2024-01-07 15:46:49
IT companies, capital goods, and telecom sectors have seen significant gains in the Indian stock market recently. In Friday’s close on the BSE, 2,181 stocks advanced while 1,659 stocks declined. The early decline rate supported advances, indicating positive movement in the market.
Investors are advised to watch out for certain stocks in Monday’s trading session, as they have shown significant potential for growth.
Alok Industries Ltd has seen an enthusiastic response from investors, with stock prices temporarily locked in a 20 percent upper circuit. The company is engaged in textile manufacturing, repair and packing activities, as well as the manufacturing of leather and other apparel products.
Mirza International Ltd emerged as one of the top gainers, ending the trading session with a remarkable 19 percent gain. The company specializes in the manufacture and export of finished leather and footwear, as well as engaging in trading activities involving footwear, apparel, and allied products.
Subex Ltd also saw a significant rise of over 14 percent, hitting a new 52-week high of Rs 39.85 per share on the BSE. The company focuses on ensuring privacy, security, risk mitigation, predictability, and trust in data, particularly in the telecom sector.
Investors should note that this article is for informational purposes only and is not intended as investment advice. It is always recommended to seek professional financial advice before making any investment decisions.
Overall, the Indian stock market is showing positive signs, with certain sectors and companies demonstrating strong potential for growth. Investors should keep a close eye on these developments in the coming trading sessions.
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