2501 showed a loss. 65 shares were unchanged and closed at the same price as the previous day. There was no trading in 300 shares. Total value of the trading volume for shares and primary capital certificates Thursday was approximately 76.7 billion. | |
The turnover in Dr. Reddy`s Laboratories Ltd. was extremely high. Overall it was traded for 5268 millions rupee in the stock, which is 109 times as much as normal daily turnover. Dr. Reddy`s Laboratories Ltd. closed at 6507 rupee after a small loss of 0.9 percent. The stock has now closed down for the fifth day in a row. Technically, however, it looks good. The stock is trend wise positive in the medium term and a further increase is indicated.
Vodafone Idea Ltd. ended with a steep loss of 19.6 percent and closed at 10.38 rupee. The previous time the stock lost this much was Jan 11. 2022, when it closed down 20.5 percent. The stock has now closed down for the fifth day in a row. The stock is trend wise positive in the medium term.
Reliance Infrastructure Ltd showed a small gain and ended the day at 285 rupee, which is an increase of 0.7 percent. The stock has now risen for the fourth day in a row and this past month the stock has gained as much as 19.5 percent. Technically it also looks good. The stock is trend wise positive in the medium term and a further increase is indicated.
U.Y.Fincorp Ltd. rose sharply to close at 30.19 rupee, up 20.0 percent. The stock has never gained more in one day since Feb 9. 2017, when it was up 20.0 percent. The volume was also very high. At session end it was bought and sold shares for about 157 million rupee in the stock, which equals 50 times mean daily turnover. Technically it also looks good. The stock is assessed as technically positive for the medium long term.
Sudarshan Pharma Industries Ltd was up 4.9 percent to close at 350 rupee. The stock has now closed up for the 16. day in a row. Since the buy signal from the rectangle formation four months ago, the stock now has gained 350.0 percent.
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Hitech Corporation Ltd. | 20.00% |
Raj Packaging Industries L | 20.00% |
U.Y.Fincorp Ltd. | 19.99% |
Duropack Ltd. | 19.99% |
KCD Industries India Ltd. | 19.92% |
Nandan Denim Ltd | -89.53% |
Vodafone Idea Ltd. | -19.60% |
Saksoft Ltd. | -17.15% |
Tanvi Foods (India) Ltd | -16.60% |
Sovereign Diamonds Ltd. | -10.51% |
Dr. Reddy`s Laboratories L | 5268.00 |
Vodafone Idea Ltd. | 2409.48 |
Spicejet Ltd | 1777.49 |
Sangam Renewables Ltd. | 1424.48 |
Reliance Infrastructure Lt | 1262.45 |
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Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer.
The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.