Shares to Watch Out For on Tuesday: Fairness benchmark index Sensex tumbled practically 500 factors on Monday as buyers offloaded finance, banking and vitality shares amid escalating tensions within the Center East and surging crude oil costs abroad.
Traders stayed on the sidelines and shunned taking dangers amid uncertainty because of the Israel-Hamas battle, analysts mentioned.
The 30-share BSE Sensex fell 483.24 factors or 0.73 per cent to settle at 65,512.39. The Nifty declined 141.15 factors or 0.72 per cent to finish at 19,512.35.
Solely three Sensex shares settled within the inexperienced, whereas the Nifty-50 noticed its 43 scrips closing within the purple.
Amid a decline in markets, ZeeBiz takes you thru a listing of shares that may be within the limelight on Tuesday (October 10).
Oil shares
Oil shares rallied on the elevated costs on Monday. Whereas Oil India ended at over 5 per cent, ONGC additionally ended the buying and selling session in a constructive territory.
Nonetheless, it but to seen if the battle between Israel and extremist group, Hamas, within the Center East area influence
Realty shares
ANAROCK in a report on Monday mentioned that it had discovered that the Nationwide Capital Area (NCR), the Mumbai Metropolitan Area (MM), Bengaluru, Pune, Hyderabad, Chennai and Kolkata noticed the launch of about 31,180 luxurious tasks within the July-September interval, which is 27 per cent of the full 1,16,220 actual property tasks throughout this era.
Amid such a report, shares akin to DLF, Macrotech Devs, Godrej Properties, and Oberoi Realty will likely be on focus throughout buying and selling hours on .
Hero MotoCorp
On a day when it was reported that the Delhi Police has registered a FIR towards Hero MotoCorp chairman Pawan Munjal, BSE on Monday sought clarification from the automaker relating to the identical information.
The corporate’s shares had been down 2.50 per cent at shut on Monday.
GM Breweries
GM Breweries will announce its quarterly outcomes on Tuesday. The corporate’s shares hit a 52-week excessive of Rs 805.30 every on Monday. The inventory closed larger by 1.48 per cent, or Rs 11.55, at Rs 792.50.
Dhampur Bio Organics
Dhampur Bio Organics mentioned on Monday that it had determined to maintain on maintain the set up of Greenfield distillery at Unit Meerganj.
“The venture was anticipated to be operational by July 2025, as accredited within the final Board assembly held on July 25, 2023, the corporate mentioned in its submitting. The corporate on Monday additionally introduced its unaudited (standalone and consolidated) monetary outcomes for the quarter and half 12 months ended September 30, 2023.
Dhanuka Agritech
Dhanuka Agritech launched an insecticide product referred to as Semacia on Monday.
The corporate mentioned that Semacia is a broad-spectrum insecticide, with wonderful efficacy towards lepidopteran insect pests on a spread of corps.
Insecticide can be utilized with the mix of Chloratranilprole (10%)+on a spread of crops. It has Lambdacyhalothrin (5%) ZC. The product is for the home market.