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Expectations surrounding the upcoming Budget is also seen as a trigger amid possibility of capital expenditure plans and new project announcements.
IT stocks: Infosys' American Depository Receipt (ADR) surged sharply to fresh record highs on Friday, with the company clarifying that it is not aware of any material event which led to the sudden spike.
Hindustan Zinc share price: The shares of the Vedanta Group-company rose to a fresh 52-week high of Rs 606.70 apiece in the early trading hours of Monday.
In earlier years, the number of companies with a mcap above Rs 1 lakh crore stood at around 75 in 2023, 54 in 2022 and 49 in 2021. In 2019 and 2020, the count was significantly lower at around 29 and 31 companies, respectively.
Krishna Institute of Medical Sciences Share Price | The company is going to add approximately 300 beds with an investment of around Rs 300 crore.
Indraprastha Gas Share Price | Indraprastha Gas has formed 50:50 joint ventures with Hindustan Waste Treatment (HWT) for compressed bio gas plant/biofuel projects.
Stocks to Watch, 22 December: Stocks like Sudeep Pharma, IRB Infrastructure Developers, Krishna Institute of Medical Sciences, Ge Vernova T&D India, Granules India, Soma Textile, Tata Chemicals, Indian Hotels Company, Emmvee Photovoltaic Power, Jupiter Wagons, Fortis Healthcare, KEC International, and Allcargo Terminals will be in focus on December 22.
Powergrid InvIT saw significant gap-down on Friday, closing 3.85 percent lower at Rs 89.16 amid strong volumes after exchange of units.
Voltas share price: 'The key message from Voltas’ investor call was that while the situation is clearly improving, it is not yet time to rejoice,' said JM Financial.
IT stocks: The rise in the share prices pushed the Nifty IT index more than 1% higher to hit its day’s high at 39,054.
The move is part of its broader strategy to build an integrated ecosystem around its electric two-wheelers.
Vodafone Idea share price: CLSA said that the government may consider a partial relief of AGR dues for the telcom company.
ICICI Prudential AMC share price: LG Electronics continues to the top the list, after its shares debuted with a premium of 50% over the IPO price in October this year.
Pharma stocks: The Biosecure Act bars some Chinese biotech companies from receiving federal funding.
ICICI Prudential AMC shares rose as much as 23 percent to Rs 2,663.40 on the NSE on the debut day.
BLS International share price: Earlier in October, the Ministry of External Affairs (MEA) banned the company from participating in future tenders of the ministry and India Mission abroad for two years.
Ola Electric share price: CEO's stake sale completely eliminates all promoter pledges, as it releases all 3.93% shares previously pledged for the loan.
Exim Routes share price: The IPO was subscribed over 14 times between December 12-16.
Stocks to Watch, 19 December: Stocks like HCL Technologies, Bharti Airtel, GPT Infraprojects, Swiggy, Waaree Energies, Premier Energies, Niraj Cement Structurals, Biocon, Arisinfra Solutions, Lupin, InterGlobe Aviation, Mishra Dhatu Nigam, Shree Digvijay Cement Company, Ola Electric Mobility, and ICICI Prudential AMC will be in focus on December 19.
Bhavish Aggarwal, the founder and promoter, sold 2.83 crore equity shares (0.64 percent stake) in Ola Electric Mobility, the electric scooter maker, for Rs 90.3 crore at Rs 31.9 per share.
Bhavish Aggarwal Stake Sale: Due to consistent selling by promoter, Ola Electric Mobility maintained its downtrend and hit all-time closing low of Rs 31.26, down 5 percent with higher volumes
Crude-sensitive stocks: Oil prices soared amid supply concerns due to blockade of Venezuelan oil tankers and US possibly preparing more sanctions for Russia.
ICICI Securities maintained a ‘buy’ rating on the stock with a target price of Rs 1,875, citing confidence in the company’s medium-term prospects.
Meesho share price: Analysts listed out why it may be a better for investors to delay purchase of the e-commerce platform's shares, and what will be key triggers ahead.
Max Healthcare share price: The company's board has approved the proposal to enter into a share purchase agreement for acquisition of 100% equity stake in Pune's Yerawada Properties for around Rs 200 crore.