Despite underperformance by the broader indices, stock-specific action was witnessed in the markets. Hence, it’s important for traders and investors to keep a close watch on stocks that exhibit strong strength.   

The BSE SmallCap index managed to close in the red on Monday, continuing its underperformance from past week.  

In Monday's trading session, the domestic benchmark indices ended on a flat note with Sensex gaining 0.26 per cent whereas Nifty rising 0.21 per cent. The metal sector was in the limelight while the telecom sector faced selling pressure.  

The metal stocks have been shining recently, driven by a broad-based buying on strong demand and revival in consumption hopes. The major quarterly earnings have given a further boost to the metal index. Meanwhile, BSE Metal Index gained 2.34 per cent today.  

Sundaram Mutual on Independence Day, August 15, 2021, launched a new facility, to aid its distribution partners in executing MF transactions for investors. 

Tata Steel share price gained by 3.67 per cent on Monday. 

Tata Elxsi is trading with a PE multiple of 66 and its ROE is ~30.  At current price the dividend yield for the stock is 0.54 per cent. 

In the month of July 2021, equity-dedicated mutual funds saw redemption worth Rs 19,517 crore. Read onto know more about the companies where MFs have lowered their stake.

The market opened in red on August 16, 2021.

The market opened in red on August 16, 2021, overall volumes in futures & options currently stand at 4,06,77,334 contracts with a turnover of Rs. 35,18,003.80 crore.