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Monday At Market: Watch Out For GMR Airports, RVNL Today
Last week the stock market closed on a positive note. Both BSE and NSE jumped to close on a gain. As the new trading week starts today, experts are keeping a close watch.
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The Indian stock markets closed on a positive note last week. Both BSE and NSE saw significant gains to close on the green mark. The NSE nifty was up by 178.20 points and closed at 18,499.35, while the BSE Sensex was up by 629.07 points and closed at 62,501.69. The new trading week starts today and experts say it is important to keep a watch.
The Big Gainers
Here is a look at the big gainers on Friday. These included Mazda, Voltamp Transformers, Essar Shipping and Borosil Renewables.
Mazda jumped by 20 per cent and is trading at Rs 915.10. In the last five days, it has gained 21.21 per cent. Voltamp Transformers was up by 14.68 per cent and is available at Rs 3,874. In the last one month, it has jumped 28.05 per cent.
Essar Shipping gained 12.64 per cent and is trading at Rs 9.80. In the last five days, it has jumped by 12 per cent. Borosil Renewables jumped 6.08 per cent and is trading at Rs 513. The 52 week high of this stock is Rs 710.
Bullish Trend In These Stocks
According to the momentum indicator MACD, there are some stocks which are showing a bullish trend. These include National Aluminium Company, Hindustan Construction Company, GMR Airports Infrastructure, and Rail Vikas Nigam.
National Aluminium Company has gained 5.03 per cent and is available at Rs 84.60, while Hindustan Construction Company is up by 2.59 per cent and is trading at Rs 17.80.
GMR Airports Infrastructure is trading at Rs 45.05 following a jump of 0.22 per cent. Rail Vikas Nigam gained 1.13 per cent and is trading at Rs 116.15.