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Hindalco, Marksans Pharma To Keep The Market Up Today, L&T, Tata Motors On A Steady Ride

On Wednesday, the Sensex closed at 60,105.50 points, down by 0.017 per cent. The Nifty too went down by 0.010 per cent to close at 17,895.70 points

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The stock market continues to witness ups and downs. On Wednesday, the Sensex saw a plunge of 309.7 points at one point of time, but later recovered and closed at 60,105.50 points, down by 0.017 per cent. The Nifty too went down by 0.010 per cent to close at 17,895.70 points. Experts say that the market will continue to see fluctuations even today.


These Stocks Are On Rise

If the momentum indicator Moving Average Convergence Divergence (MACD) is to be believed, then Hindalco, Marksans Pharma, and Easy Trip Planners can see a boom. Shares of Hindalco Industries Ltd closed at Rs 490.80 yesterday, up by 2.77 per cent. The stock of this company of Aditya Birla Group has given a return of 5.62% to its investors in the last 5 days.

With a jump of 6.42 per cent on Wednesday, Marksans Pharma Ltd closed at Rs 66.30 and is currently on a high. Stocks like Sun Pharma, Larsen & Toubro and Tata Motors also closed on a green mark. Sun Pharma is trading at Rs 1,026.60 and saw a jump of 1.46 per cent yesterday. It has also shown a steady growth in last five days.

Larsen & Toubro and Tata Motors continue to go strong, with the former trading at Rs 2,133.00 (up by 1.25 per cent) and Tata Motors is at Rs 417.20, which is up by 1.04 per cent.

There May Be A Boom In These

The shares of Easy Trip Planners Ltd closed down yesterday at a price of Rs 52.55, but today it may show a bullish trend. It has registered a gain of 1.15% in the last 5 days.

Experts opine that one can also keep an eye on Infosys, HCL Technologies, Anand Rathi Wealth, Den Networks, GG Engineering, GM Breweries, GTPL Hathway and Plastiblends India as their quarterly earnings results are due today i.e. 12th January.