The shares of Texmaco Rail & Engineering Ltd ended 2.6% higher on Tuesday, November 21, in the green for third straight session. The shares of the company have now gained in seven out of the last 10 trading sessions. Sources in the dealing room tell CNBC-TV18 that the company is likely to raise funds via QIP soon.

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Sensex, Nifty 50 End Higher Backed By Institutional Interest

Indian equity benchmarks BSE Sensex and NSE Nifty 50 ended in the green on Tuesday, but off intraday highs. According to dealers, the indices were backed by institutional interest. There was positive flow at the FII desk today. Small market-on-close order basket buying today.

The real estate stocks were buzzing in trade today. Select mid-caps outperform in the session. Nifty resistance is now around 19,800-19,850 on upside.

Besides Texmaco Rail, these stocks made it to the dealing room chatter:

PG Electroplast Ltd: The shares of PG Electroplast settled 2.5% higher on Tuesday, after hitting a 52-week high of ₹2,412 apiece earlier in the session. Dealers tell CNBC-TV18 that selling pressure from a leading private equity investor largely over. A leading domestic mutual fund is an active buyer.

Chambal Fertilisers and Chemicals Ltd: The shares of the company ended 1.6% higher in the session today. The shares have now gained in seven out of the last 10 trading sessions. According to the sources in dealing room, the stock was buzzing on buy flows at the FII desk today.

Fortis Healthcare Ltd: The shares ended close to 3%, not far from its 52-week high of ₹371.3 apiece hit earlier in the session. The stock has gained in seven out of the 10 trading sessions. The stock has been consolidating in a range. According to dealers, few HNI investors are active buyer. The street expects a corporate development soon.

(Edited by : Asmita Pant)

First Published:Nov 21, 2023 5:32 PM IST