15
NEW DELHI: The bulls signed off the week on a terrific note on Friday, thanks to heavy buying in FMCG, metals and banking stocks.
The SP BSE Sensex rallied 284 points to settle at 37,948 while NSE’s Nifty50 ended at a fresh closing peak of 11,470.
Here’s a quick recap of top newsmakers of Friday’s session: -
Buzzing stocksRITES: Shares of recently-listed Rail India Technical and Economic Services (RITES) jumped 15 per cent during the day to hit a fresh high of Rs 326.55 on the BSE.
The stock has made solid advances since its listing on July 2.
At close, the stock price stood at Rs 310 apiece on BSE, up 9 per cent.
As of Friday's close, the stock was up 46 per cent from its listing price.
IDFC: This stock surged 4.41 per cent to close at Rs 52.05 amid reports Avendus capital has emerged frontrunner to acquire IDFC's AMC and broking units.
Among others, HDIL climbed 10.57 per cent to end at Rs 34 apiece on BSE, while GMR Infra spurted 8.52 per cent to shut shop at Rs 19.10 apiece on BSE.
MACD shows 66 stocks all set to fallJain Irrigation, ONGC, Wipro, IRB Infrastructure, Phillips Carbon and ICICI Securities are among 66 stocks that are likely to fall in the coming sessio ns, showed technical indicator moving average convergence divergence or MACD.
On the contrary, 45 counters saw bullish crossovers.
Cement stocks riseShares of cement companies registered solid gains during the trade after the government allowed import of petcoke for use as feedstock in cement, lime kiln, calcium carbide and gasification industries.
Shree Cement ended over 3 per cent higher at Rs 17,550 apiece on BSE while gained 2 per cent to close at Rs 1,592.85.
Orient Cement shut shop at Rs 120.35 per share, up 4.56 per cent.
Stocks in oversold/overbought zonesTechnical indicator RSI (relative strength index) showed two stocks, Asian Granito India and Shreyas Shipping Logistics have slipped into the oversold territory while HDIL, JK Paper, Filatex India, Lincoln Pharmacy, International Paper and Kilitch Drugs(I) were among 13stocks that have entered overbought zone.
Most active stocksReliance Communications, GMR Infra, HDIL, Uttam Value Steels, JP Associates and MPS Infotecnics were among the most active stocks in terms of volume.
On the other hand, Sun Pharma, Axis Bank, ICICI Bank, ITC, SBI and YES Bank emerged as most active stocks in terms of value.
Spurt in open interestApollo Hospitals Enterprise witnessed the biggest jump in open interest contracts at 20.96 per cent, followed by NBCC (12.54 per cent), Federal Bank (12.04 per cent) and Repco Home Finance (11.80 per cent).
