Kaynes Technology. InCred has downgraded this stock to 'HOLD' due to a significant run-up in the stock price & unfavourable risk-reward. InCred suggested a target of Rs 3,120 on the scrip.
Jai Balaji Industries shares climbed 999 per cent to close at Rs 600.10 on Friday compared with Rs 54.60 on December 30, 2022, joining the billion dollar club. This iron & steel sector company commanded a m-cap of $1.15 billion
Sectorally, buying was seen in capital goods, IT, consumer durables, auto, and bank stocks while power, utilities, healthcare, and telecom stocks witnessed selling pressure
MSCI Inc on Thursday, reduced the weightage of 15 Nifty50 stocks as part of its May global index review. Two Adani stocks excluded from Standard Index. Watch this Visual Story to check inclusions, top gainers and top losers.