These stocks are likely to be in focus on January 10
On Friday, the frontline equity indices, i.e., Sensex and Nifty were marginally higher than the last trading session.
At close, the Sensex was up by 142.81 points or 0.24% at 59,744.65 and the Nifty was up by 66.80 points or 0.38% at 17,812.70. About 2102 shares have advanced, 1309 shares declined, and 82 shares are unchanged.
The top five gainers on Nifty on Friday were Grasim, ONGC, Hindalco, HDFC Life Insurance, and Shree Cements. Whereas the top 5 losers were Mahindra and Mahindra, Bajaj Finserv, Bajaj Finance, Larsen and Toubro, and HDFC Ltd.
These stocks are likely to be in focus for Monday's trading session -
Tata Consultancy Services Limited: Tata Consultancy Services (TCS) announced that it has been selected by the Ministry of External Affairs (MEA), Government of India for the second phase of the immensely popular Passport Seva Program, following the successful implementation in the first phase. In the next phase of the program, TCS will develop innovative new solutions to enable the issuance of e-passports and further ease the citizen experience using technologies such as biometrics, artificial intelligence, advanced data analytics, chatbots, auto-response, natural language processing, and the cloud. The scrip of TCS was up by 1.26% at Rs 3854.85 at market close on Friday.
Titan Company Limited: Shares of Titan Company were up by more than 3% on Friday, after the company reported a strong business update and has witnessed robust demand across its consumer businesses. The jewellery segment revenue grew by 37% Y-o-Y in Q3FY22. The watches and wearables segment saw a 28% growth and the eyewear segment grew by 27%. Overall, the remaining businesses witnessed the most growth at 44% Y-o-Y. The stock was down by 0.89% at Rs 2572.70 on the BSE.
52-week high stocks – From the BSE 200 pack, the stocks of Page Industries, Pidilite Industries, Asian Paints, and Titan Company have hit their 52-week high price on Friday.
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Tanushree Jaiswal
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