Stocks to keep an eye on during Tuesday's trading session - Dalal Street Investment Journal

2022-09-23 23:51:58 By : Mr. Kent Wong

The domestic markets have opened in the green, shooting up decently with Sensex gaining 500 points and trading at 59,741.16 level. Meanwhile, Nifty zoomed 191 points and was spotted at the 17,813.85 level. In the early trade on Tuesday, Asian shares traded on a positive note, following a rebound in the final hour of New York trading as investors turned their attention to an expected hefty Federal Reserve interest rate hike this week to tackle inflation

All the stocks in Sensex pack except NTPC were trading higher with Infosys, ICICI Bank, HCL Technologies, Tata Steel, and Tech Mahindra being the top gainers. Among the most active stocks during the opening session were Vodafone Idea, Power Grid Corporation, YES Bank, Ambuja Cements, and Tata Steel. 

Watch out for these stocks for Tuesday's trading session - 

Dixon Technologies - The company has entered into a binding term sheet with Ibahn Illumination Private Limited. Ibahn has agreed to transfer its cutting-edge technologies of smart lighting solutions, including the technology developed by Ibahn, pertaining to BLE Mesh Smart Lighting that provides consumers with a wide range of combination & control as well as work-in-progress technology pertaining to WiFi-based technology solutions for its lighting products. 

Bharat Dynamics - On Monday, the shares of Bharat Dynamics Ltd (BDL) made a new high of Rs 976.35, rallying 6 per cent in the intraday trade, owing to a strong growth outlook. The company expects an order book of Rs 25,000 crore in the next two years. BDL is engaged in the manufacturing of missiles and allied defence equipment. 

Adani Green - Adani Wind Energy MP One Private Ltd, a subsidiary of Adani Green Energy Limited (AGEL) has commissioned a 324.4 MW Wind Power Plant in Dhar (Madhya Pradesh). The plant has two 25-year power purchase agreements (PPAs) with SECI of 274.4 MW and 50 MW at Rs 2.83/kwh. 

The domestic equity benchmarks traded with significant losses on September 23.

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