The stock market has dominated the past two days. With the budget of Finance Minister Nirmala Sitharaman, the Gaddad Share Market has made up for the six-day decline in two days. During this time, investors are getting silver heavily. On Wednesday, shares of Tata Consumer Products, Infosys and Ajanta Pharma may fill investors’ strings.
New Delhi on
Wednesday, investors of Tata Consumer Products, Infosys and Ajanta Pharma may fill the bag. IT company Infosys has received a digital transformation contact from Siemens Gamesa Renewable Energy. Ajanta Pharma’s profit rose to Rs 176.6 crore in the third quarter from Rs 107.6 crore in the same quarter last year. Tata Consumer Products reported a profit of Rs 218.2 crore in the December quarter, compared to Rs 169.3 crore in the same quarter last year. The company has announced the acquisition of Kottaram Agro Foods for Rs 156 crore.
These stocks may remain bullish
Momentum Indicator MACD According to Tata Motors, SBI, Ashok Leyland, Federal Bank, Zee Entertainment, Axis Bank, NCC, HDFC Bank, L&T, Indian Bank, Ambuja Cements, Shriram Transport Finance, Havells India, Sanghi Industries, Bajaj Finance, City Union Bank, Voltas, Orient Cement, Minda Corporation, Jain Irrigation, UltraTech Cement, Century Textiles, Redington (India), The Ramco Cements, Siemens, Au Small Finance Bank, IRCTC, JK Lakshmi Cement, PTC India , Apollo Hospitals, NCL Industries, Century Enka, HG Infra Engineering, KCP, J Kumar Infraproject, Welspun Enterprises, Dr. Shares of Lal Pathlabs, ABB India, VRL Logistics, Kothari Sugar and Dalmia Bharat are likely to gain momentum.
Fears of a fall in these shares
According to MACD, shares of Future Enterprises, Capri Global Capital, Aegis Logistics, Garware Technical Fibers, Asahi Songwon Colors, Vadilal Industries and Bombay Super Hybrid are expected to fall in Share Market.
On Tuesday, the stock market is recent
After the budget, the market boom continued for the second day on Tuesday and the BSE Sensex rose by 1200 points. At the same time, the NSE Nifty regained the 14,600 level. The market gained momentum due to intense buying in shares of banks, finance and infrastructure companies. According to traders, favorable global cues and fresh capital inflows kept the momentum up. The 30-share BSE Sensex gained 1,197.11 points, or 2.46 percent, to close at 49,797.72. The BSE Sensex once rose to the 50,000 level. Similarly, the National Stock Exchange’s Nifty gained 366.65 points, or 2.57 percent, to close at 14,647.85.
which shares
State Bank of India (SBI) was the biggest gainer among the Sensex stocks. It gained 7.10 percent. Apart from this, UltraTech Cement, HDFC Bank, L&T, Bharti Airtel, Maruti Suzuki and Kotak Bank have also done well. Of the 30 Sensex stocks, 27 closed with gains. Only three stocks… Bajaj Finserv, Titan and HUL… declined by up to 2.34 percent. Most analysts believe that budget proposals such as higher capital expenditure, status quo on the direct tax front and capital gains tax not being increased have had a positive impact on the market.
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