Key indices are trading sideways with small gains in morning trade. The Nifty hovered below the 15,250 mark. At 10:28 IST, the barometer index, the S&P BSE Sensex, was up 27.12 points or 0.05% at 51,730.07. The Nifty 50 index gained 21.35 points or 0.14% at 15,230.35. PSU bank stocks are trading with sharp gains.
The broader market outperformed the benchmark indices. The S&P BSE Mid-Cap index rose 0.92% while the S&P BSE Small-Cap index gained 1.15%.
The market breadth, indicating the overall health of the market, was strong. On the BSE, 1649 shares rose and 830 shares fell. A total of 131 shares were unchanged.
COVID-19 Update:
Total COVID-19 confirmed cases worldwide stood at 109,885,555 with 2,429,669 deaths. India reported 137,342 active cases of COVID-19 infection and 156,014 deaths while 106,56,845 patients have been discharged, according to the data from the Ministry of Health and Family Welfare, Government of India.
Stocks in news: GAIL, Jubilant FoodWorks, Jindal Stainless, Bharti Airtel, Shree Cement
Stocks to watch today on February 18: GAIL, Jubilant FoodWorks, Jindal Stainless, Bharti Airtel, Shree Cement among others are the top stocks to watch out for in Thursday s trading session
BusinessToday.In | February 18, 2021 | Updated 09:40 IST
Stocks to watch today on February 18
Stocks to watch today: Here is a list of top stocks that are likely to be in focus in Thursday s trading session based on latest developments.
GAIL : Share buyback offer will open on February 25 and close on March 10.
Jubilant FoodWorks : The company appointed Ashish Goenka as CFO. Earlier he was with Bharti Airtel as Executive VP.
Yashika Keswani has always been fascinated by the burgeoning consumer product industry.
“I have seen my father and grandfather working hard on different consumer and B2B products, including core manufacturing setups. After completing my MBA in 2015, running business has always been on my mind. Mumbai gave a lot of opportunities and talent, which helped me to kickstart my own FMCG venture and take it to the next level,” she says.
Yashika Keshwani - Co-founder, Coolberg
Along with her husband Pankaj Aswani, she launched CoolBerg, which offers a range of non-alcoholic beers, in 2016.
“We realised that the soft drink industry was in dire need of new options, which are refreshing and can tango with Indian youth. Millennials have been drinking the same cola drinks from their school days. We felt consumers were looking for drinks that just do not curb the thirst or cravings but are also part of their lifestyle. That is how we conceptualised flavourful non-alcoholic beers wi