Sensex Rises Over 100 Pts, Nifty Above 25,200; Maruti, Tata Steel Jump Up To 2% | Opening Bell - video Dailymotion

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00:00And to the market open, lots of gold, that's, you know, really been the trending asset class.

00:08So the Nifty, of course, it seems like we're headed in for once again, a very, very quiet start.

00:13And flat for the Nifty, that's where it settled at in the pre-open trades.

00:17Let's see which way we actually head in terms of various sector movers.

00:21Yesterday, of course, it was all about the Adani names on one hand and IT on the other.

00:26It was a bit of a tug of war that was playing out.

00:28Although not really an Apple to Apple comparison, given the IT weightage is much higher than the Adani pool of stocks.

00:34But nonetheless, you know, some of those benchmark heavyweights as well did not really do anything in trade yesterday.

00:41But let's see whether the picture changes any much today or not.

00:46You've got the Nifty 50 still pretty quiet.

00:4925,240 is where we're currently at for the Nifty.

00:54Let's get stock specific.

00:55Let's see what the Nifty IT index firstly is up to and whether there is a continuation of the sourd sell event there or not.

01:02Nifty IT, a little bit of stability actually, 35,549.

01:07And it's not in the red, it's just marginally in the green.

01:11So at least the selling seems to have obeyed it for now.

01:13And that's what you can see for TCS, for AHA Technologies and the entire gamut of, you know, stocks over there.

01:22Other than that, of course, you know, like we've been pointing out, a lot of stocks which are in the news this morning.

01:28And the day one of festive sales has augured very well for the likes of Hyundai, for Maruti.

01:34We were chatting about the DGDR proposition on anti-dumping duty on Chinese cranes.

01:40Sangli, Ace Construction, look out for that.

01:43ABB India, CG Power, Siemens, TD Power Systems, LG Equipment.

01:48They've also proposed an ADD on Chinese electrical steel for the next five years.

01:55So these stocks also stand to be a little sensitive to that.

01:59There's, of course, KEC International.

02:00It's bagged multiple orders worth about 32, 43 odd crore rupees for global power projects.

02:06And J.K. Lakshmi Cement, which from 16.5 NTPA has now raised its total capacity to 18.

02:12KEC, by the way, has gapped up in trade.

02:15It's a 6.5% move that you're seeing on that stock.

02:17And J.K. Lakshmi Cement is holding out very well.

02:20There you go.

02:21KEC, up now, almost counting down to a 7% move on that stock.

02:26Brigade, the JD in Bangalore for residential project on 7.5 acres.

02:32And Alcom Labs, given that they've launched a cancer buy similar here in India.

02:37So these are stocks which are also in focus.

02:40KFintech, Tata Investment, Vedanta, neutral to negative news flow on these stocks.

02:45So look out for what they also do in a trade.

02:50Other than that, of course, you know, there's GE shipping, FCI.

02:53Remember, these stocks have been holding up from building ships to hiring them for transportation.

02:59That's the new government focus area is the shipbuilding stocks, which, of course, are in focus because of that.

03:07Other than that, there is, of course, the coal financiers.

03:12Let's check in on those.

03:13What the likes of Mutut and Mannapuram are up to.

03:16We were just chatting about whether or not you're going to see traction there.

03:20So, mildly higher for both Mutut and Mannapuram.

03:23They're not really seeing much of traction.

03:25I think the big gainer today is the auto pack.

03:29So, B. Datata Motors, Hero Motor Corp, that's where you're seeing the big moves coming in.

03:34Maruti, Hyundai, given that they did account for positive day one Navratri sales come by post the GST implementation.

03:44Hero Motor Corp, Maruti.

03:45Maruti is your big winner today.

03:463% of the move coming in on Maruti.

03:49And even Hyundai holding up and almost counting down to that 3% gain mark.

03:53So, that's not looking all that bad.

03:56The big move today is actually in IT.

03:58Look at the rebound that's actually playing out.

04:02You know, in forces, 1% higher.

04:05We're seeing similar moves on a TCS, on an HCL technology.

04:09The selling seems to have abated early days yet.

04:12I don't know whether this little bit of a strength is going to get sold off into the pro half a percent higher.

04:18But let's see where these stocks actually settle down in trade.

04:22And I can see green picks and sizable ones at that, even on an M&M as well as Aisha, they as well have held out quite smartly in trade.

04:32Sushi, anything else that is important?

04:34No, Aisha, I believe that it's only a day of autos yet again coming in because it's not just some of these OEMs that are buzzing along with that.

04:42Select auto ancillary companies are also buzzing.

04:45Just yesterday, we spoke with the management of Fiat.

04:47They are sounding very positive on the demand going ahead.

04:50Almost a 2% jump coming in on this counter.

04:53Even some of these counters like Minda Corp, they are also holding on to the gains of 1%.

04:58SupraJet Engineering, Bosch, these are your big movers in today's trading session.

05:03Tree Cement, of course, is one of the other candidates wherein brokerage note has come in.

05:07That stock is also holding higher by almost 1%.

05:11Select Radani group of counters.

05:12There we are seeing a bit of a profit booking kicking in.

05:15Within paints, there's continued selling pressure, cancine, arulac as well as Asian paints.

05:22They are down in the trades right now.

05:26A bit of a profit booking is what we are getting to see in some of the other cement counters as well

05:31because Ultratech Cement particularly is down over a percent.

05:34But nothing much on the index front because as of now, Nifty 50 is absolutely flat and so is Nifty Bank.

05:42But the good part is they are still holding on to that shade of green.

05:45But Kunal, what is your take on this?

Sensex Rises Over 100 Pts, Nifty Above 25,200; Maruti, Tata Steel Jump Up To 2% | Opening Bell

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