Today i.e. Friday is the last trading day of 2022 for the stock market. The market will now open in a new year and experts hope that it will be a fruitful year for the investors. On Thursday, the market showed a boom in the last few hours and closed on the green mark. Even today, the same is being expected from the market. On Thursday, the Sensex closed at 61,133.88 with a gain of 223.60 points and the Nifty closed at 18,191 points with a gain of 68.50 points.
These Shares Will Be On Gain Today
On the last trading day of the year, some stocks are showing an upward trend. These include Reliance Industries, HG Infra Engineering and Poonawalla Fincorp. Along with these Welspun India and Eicher Motors may also show gains today. Reliance's stock is currently trading at Rs 2,544.95. It has given a return of 7.88% in the last one year. With Reliance buying 51 per cent stake in Lotus Chocolate, it can also affect the shares of the company.
Watch Out For These Stocks As Well
Eicher Motors also closed at Rs 3,288 on Thursday with an increase. It is trailing from its 52-week high of Rs 3,889.65. However, it has jumped 4.48% in the last five days. Poonawalla Fincorp is currently trading at Rs.306 with a gain. The company has given an impressive return of 18.19% in the last 5 days. Similarly, HG Infra Engineering and Welspun India also closed strongly on Thursday and are expected to rally today. It may be recalled here Welspun India has bought 26% stake in Clean Max Thanos.
These Stocks Can Also Jump Today
Similarly, according to the momentum indicator MACD, some banking stocks such as Federal Bank and RBL Bank along with Indiabulls Housing, National Fertilizers may see an uptrend today. Federal Bank is currently available at Rs 138.05, while RBL Bank is available at Rs 176.70. Federal Bank has given excellent returns of 9.96% in the last 5 days and 67.94% in one year to its investors.