Market Update:
The benchmark indices were trading higher on Monday following the global cues. In the earlier trade RIL, 5paisa, Tech Mahindra, Clariant Chem and Infosys were the stocks in news and the stocks in high action.
1)Reliance(RIL)
The stock was up by nearly 3% and also reaching the record high in the early trade session on Monday. The stock hit the 52-Week high mark with the share price at Rs 1947.70 from the previous close at 1,878.05 after Qualcomm invested Rs 730 Crore in Jio Platforms.
2) 5Paisa Capita
The stock price was consecutively on the record high on Monday as well surging by 10% ahead of its quarterly results. The previous close was at 281.60 after which the stock surged by 10% reaching the day’s high at 309.75.
3) Clariant Chem
The stock jumped 18% on Monday also hitting the record 52-Week high of 575.00. The share price was up by around 85 points after the previous close of 484.65.
4) Tech Mahindra
Tech Mahindra being the top gainer of Nifty on market opening was up and contributing to stronger figures to the benchmark indices. At 11:55 IST the stock price was at 590.70 up by nearly 4% after reaching the day’s high at 594.00 on Monday.
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