Overnight Digest: Stocks to keep an eye on April 12!

Overnight Digest: Stocks to keep an eye on April 12!

Watch out for these large-cap stocks in Wednesday’s trading session!

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Metal, power and banking sector stocks helped Indian benchmark indices close the session higher, while BSE information technology emerged as the worst performing sector, losing about 1 per cent. The BSE Sensex gained 0.52 per cent to 60,157 level at the close. The Nifty 50 index surged 0.56 per cent to a level of 17,722.   

Watch out for these Large-Cap stocks in Wednesday’s trading session - 

Kotak Mahindra Bank - Shares of Kotak Mahindra Bank ended the session more than 5 per cent higher, making them the top Sensex gainer. The BSE Bankex index was also boosted by significant gains in a number of banking stocks, including Bank of Baroda and AU Small Finance Bank. 

Tata Steel - Shares of Tata Steel experienced significant buying and surged more than 2 per cent. The company reported that Tata Steel India has achieved highest ever annual crude steel production of nearly 19.9 million tons, with a growth of 4 per cent year-on-year.  

Adani Transmission - Shares of Adani Transmission were locked at 5 per cent upper circuits, leading the gains in the BSE Power index. Shares rallied as the Adani group denied a news story published by The Ken alleging that the business had not repaid its $2.15 billion debt.