Stocks to watch on March 4th: IRCTC, Adani Ports, HDFC, Angel Broking

Stocks to watch on March 4th: IRCTC, Adani Ports, HDFC, Angel Broking Stocks to watch... The post Stocks to watch on March 4th: IRCTC, Adani Ports, HDFC, Angel Broking appeared first on Stock Investor.

Stocks to watch on March 4th: IRCTC, Adani Ports, HDFC, Angel Broking

Stocks to watch on March 4th: IRCTC, Adani Ports, HDFC, Angel Broking

Stocks to watch on March 4th: On Thursday, both Sensex and Nifty reported a bearish trend in the stock market after bullish reports in the last three sessions of the market. The Sensex is trading below 50,700 levels and nifty trading below 15,010 levels in the stock market. The Sensex lost 748.75 points with a 1.57% decrease and reached 50,638.66 levels. While the nifty l0st 235.50 points with a 1.55% decrease and reached 15,009.90 levels.

On the other side, the number of coronavirus cases in India on Thursday, March 4th reached 1,11,39,516 with almost 1,57,346 deaths.

IRCON International Limited: On Wednesday, the government decided to sell 6% additional stakes in the company via offer for sale (OFS) on March 4th. On the other side, the company bagged an order worth Rs. 187.80 crores from Railway Ministry 

However, the shares of IRCON International Limited on Thursday reported a bearish trend in the stock market. It lost 1.20 points with a 1.32% decrease and reached 89.90 INR. While in BSE, the company lost 1.10 points with a 1.21% decrease and reached 90.00 INR.

IRCTC Limited: The company will operate trips via Golden Chariot from March 14th.

However, the shares of IRCTC Limited on Thursday reported a bearish trend in the stock market. It lost 2.15 points with a 0.11% decrease and reached 1,883.95 INR. While in BSE, the company lost 2.45 points with a 0.15% decrease and reached 1,883.15 INR.

Adani Ports SEZ Limited: On Wednesday, the company decided to acquire 31.50% stakes in Gangavaram Port for almost Rs. 1,954.00 crores from Warburg Pincus.

However, the shares of Adani Ports Limited on Thursday reported a bullish trend in the stock market. It gained 14.90 points with a 2.04% increase and reached 744.15 INR. While in BSE, the company gained 14.40 points with a 1.97% increase and reached 743.95 INR.

Welspun India Limited: The company board members decided to raise almost 100 million USD via debt.

However, the shares of Welspun India Limited on Thursday reported a bearish trend in the stock market. It lost 0.20 points with a 0.15% decrease and reached 132.80 INR. While in BSE, the company lost 0.25 points with a 0.20% decrease and reached 132.75 INR.

Angel Broking Limited: The company on Thursday reported its client data for the month of February stood at 37.50 lakh as against 17.10 lakh YoY. While the gross client acquisition reported at 2.90 lakh compared to 70,000 in the same month last year. 

However, the shares of Angel Broking Limited on Thursday reported a bullish trend in the stock market. It gained 12.95 points with a 3.98% increase and reached 338.70 INR. While in BSE, the company gained 13.20 points with a 4.05% increase and reached 338.80 INR.

Sun Pharmaceutical Limited: The company on Wednesday received USFDA approvals for generic Lotemax eye drops.

However, the shares of Sun Pharmaceutical Limited on Thursday reported a bullish trend in the stock market. It gained 1.85 points with a 0.30% increase and reached 626.20 INR. While in BSE, the company gained 1.85 points with a 0.30% increase and reached 625.90 INR.

Bajaj Electricals Limited: The company made an agreement with Mahindra Logistics for innovative logistics optimization and outsourcing arrangement.

However, the shares of Bajaj Electricals Limited on Thursday reported a bullish trend in the stock market. It gained 42.15 points with a 4.08% increase and reached 1,074.90 NR. While in BSE, the company gained 42.95 points with a 4.15% increase and reached 1,077.35 INR.

HDFC Limited: The company reduced its retail prime lending rate (RPLR) on housing loans by 5 basis points (bps) from March 4th.

However, the shares of HDFC Limited on Thursday reported a bearish trend in the stock market. It lost 73.05 points with a 2.75% decrease and reached 2,582.00 INR. While in BSE, the company lost 42.00 points with a 2.65% decrease and reached 1,544.45 INR.

Top Gainers on March 4th: ONGC, Adani Ports, Infosys, BPCL, and Wipro are the top gainers in today’s stock market.

Top Losers on March 4th: Tata Steel, JSW Steel, HDFC, Bajaj Finserv, and HDFC Bank are the top losers in today’s stock market.

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