In the morning trade stocks like Zee, Bajaj Finance, Bajaj Finsv, Infratel, Powergrid, Upl, Itc, Coal India, Bpcl, Vedanta and Tata Steel are trading with more than 1% gains. Only 2 stocks are trading with more than 1% loss – Ongc and Adani ports.
In buy and sell bids front stocks like Indusind bank, Bajaj finsv, Coal India, Bajaj Finance, Powergrid, Upl, Itc, LT, Ntpc and Kotak bank are now with more than 10% buy bids and stocks like Tcs, Tata motors, Hdfc bank, Sun pharma, cipla, icici bank, reliance, infy, axis bank, jsw steel and hdfc are with more than 15% sell bids.
On the volume front no major volume gainers as of now. Here we calculate volume till 10:42am vs average 2 months volume till current time ie 10:42am.
Many stocks recovered smartly in the morning trade from their respective days low like Bajaj Finance, Zee, Bajaj Finsrv, Infratel, Indusind bank, Bpcl, Coal India, Axis Bank and Tata motors with more than 2% gains from morning low.
Overall markets are trading without any direction because of many uncertainties like India-China border issue, increasing corona virus covid 19 cases in India, worry about a second wave of corona virus outbreak, possible global recession in coming quarters etc.