Hindustan Copper s stock prices soared by 118% in the last five months and delivered multibagger return of 215% in a year. The company benefits from the global copper price surge and increased demand from various sectors in India, including renewable energy and electric vehicles.
The derivative lot size for 42 stocks will be decreased, effective from April 26 for expiries in May 2024 and beyond. Key stocks impacted include Adani Ports, Bharti Airtel, BHEL, SBI, and L&T.
Sentiments turn negative on Wednesday after the mixed performance in the previous session, as the focus shifts to some key Main Street data. Traders may prefer to move to the sidelines to see off some key economic catalysts due for the week. Earnings news for the day has been mixed, although some weak retail earnings could dent market mood.