Stock Market Updates: Market open, Top 5 Shares on which investors will be eyeing

Stock Market Updates: Market open, Top 5 Shares on which investors will be eyeing

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Sensex was trading at a level of 61,112.21 points with a decline of 207.3 points, or 0.34 per cent. Nifty was trading at a level of 17,941.90 points with a loss of 93.95 points i.e. 0.52 per cent.

Amidst the weak sentiment in the global markets, the domestic stock market witnessed a downward trend on Friday. Sensex was trading at a level of 61,112.21 points with a decline of 207.3 points, or 0.34 per cent. Nifty was trading at a level of 17,941.90 points with a loss of 93.95 points i.e. 0.52 per cent. The stocks of ULTRACEMCO, GRASIM, BPCL, LT, HEROMOTOCO are in green color i.e. in growth, while big stocks like NESTLEIND, ADANIENT, SBILIFE, APOLLOHOSP, WIPRO are seen in red color i.e. showing signs of decline. Nifty IT and Nifty Bank were trading on weakness. Today i.e. on 17 February 2023, some stocks are ready to show action in a volatile market. These stocks can remain in focus in the market today. If you are looking for better stocks in intraday then you can keep an eye on these.

HDFC

The company closed the sale of 10-year non-convertible debentures for Rs 25,000 crore. This is the largest ever domestic rupee bond paper issued by a company in India. HDFC’s bond has an annual coupon or the interest rate paid by investors from time to time is 7.97 per cent.

Ambuja Cements

The company was selected as the ‘preferred bidder’ for the Uskalvagu limestone block in Odisha. Along with its subsidiary ACC, the company has a capacity of 67.5 million tonnes, with 14 integrated cement manufacturing plants and 16 cement grinding units across the country.

RailTel Corporation

The company has bagged an order worth Rs 27.07 crore from Bangalore Metro Rail Corporation for supply, installation, testing and commissioning of IT infra. Apart from this, the company has also got a maintenance contract of Rs 6.22 crore for 5 years, which can be extended up to 10 years.

Hindustan Aeronautics

The company received Indian Technical Standards Order (ITSO) approval from the Directorate General of Civil Aviation for indigenously developed ‘Cockpit Voice Recorder’ (CVR) and ‘Flight Data Recorder’ (FDR).

Hindustan Zinc

Chief executive officer Arun Mishra said the company plans to approach the mines ministry to sort out differences over acquisition of overseas assets of holding company Vedanta Ltd.

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