Watch out for these large-cap stocks in Wednesday’s trading session!

Nifty 50 extended its rally from yesterday, closing over the 18,100 level. This was supported by strong global trends. In this post, we have identified powerful stocks for November 2 that are having a strong technical setup.

On an intraday basis on Monday, the shares of this company soared over 10 per cent to reach the day's high of Rs 1,411.80 per share on BSE.

FSN E-commerce Ventures subsidiary Nykaa, on September 28, informed the exchanges regarding its board meeting for the proposal of bonus issue and approval from the shareholders. With this news, Nykaa shares opened higher by nearly 5 per cent on September 29. 

It was a merry Monday after all on the bourses as the core equity indices i.e., Sensex and Nifty 50 rose generously and were trading more than 2 per cent higher in the morning session!  

On Tuesday, advancement in the Russia-Ukraine issue and a rise in oil prices led global markets to plunge sharply. Consequently, Indian equities opened sharp in red tracking overnight fall in the global market but could cut down their losses during the late session.

On Monday, the equity markets experienced a bearish day due to increasing tension between the US and Russia over Ukraine which caused a rise in oil prices and led investors to dump risky assets. Sensex ended 3 per cent down at 56,405.84 levels whereas Nifty contracted 3.06 per cent settling at 16,842.80 level.