As the final market day of FY23-24 concluded, Indian markets experienced one of their best years, with the Nifty ranking among the top-performing markets in Asia, yielding nearly 29% USD return (second only to Japan). Conversely, China and Hong Kong faced significant underperformance.
The Canadian market is modestly higher around noon on Monday, led by gains in energy and technology sectors. A few stocks from the financial section are also up in positive territory.
The domestic equity market closed lower for the third straight session on Friday. Sensex slipped 231 points to end the session at 65,397 and Nifty lost 82 points to settle at 19,542. Here s a look at stocks that are likely to remain in focus this week.
Top stocks to watch: Hindustan Aeronautics Ltd (HAL), Nazara Technologies, Indian Energy Exchange (IEX), Timken India, HealthCare Global Enterprises, BCL Industries, Yug Decor, Glenmark Life Sciences, Jubilant FoodWorks and Sheela Foam shares will be in focus on Thursday (October 5).
After refusing to leave the party when nifty and senex correct for the last few weeks, small cap stocks suffered jolt early this week. What was striking was the fact that market breadth which was holding tumbled, with more than 90 percent small cap stocks declining in that session. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market.