Today markets seems to be extremely positive with most of the stocks trading with more than 1% gains. Hindalco Industries (3.8%), Axis Bank (3.1%), UltraTech Cement (2.6%), Bajaj Finance (2.6%), Tata Steel (2.1%), IndusInd Bank (2.1%), State Bank of India (2.1%), Bajaj Finserv (2.0%) and ICICI Bank (2.0%) are trading with more than 2% gains in morning trade. Stocks like Cipla (1.8%), Grasim Industries (1.8%), Maruti Suzuki India (1.7%), Bharti Infratel (1.5%), GAIL India (1.5%), Larsen & Toubro (1.5%) also up. Only Power Grid Corporation of India (-1.0%) and Nestle India (-0.4%) are down more than .4% as of 9:53am. Market is eagerly waiting for the RBI announcement tomorrow.
Good buy is happening in Dr. Reddys Laboratories (55%), UltraTech Cement (23%), Maruti Suzuki India (14%), JSW Steel (14%), Shree Cement (10%), Power Grid Corporation of India (10%) etc and more sell orders in HDFC Bank (-72%), ICICI Bank (-69%), IndusInd Bank (-69%), Housing Development Finance Corporation (-68%), Kotak Mahindra Bank (-64%), Axis Bank (-64%), Reliance Industries (-48%), Tata Motors (-43%), Larsen & Toubro (-29%) etc
Since it is first hour of trading there is no volume gainers as of now and we calculate it based on minute by minute volume. Adani Ports and Special Economic Zone (-40.6%), Hindalco Industries (-66.2%), Reliance Industries (-68.4%) and Tata Steel (-73.4%) trading with more volume compared to other Nifty 50 Stocks.
Many stocks recovered substantially in the first few minutes of trading itself like Hindalco Industries (3.1%), UltraTech Cement (2.3%), Grasim Industries (2.3%), Bajaj Finance (2.0%), Tata Steel (1.9%), Adani Ports and Special Economic Zone (1.8%), Axis Bank (1.8%) etc and some major drops are Bharat Petroleum Corporation (-1.0%), Bharti Infratel (-0.9%), Tech Mahindra (-0.9%), Power Grid Corporation of India (-0.9%), Reliance Industries (-0.9%), Tata Motors (-0.9%) etc.