Kolkata: On Tuesday, December 24 the Indian stock market indices opened in the positive territory. Though the degree of investor interest was more muted compared to December 23, it did not slip into the red till sometime after midday. Sensex was trading at 78,616.57, up 76.40 points (or 0.097%) while Nifty was trading at 23,780.35, up 26.90 points (or 0.11%).
The stocks which were trending just after midday were Tata Investment Corporation Ltd (NSE: TATAINVEST), Interglobe Aviation Ltd (NSE: INDIGO), Sagility India Ltd (NSE: SAGILITY), Siemens AG (ETR: SIE) and India Ltd (NSE: AMBER).
Tata Investment Corporation share price
This share was trading at Rs 7,117.20, up 589.95 (or 9.04%). Initially, Tata Investment Corporation jumped 11.60% to Rs 7289.5 around 11:47 am. On BSE, against average daily volume of 5012, as many as 78,245 shares were recorded being traded before midday. According to reports, the shares surged after the Tata group began working towards a Rs 15,000-crore IPO of Tata Capital, which is its flagship financial services arm.
Interglobe Aviation share news
Interglobe Aviation Ltd is more popularly known as Indigo since this company owns and operates India’s largest airline Indigo. It was trading at Rs 4,608.60, up Rs 168.65 (or 3.80%). Investors were reacting to the news that Elara Capital had upgraded the Interglobe Aviation stock to ‘Buy’ category.
Sagility India share price
The shares of Sagility India Ltd were trading at Rs 48.93 INR, up Rs 2.33 (or 5.00%). According to reports, it jumped 5% in early hours of trading and hit the upper circuit at Rs 48.91 on BSE. It also touched a high since it was listed in November 2024. Analyst pointed out that US-based global brokerage MNC JP Morgan assigned an ‘overweight’ to it. It emphasised Sagility’s strong fundamentals and pointed to 18% CAGR in adjusted earnings over FY24-27E.
Amber Enterprises share price
This stock was trading at Rs 7,428.00, up Rs 520.20 (or 7.53%). Reports said the stock was reacting to a demerger move and a possible IPO of the electronics division after demerger. MNCs such as Goldman Sachs, Citigroup Global Markets and four other entities picked up shares of Amber Enterprises worth Rs 210 crore in open market transaction.
Siemens share price
This prominent German company which is a key brand in capital goods sector reportedly witnessed a decline of 3.19% on Tuesday. It has been on a decline, underperforming the sector. Reports stated that in the past 6 days, the stock has suffered an erosion of 16.31% in returns.
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Stocks in Focus today: Amid overall lukewarm investor interest in the markets as reflected in Sensex and Nifty, the trending stocks on December 24 include Tata Investment, Indigo, Sagility, Siemens and Amber Enterprises. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
