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The Baseline
27 Sep 2019
Screener: Stocks receiving upgrades from brokerages

The market has been pretty volatile over the last few weeks, despite government efforts to shore up investor sentiment with corporate tax cuts and other announcements. Brokers have largely been conservative with their calls, although some stocks still got multiple broker target price and recommendation upgrades. This stock screener tracks stocks that within the last one month, received upgrades from brokers in either target price, or recommendation, where the analyst moved their call from a SELL or HOLD to a BUY. 

These stocks include FMCG firm Dabur India, and telecom company Bharti Airtel. Airtel has been a source of real caution for investors despite its dominance in the Indian telecom space, due to the high debt on its books. However, management recently announced efforts to cut its debt by half by the end of FY20, to Rs. 500 billion. Share price of the stock has risen since the announcement. For the full stock screener, click here

Nifty 50 closed at 11515.95 (-55.3, -0.5%) , BSE Sensex closed at 38822.57 (-167.2, -0.4%) while the broader Nifty 500 closed at 9396.15 (-47.7, -0.5%)

Market breadth is in the red. Of the 1656 stocks traded today, 537 were gainers and 1038 were losers.

Riding High:

Largecap and midcap gainers today include Vodafone Idea Ltd. (5.80, 11.54%), ABB India Ltd. (1542.00, 5.62%) and Procter & Gamble Hygiene & Healthcare Ltd. (12126.65, 5.37%).

Downers:

Largecap and midcap losers today include Indiabulls Ventures Ltd. (154.75, -16.98%), HEG Ltd. (1023.50, -10.11%) and Piramal Enterprises Ltd. (1722.35, -7.38%).

Crowd Puller Stocks

9 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included S H Kelkar & Company Ltd. (139.15, 7.24%), MOIL Ltd. (143.10, 6.99%) and Infibeam Avenues Ltd. (41.30, 4.16%).

Top high volume losers on BSE were Strides Pharma Science Ltd. (303.70, -7.61%), Coffee Day Enterprises Ltd. (50.55, -4.98%) and Phoenix Mills Ltd. (691.00, -3.36%).

NMDC Ltd. (91.25, 0.39%) was trading at 4.1 times of weekly average. Jagran Prakashan Ltd. (64.00, 0.16%) and Tube Investments of India Ltd. (385.35, -1.77%) were trading with volumes 3.5 and 3.4 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

15 stocks made 52 week highs, while 20 stocks were underachievers and hit their 52 week lows.

Stocks touching their year highs included - Bajaj Finance Ltd. (4068.95, 1.70%), Berger Paints (India) Ltd. (441.20, 1.64%) and Cholamandalam Investment & Finance Company Ltd. (310.60, 0.16%).

Stocks making new 52 weeks lows included - Allahabad Bank (29.70, -1.82%) and Corporation Bank (15.65, -3.99%).

14 stocks climbed above their 200 day SMA including Infibeam Avenues Ltd. (41.30, 4.16%) and Max Financial Services Ltd. (430.55, 3.67%). 15 stocks slipped below their 200 SMA including IDFC Ltd. (36.10, -6.60%) and IndusInd Bank Ltd. (1475.00, -4.72%).

LIVE: Markets flat, Ashish Kacholia team meets with Chalet Hotels
Markets closed lower today -Nifty 50 closed at 11515.95 (-55.3, -0.5%) , BSE Sensex closed at 38822.57 (-167.2, -0.4%) while the broader Nifty 500 closed at 9396.15 (-47.7, -0.5%). Market breadth is in the red. Of the 1656 stocks traded today, 537 were gainers and 1038 were losers.


About 11 lakh shares of Yes Bank changed hands in a block deal
Chalet Hotels management has met with Ashish Kacholia's investment team at Lucky Investment Managers. In the past week, the Kacholia team had also met with AllCargo Logistics.
Markets have turned flat in the afternoon. As of 1:30 pm Nifty 50 was trading at 11541.95 (-29.3, -0.3%), BSE Sensex was trading at 38923.73 (-66.0, -0.2%) while the broader Nifty 500 was trading at 9423.75 (-20.1, -0.2%)
About 43.4 lakh shares of NHPC changed hands in a single block. Share price for the stock is up.
Kolte Patil, Manappuram Finance among top gainers in markets today. 





Based on Religare Finvest's complaint, the Economic Offences Wing has filed a case against Lakshmi Vilas Bank, former Religare promoters Malvinder and Shivinder Singh and others for "criminal breach of trust and conspiracy", as well as misappropriation of funds. 
Nifty 50 was trading at 11539.00 (-32.2, -0.3%) , BSE Sensex was trading at 39070.99 (81.3, 0.2%) while the broader Nifty 500 was trading at 9450.35 (6.6, 0.1%)


Market breadth is in the green. Of the 1378 stocks traded today, 734 showed gains, and 565 showed losses.

Riding High:

Largecap and midcap gainers today include Vodafone Idea Ltd. (5.80, 11.54%), ABB India Ltd. (1542.00, 5.62%) and Procter & Gamble Hygiene & Healthcare Ltd. (12126.65, 5.37%).

Downers:

Largecap and midcap losers today include Indiabulls Ventures Ltd. (154.75, -16.98%), HEG Ltd. (1023.50, -10.11%) and Piramal Enterprises Ltd. (1722.35, -7.38%).

Crowd Puller Stocks

9 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included S H Kelkar & Company Ltd. (139.15, 7.24%), MOIL Ltd. (143.10, 6.99%) and Infibeam Avenues Ltd. (41.30, 4.16%).

Top high volume losers on BSE were Strides Pharma Science Ltd. (303.70, -7.61%), Coffee Day Enterprises Ltd. (50.55, -4.98%) and Phoenix Mills Ltd. (691.00, -3.36%).

NMDC Ltd. (91.25, 0.39%) was trading at 4.1 times of weekly average. Jagran Prakashan Ltd. (64.00, 0.16%) and Tube Investments of India Ltd. (385.35, -1.77%) were trading with volumes 3.5 and 3.4 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

15 stocks made 52 week highs, while 20 stocks were underachievers and hit their 52 week lows.

Stocks touching their year highs included - Bajaj Finance Ltd. (4068.95, 1.70%), Berger Paints (India) Ltd. (441.20, 1.64%) and Cholamandalam Investment & Finance Company Ltd. (310.60, 0.16%).

Stocks making new 52 weeks lows included - Allahabad Bank (29.70, -1.82%) and Corporation Bank (15.65, -3.99%).

14 stocks climbed above their 200 day SMA including Infibeam Avenues Ltd. (41.30, 4.16%) and Max Financial Services Ltd. (430.55, 3.67%). 15 stocks slipped below their 200 SMA including IDFC Ltd. (36.10, -6.60%) and IndusInd Bank Ltd. (1475.00, -4.72%).
LIVE: Markets jump, Muthoot Finance to raise Rs. 1000 crore
The market closed on an upbeat note. Nifty 50 closed at 11577.95 (137.8, 1.2%) , BSE Sensex closed at 38989.74 (396.2, 1.0%) while the broader Nifty 500 closed at 9448.45 (104.3, 1.1%). Market breadth is in the green. Of the 1653 stocks traded today, 865 were on the uptrend, and 705 went down


Muthoot Finance announced a plan to raise Rs 1000 crores via NCDs.
As of 1:30 pm: Nifty 50 was trading at 11538.00 (97.8, 0.9%) , BSE Sensex was trading at 38841.69 (248.2, 0.6%) while the broader Nifty 500 was trading at 9417.95 (0.79%).
CFO of Camson Bio Tech resigns.
Gravita India gets a downgrade from Brickwork Ratings, from BWR A to BWR A- for long-term credit and BWR A2+ to BWR A2 for short term credit
YES Bank share prices fall and hit fresh 52 week lows after the bank said Reserve Bank of India’s (RBI) approval  is pending for increasing the bank's authorised share capital.
ICICI Bank, Kotak Bank among stocks hitting fresh 52 week highs today. 
Interglobe Aviation is up as Morgan Stanley turns sharply bullish on the airline. Price target by Morgan Stanley analysts is Rs. 2,261.
Upbeat trading today, as Nifty 50 was trading at 11517.10 (76.9, 0.7%) , BSE Sensex was trading at 38931.81 (338.3, 0.9%) while the broader Nifty 500 was trading at 9401.35 (57.2, 0.6%). Market breadth is surging up. Of the 1376 stocks traded today, 893 were on the uptick, and 405 were down.


Riding High:

Largecap and midcap gainers today include Godrej Properties Ltd. (1094.65, 8.11%), Hindustan Petroleum Corporation Ltd. (305.10, 6.90%) and Vedanta Ltd. (166.75, 6.75%).

Downers:

Largecap and midcap losers today include YES Bank Ltd. (50.80, -5.40%), Jubilant Foodworks Ltd. (1397.40, -3.60%) and ABB India Ltd. (1488.00, -3.35%).

Movers and Shakers

17 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included Adani Green Energy Ltd. (59.55, 13.32%), Sudarshan Chemical Industries Ltd. (379.00, 6.28%) and Hindustan Zinc Ltd. (213.35, 5.80%).

Top high volume losers on BSE were APL Apollo Tubes Ltd. (1360.00, -2.26%), Emami Ltd. (324.65, -1.56%) and FDC Ltd. (174.50, -0.26%).

Varroc Engineering Ltd. (464.00, 2.21%) was trading at 11.7 times of weekly average. Bharat Dynamics Ltd. (313.15, 0.82%) and Advanced Enzyme Technologies Ltd. (168.20, 3.86%) were trading with volumes 8.2 and 8.0 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

21 stocks took off, crossing 52 week highs, while 13 stocks were underachievers and hit their 52 week lows.

Stocks touching their year highs included - Abbott India Ltd. (10918.00, 2.71%), Akzo Nobel India Ltd. (2019.95, 5.38%) and Berger Paints (India) Ltd. (439.15, 3.61%).

Stocks making new 52 weeks lows included - Cipla Ltd. (440.10, 1.27%) and Corporation Bank (16.30, 1.24%).

21 stocks climbed above their 200 day SMA including Engineers India Ltd. (117.90, 7.28%) and Fortis Healthcare Ltd. (136.95, 4.98%). 16 stocks slipped below their 200 SMA including Firstsource Solutions Ltd. (48.10, -4.18%) and Gujarat Pipavav Port Ltd. (82.35, -3.29%).