Domestic indices started the week on a sluggish note but quickly gained positive momentum and moved higher. Information technology, telecommunication, and metal stocks led the rally.
At 10:25 am, the BSE Sensex gained 0.24% reaching a level of 79,222. The Nifty 50 index added 0.28% to the 24,078 level. On the Sensex, Tech Mahindra, JSW Steel and Tata Consultancy Services were among the top gainers, whereas NTPC Ltd, Sun Pharmaceutical Industries and Power Grid Corporation of India were among the market draggers.
Some of the noteworthy volume movers are as follows:
Shares of PTC Industries Ltd experienced a sixfold increase in trading volume, gaining over 6% to reach an intraday high of Rs 14,520 per share on the BSE. The company manufactures metal components for critical and supercritical applications in industries such as defence, oil & gas, liquefied natural gas (LNG), ships & marine, among others. It offers a wide range of materials, including titanium alloys, alloy steel, stainless steel, duplex and super duplex stainless steel, nickel-based alloys, and cobalt-based alloys.
Shares of J B Chemicals & Pharmaceuticals Ltd climbed over 8% today, reaching an intraday high of Rs 1,906 per share on the BSE, driven by heightened buying interest. The company is a comprehensive pharmaceutical manufacturer offering a diverse range of products and dosage forms across various therapeutic categories. While it is a leading player in gastroenterology, hypertension, and dermatology, it has also expanded into newer therapeutic areas such as nephrology, respiratory, virology, and diabetes.
Shares of Indo Count Industries Ltd experienced a strong uptrend, soaring more than 11% today to reach an intraday high of Rs 433 per share on the BSE. Specializing in manufacturing and exporting bed sheets, bed linen, and quilts, the company boasts a diverse product range in the premium segment, including bed sheets, fashion bedding, utility bedding, and institutional bedding.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
Published on: Jul 1, 2024, 4:58 PM IST
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