Multibagger Stock: Despite the volatility, the benchmark indices closed in the green for the fourth consecutive session on Tuesday. The Sensex closed with a gain of 148.53 points or 0.25 per cent and the Nifty gained 46 points or 0.26 per cent. About 1664 shares have risen, 1483 shares declined and 115 shares did not change.
Global markets traded cautiously amid rising prices and fears of rising inflation due to energy crisis. Selling in IT stocks on weak earnings and caution in global markets dashed expectations in domestic markets, but with strong support from PSU banks and buying in consumer goods, metals and auto indices, benchmark indices ended in the green. succeeded.
Titan, Bajaj Auto, SBI, Bajaj Finserv and Nestle India were the top losers in the Sensex, while HCL Technologies, Tech Mahindra, Ultra Tech Cement, TCS and M&M were the top losers. We are telling you which stocks you have to keep an eye on on 13 October (Wednesday):-
Radico Khaitan: In Tuesday’s trading session, the stock rose up to 14.58 percent and made a new 52-week high. On Monday, the company announced the launch of two new luxury products in the Brown and White Spirit categories. The stock saw a rise in Tuesday’s trading session and is likely to remain in focus on Wednesday.
TCS : Post marque hours, the company announced that TCS TwinX, an Artificial Intelligence (AI)-powered enterprise digital twin platform for risk-free business simulation, is now available on Google Cloud. The TCS TwinX digital combines cutting-edge research on AI and executor-based modeling to help visualize, experiment and execute business decisions through a twin-based simulator.
Bullish Moving Average Crossover: Jubilant Foods rose over 5 per cent on a closing basis, Vedanta gained over 4 per cent, Hindalco and Hero Motors jumped over 2 per cent in Tuesday’s trading session. Bullish moving average crossover was seen in these stocks.
Bullish Stochastic Crossover: GRSE, Infibeam Avenues, Trident, Titan Company and Alok Industries outperformed Frontline Index on Tuesday. A bullish stochastic crossover was also seen in these 5 stocks in Tuesday’s trading session. These five stocks will be in focus on Wednesday.
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