Stocks that should be on your watchlist on Monday, December 6, 2021

#BSE #Nifty #NSE

Sensex fell 764.83 points or 1.31% to 57,696.46 while Nifty was down by 204.95 points or 1.18% to 17,196.70
There were 4 stocks advancing against 26 stocks declining on the bse sensex
There were 12 stocks advancing against 28 stocks declining on the nse nifty

Written By:Yash

Updated: December 05 2021 05:37:04 AM ET

On the last day of the week, after a higher opening, the benchmarks indices failed to sustain the higher level and showed profit booking with Sensex settling at 57,696.46 level whereas Nifty ending at 17,196.70.

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However, global equities traded with slight gains recovering from the previous trading session’s broad-based sell-off due to fears on new covid variant and the Fed chair’s comment on the bond-buying program.

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The Sensex fell 764.83 points or 1.31% to 57,696.46 and the Nifty was down by 204.95 points or 1.18% to 17,196.70. The Sensex touched high and low of 58,757.09 and 57,640.57, respectively and there were 4 stocks advancing against 26 stocks declining on the index while the Nifty traded in a range of 17,489.80 and 17,180.80 and there were 12 stocks advancing against 28 stocks declining on the index.

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Power Grid Corporation, Reliance Industries, Tech Mahindra, Asian Paints, and Kotak Mahindra Bank were among the major Nifty losers. The gainers included UPL, BPCL, ONGC, IOC, and L&T.

Ramco Systems, HCC, and Aurum Proptech were locked in the upper circuit in the last trading session of the week. While AUBANK, ENDURANCE, MAHLOG, and NATCOPHARM recovered from their lows.

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Neogen Chemicals, De Nora India, JBM Auto, Precision Camshafts, Gujarat Fluorochemicals, Inox Wind, and Elgi Equipment made a fresh 52-week high today.

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Vodafone Idea witnessed good movement in the latter part of the trading session. La Opala RG volume activity was quite profound throughout the day.

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The stock of KEI Industries has made its way into the list as it closed above the 20-day high while its volumes are higher in the last 20 days.

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Polyplex has made its way into the list as it closed above the 20-day high while its volumes are also higher in the last 20 days.

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The stock of Larsen & Turbo traded quite volatile in Friday’s trading session. After gaining up to 2.43% in the initial hour of the trading session, it gradually descended to end the week 0.6% higher. The company has entered into a distribution agreement with Kemroc, a global manufacturer of attachments for excavators and backhoe loaders, that will facilitate Kemroc products to be distributed and promoted in the Indian market by L&T.

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The stock of Hindustan Zinc has gained decently 4.31% in Friday’s trading session. The stock traded with a decent spurt in volumes and also has given a positive breakout indicated by RSI on the charts.

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