Sensex tops 70,000, Nifty hits fresh all-time high; GTL Infra, Safari Industries jump up to 8%
On BSE, GTL Infrastructure, Safari Industries, Sonata Software, J&K Bank and BLS International Services surged up to 8.06 per cent.
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On BSE, GTL Infrastructure, Safari Industries, Sonata Software, J&K Bank and BLS International Services surged up to 8.06 per cent.
After a brief pause, the primary market will be back in full swing this week with two mainboard IPOs and four SME issues planning to raise about Rs 2,500 crore. The two mainstream public offers -- DOMS Industries and India Shelter Finance -- will open for public subscription on December 13 and close on December 15.
The equity market closed higher on Friday. Sensex rose 304 points to 69,825 and Nifty gained 68 points to 20,969. Here's a look at stocks that are likely to remain in action next week.
Data crunching done by ETMarkets showed that 23 companies reported atleast a double-digit year-on-year (YoY) growth in both revenue and profits for three consecutive quarters. About seven of them have given multibagger returns year-to-date, and five of them have done that only in FY24.
Represented by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it indicates strong buying pressure throughout the session.