Overnight Digest: Stocks to keep an eye on September 13
Watch out for these stocks for Tuesday’s trading session
Sensex settled the day 312.26 points higher or 0.52 per cent at 60,105.40 level while Nifty added 97.50 points or 0.55 per cent to close at 17,930.80. The Mid-Cap and Small-Cap indices outperformed the benchmark indices, gaining 0.89 per cent & 1.02 per cent, respectively.
IT and realty indices were in the lead, zooming more than a per cent while the other sectoral indices also ended in the green. Tech Mahindra, Infosys & Wipro surged between 1.5 per cent and 3 per cent and were among the Top Gainers on BSE while Oberoi Realty, Godrej Properties, DLF, and Brigade Enterprises were the top realty stocks.
Watch out for these stocks for Tuesday’s trading session -
Happiest Minds Technologies - The shares of Happiest Minds Technologies climbed more than a per cent during Monday's trading session. The company announced that the expansion of its Noida facility is increasing delivery capacity and leveraging the area’s diverse high-technology talent pool. With the additional facility, the company will have a capacity of 450 in the NCR region.
Adani Ports & Special Economic Zone - The shares of Adani Ports & Special Economic Zone attracted attention during Monday's trading session as the stock was seen soaring over 3 per cent thereby, outperforming the benchmark indices. The shares showed a substantial spurt in their prices last week, gaining more than 10 per cent. They are likely to be on investors' radars for the upcoming trading sessions.
Ramkrishna Forgings - The shares of Ramkrishna Forgings gained up to 2 per cent on the announcement that the company has approved a fundraise of Rs 94.3 crore through a preferential issue of 46 lakh warrants convertible into equivalent equity shares of Rs 2 each at a price of Rs 205 per warrant to promoters/non-promoters. The company will receive Rs 23.60 crore during the year while a balance of Rs 70.70 crore would be received within the next 18 months from the date of allotment of warrants.
Price volume breakout stocks - Some of the shares that showed a price volume breakout during Monday's trading session comprised KEC International, Fine Organic Industries, Welspun India, Vakrangee, and Astrazeneca Pharma India, surging attractively. These stocks are likely to be in focus for Tuesday's trading session.