Today (9th July 2020) markets opened in green and now trading with .5% gains in both Sensex and Nifty. Mainly steel and metal stocks are trading with good gains today with HINDALCO (3.9%), TATASTEEL (3.1%), VEDL (2.2%), JSWSTEEL (2.2%) up more than 2.2%. Stocks like HDFC (2.1%), INDUSINDBK (1.4%), ADANIPORTS (1.4%), AXISBANK (1.4%), IOC (1.3%), SBIN (1.3%), GAIL (1.3%), HINDUNILVR (1.3%), COALINDIA (1.1%), ASIANPAINT (1.1%), GRASIM (1.0%) are also up more than 1%. Top losers in the index are HEROMOTOCO (-1.6%), UPL (-1.4%), MARUTI (-1.3%) etc
Top Buy Bids happening in stocks like BHARTIARTL (39%), HCLTECH (18%), SHREECEM (12%), ULTRACEMCO (11%), POWERGRID (10%) and top Sell Bids in BAJFINANCE (-41%), INDUSINDBK (-38%), ZEEL (-36%), CIPLA (-32%), INFY (-30%), ICICIBANK (-29%), JSWSTEEL (-28%), SBIN (-27%), SUNPHARMA (-26%), AXISBANK (-25%), TCS (-24%), BAJAJFINSV (-23%), TATAMOTORS (-22%), RELIANCE (-21%), UPL (-20%). Since sell bid percentages are high overall market sentiment is weak and it may move downwards if there is no good news by afternoon.
No major Volume Gainers in first 50 minutes of trading. HINDALCO (-47.3%), TATASTEEL (-67.9%), JSWSTEEL (-71.3%), TCS (-73.8%), INDUSINDBK (-73.9%), TITAN (-76.6%) and COALINDIA (-78.0%) are trading with better volumes compared to other nifty stocks.
Major Recoveries Today : HINDALCO (2.7%), TATASTEEL (2.4%), HDFC (2.1%), JSWSTEEL (1.8%), HINDUNILVR (1.8%), ADANIPORTS (1.4%), KOTAKBANK (1.4%), IOC (1.3%), VEDL (1.3%), ULTRACEMCO (1.1%), M&M (1.1%), AXISBANK (1.0%), INDUSINDBK (1.0%), GAIL (1.0%) and BAJFINANCE (1.0%) recovered more than 1% from their respective day’s low today.
Major Drops Today : UPL (-2.4%), MARUTI (-2.1%), HEROMOTOCO (-1.9%), TATAMOTORS (-1.8%), INDUSINDBK (-1.7%), TITAN (-1.6%), ZEEL (-1.5%), TECHM (-1.5%), TCS (-1.4%), BAJAJ-AUTO (-1.3%), BAJFINANCE (-1.3%), ONGC (-1.2%), INFY (-1.2%), EICHERMOT (-1.1%) and ICICIBANK (-1.1%) dropped more than 1% from their respective day’s high today.