Produced by: Aseem Thapliyal
The domestic equity market was trading higher on Friday. Sensex rose 181 points to 72,822 and Nifty gained 78 pts to 22,090. Market cap of BSE-listed firms rose to Rs 381.83 lakh crore.
V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services said, "In the near-term, the market is likely to consolidate around the present levels without sharp up moves or down moves. In view of the truncated next week with only three trading days, volumes have dipped significantly in recent days. This is likely to continue. However, big intraday dips are likely to be bought since DIIs are sitting on big cash and there is value in pockets of largecaps like banking. IT is likely to remain under pressure in view of the poor guidance from Accenture. Any sharp intraday up moves may face selling from FIIs since the US bond yields continue to remain high."
Shares of Laxmi Organics rose 9.21% in early deals today. Laxmi Organics stock was the top gainer on BSE. Market cap of the firm stood at Rs 6716 crore. A total of 3.54 lakh shares of the firm changed hands amounting to a turnover of Rs 8.60 crore on BSE.
Shares of Indian Renewable Energy Development Agency Ltd (IREDA) gained 5% to Rs 138.65 today. The company’s board is likely to consider plans for raising funds from domestic and international markets. Investor wealth in the firm rose to Rs 37,265 crore in early trade.
Shares of LTI Mindtree fell 4.17% to Rs 4945.05 in early deals. Market cap of the firm stood at Rs 1.49 lakh crore. A total of 0.21 lakh shares of the firm changed hands amounting to a turnover of Rs 10.70 crore on BSE.
Shares of Bharti Airtel saw a high turnover of Rs 376.94 crore in early deals in early deals. Shares of Bharti Airtel stood at Rs 1233. 50 on BSE. Market cap of the telco rose to Rs 6.96 lakh crore.
Shares of IRFC rose 4% to Rs 140.50 against the previous close of Rs 135.25 on BSE. Market cap of the firm stood at Rs 1.81 lakh crore. A total of 47.95 lakh shares of the firm changed hands amounting to a turnover of Rs 66.29 crore on BSE.
Shares of Capacite Infraprojects rose 7.65% today to Rs 279.20 apiece on BSE. Market cap of the firm rose to Rs 2351.99 crore. The civil construction stock opened higher at Rs 259 on BSE.
Shares of Waaree Renewable Technologies were stuck in the lower circuit of 5% to Rs 1382.10 on BSE today. Market cap of the firm fell to Rs 14,394.7 crore. A total of 1.67 lakh shares of the firm changed hands amounting to a turnover of Rs 23.10 crore on BSE.
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