These stocks are likely to be in focus on November 2

The equity markets witnessed a strong opening for the month of November 2021. The indices extended gain and traded near level highs in the final hour of the trading session.

At close, the Sensex was up 875.02 points or 1.48% at 60,181.95 level, and the Nifty was up 258 points or 1.46% at 17,929.65 level.

On the sectoral front, all the sectoral indices ended in positive territory with, realty, metal and telecom indices up more than 3%. BSE Realty Index outperformed the markets by rising 3.57% on an intraday basis.

The indices in broader markets, BSE Smallcap index and BSE Midcap index, outperformed the benchmark indices by rising 1.85% and 1.12% each.

Watch out for these stocks for Tuesday’s trading session.

Mindtree - The company has launched Digital Health Passport for Travel, a solution that provides a smarter, safer and smoother experience to global travellers in navigating frequently changing travel regulations and restrictions related to the COVID-19 pandemic. The solution offers travellers an easy, quick and secure way to comply with country-specific entry requirements and protocols. It enables them to locate COVID-19 testing providers, schedule tests and make sure that test results meet their destination’s criteria.

Thermax – The company announced the expansion of its Solar business, transitioning from the present rooftop-based Capex model to the solution-based Opex model. Thermax’s Solar business is projected to grow to a GW scale based on its Opex strategy. The new business, to be helmed by Thermax’s subsidiary, First Energy Private Limited, will work closely with customers in the commercial and industrial space and support their decarbonising journey by providing optimised renewable power.

52-week high stocks – From the BSE 500 index, the stocks of ABB India, Birla Corporation, Blue Dart Express, Blue Star, Century Plyboards, Escorts, Grindwell Norton, KSB, Minda Corporation and Triveni Turbine have been on a buzz on Monday. They have made fresh 52-week high prices in Monday’s trading session. Keep a watch on these stocks on Tuesday.