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Stocks that should be on your watchlist on Tuesday, February 8, 2022

  • Sensex fell 1023.63 points or 1.75% to 57,621.19 and Nifty was down by 302.70 points or 1.73% to 17,213.60
  • There were 5 stocks advancing against 25 stocks declining on NSE Nifty
  • There were 8 stocks advancing against 42 stocks declining on BSE Sensex

Written by:Yash
Published: February 07, 2022 06:04:57

Sensex fell 1023.63 points or 1.75% to 57,621.19 and Nifty was down by 302.70 points or 1.73% to 17,213.60 in the previous session. Sensex touched high and low of 58,707.76 and 57,299.05, respectively. There were 5 stocks advancing against 25 stocks declining on the index while Nifty traded in a range of 17,536.75 and 17,119.40 and there were 8 stocks advancing against 42 stocks declining on the index.  

Madhya Bharat Agro Products, The Ugar Sugar Works, Bombay Super Hybrid, Krishana Phoschem, Mahalaxmi Rubtech, Nahar Industrial Enterprises, Nitin Spinners, AMD Industries, Himadri Speciality Chemical and VRL Logistics have made fresh 52 weeks high on Monday.

Brightcom Group has announced the signing of a Letter of Intent (LOI) to acquire all the assets of a US-based digital audio firm that owns and operates multiple assets. The company is an integrated digital platform offering several programmed radio stations, various digital brands and digital marketing services in many markets in the US.

Asian Hotels (West) Limited, Gillette India Limited, Garware Hi-Tech Films Limited, HDFC Life Insurance Company Limited, and Jubilant Pharmova Limited have hit a 52-week low on Monday.

Revolt Motors, India’s market leader in electric bikes which is backed by RattanIndia Enterprises has recently announced the expansion of its retail presence in Uttar Pradesh.

BANKBARODA, IDEA, VISESHINFO, RPOWER, YESBANK, PNB, SUZLON, UNIONBANK, JPPOWER, and SBIN were the most active equities on NSE.

Sonata Software has announced that it has partnered with Microsoft in its launch of ‘Microsoft Cloud for Retail’, further strengthening its offerings to the retail industry.

Indbank Merchant Banking Services Limited, Shankara Building Products Limited, Maan Aluminium Limited, Times Guaranty Limited, and Archies Limited were the top volume gainers.

Larsen & Toubro (L&T) and Microsoft India, announced the signing of a Memorandum of Understanding (MoU) to develop a regulated sector-focused cloud offering to empower customers with the best-of-breed cloud computing and infrastructure services.

AARVI, AMDIND, ANSALAPI, ARCHIES, and ARSHIYA hit the upper price band while 21STCENMGM, 63MOONS, AAKASH, ADROITINFO, and AHLWEST hit the lower price band. There were 137 securities that hit the upper band while 110 hit the lower band on February 7, 2022.

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