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BSE Smallcap index hits new high; HLE Glascoat zooms 108% in a month


Shares of smallcap companies were in focus in Friday s trade as the S&P BSE Smallcap index hit a new high of 21,411, up 1 per cent, on the back of a strong rally in power, textiles, jewellery, industrial machinery, chemicals and packaging stocks.
The smallcap index surpassed its previous high of 21,389 touched on March 3, 2021. In comparison, the S&P BSE Sensex was up 0.73 per cent and the S&P BSE Midcap index was up 0.82 per cent.
Shares of Vascon Engineers, Mahanagar Telephone Nigam Limited (MTNL), BGR Energy Systems, Reliance Power, Olectra Greentech, 3i Infotech and OnMobile Global from the smallcap index were locked in their respective upper circuit filters on the BSE today. ....

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Market Movers: Majesco turns ex-dividend; 25 stocks flash 'buy' signal on MACD


Market Movers: Majesco turns ex-dividend; 25 stocks flash ‘buy’ signal on MACD
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Last Updated: Dec 23, 2020, 05:41 PM IST
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Synopsis
Shares of Majesco hit the upper circuit as they traded ex-dividend on Wednesday, and closed nearly 5 per cent from the adjusted previous close.
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Some 25 stocks on the BSE flashed the ‘buy’ signal on the MACD indicator during the trade.
INSIGHTS
NSE
Shares of
Majesco hit upper circuit after the stock turned ex-dividend on Wednesday. On the other hand, Borosil Renewables extended its rally after the completion of fundraising through a qualified institutions placement (QIP). Overall, buying in IT majors Infosys and TCS, FMCG player HUL and energy-to-telecom behemoth Reliance Industries took the benchmark equity indices higher for the second straight session. ....

Tilak Nagar , Dashank Desai , Ketan Mehta , Girija Ram , Vinod Nair , Jayeshkumar Kantilal Patel , Head Of Research At Geojit Financial Services , Godrej Properties , Tilaknagar Industries , Eclerx Services , Borosil Renewables , Tera Software , Reliance Industries Rs , Reliance Industries , Geojit Financial Services , State Bank , Power Grid , Ozone World , Asian Paints , Berger Paints , Linde India , Ramky Infrastructure , Shree Renuka Sugars , Tata Consumer , Zen Technologies , Ramky Infra ,

Market Movers: Snowman Logistics, SpiceJet gain over 6%; over 100 stocks hit 52-week high


Market Movers: Snowman Logistics, SpiceJet gain over 6%; over 100 stocks hit 52-week high
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Zuari Management Services of Zuari Agro created a pledge of 45,00,000 on December 8. The stock settled 2.09% up at Rs 158.80.
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Some 11 stocks on the NSE flashed the ‘buy’ signal on the MACD indicator during Friday’s trade. They included Oriental Bell, Rane Brake, Sharda Motor, Jubilant Food and Subros, among others.
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Shares of SpiceJet got traction on Friday after the airline firm said it has partnered with Om Logistics and also signed a pact with Snowman Logistics for transportation of Covid-19 vaccine. In the broader market, smallcap indices managed to outpace midcaps. ....

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