Daily Market Commentary - April 11, 2023 - Bonanza Portfolio
Daily Market Commentary for April 11, 2023 - By Mr. Rajesh Sinha, Sr. Research Analyst, BONANZA PORTFOLIO LTD.
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Daily Market Commentary for April 11, 2023 - By Mr. Rajesh Sinha, Sr. Research Analyst, BONANZA PORTFOLIO LTD.
Based on the OI percentage, 67 stocks, including Tata Motors, Godrej Properties, ONGC, City Union Bank, and Chambal Fertilizers, saw long build-ups.
IRB Infrastructure Trust's IRB Infrastructure Developers Limited with investment from the GIC Affiliates, a Sovereign Wealth Fund of Singapore, listed itself today on the National Stock Exchange to be in line with SEBI InvIT Regulations which requires listing of all InvITs, the company said in an exchnage filling. With this, the Trust has become the first Private InvIT listed on the NSE
On Monday, 1330 stocks advanced, 2233 declined and 175 remained unchanged with advance decline ratio of 0.59 on the Bombay Stock Exchange (BSE), indicating a negative closing of stocks in broader markets.
Mahindra CIE Automotive India will be among the stocks in focus as it will declare its December quarter earnings today.