During the most recent market session, both the Sensex and Nifty wrapped up the day with modest decreases, as the Sensex dipped by 0.35%, and the Nifty saw a 0.42% decline. In the same session, the Nifty Midcap index displayed a substantial 1.13% decline, while the Nifty Smallcap index experienced a milder decrease of 0.79%.
In terms of sector performance, there were no significant positive movements, and sectors such as Nifty PSU Bank, Nifty Metal, and Nifty FMCG grappled with losses.
Dhunseri Investments Limited is a registered Investment Company recognized by the Reserve Bank of India as a Non-Banking Financial Company (NBFC). On Friday, shares of Dhunseri Investment surged by 20% and reached its upper circuit limit of Rs 1,006.05. Moreover, the stock traded at its 52-week high and had a spurt in volume by more than 14.56 times.
Indo Rama Synthetics (India) Ltd specializes in the production of polyester products, including Polyester Staple Fibre and Partially Oriented Yarn. On Friday, shares of Indo Rama Synthetics (India) Ltd surged over 8% and made an intraday high of Rs 60.32. Additionally, the scrip had a spurt in volume by more than 6.96 times.
Alok Industries is a textile company that operates in both the cotton and polyester sectors. The company is involved in textile manufacturing, which encompasses mending and packing operations, as well as the production of leather and other apparel items. On Friday, shares of Alok Industries plunged over 3% and closed at Rs 19.39 apiece. Moreover, the company is planning to announce their Q2FY24 results on Monday, October 23, 2023.
Sportking India Limited, a subsidiary of the Sportking Group, is a textile manufacturing firm specializing in the production of various types of yarn (including cotton, synthetic, and blended yarn), fabrics, and garments. On Friday, shares of Sportking India Ltd surged over 1% and made an intraday high of Rs 848.40. Moreover, the company is going to announce their Q2FY24 results on Saturday, October 21, 2023.
JSW Ispat Special Products Ltd which is a part of the JSW Group is engaged in the manufacturing and marketing of sponge iron, steel and ferro alloys, along with billets and pellets. It was incorporated in 1990. On Friday, shares of the company surged over 2% and made an intraday high of Rs 39.13.
Investors should keep a close eye on these trending stocks
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
Published on: Oct 20, 2023, 6:48 PM IST
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