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1. The below table shows stocks which have moved up and dropped down due to specific news/events related to that Company or Sector.
2. Traders can keep a close watch on these stocks and make use them for trading. The stocks can go up or move down, so take intraday positions accordingly by keeping close watch on buying and selling volumes and stock price movement.
3. For day traders it is advised to do Paper Trading Practice to gain experience. Day trading is very risky and not meant for everyone.
4. We also post 4 stocks to watch today for trading
5. Day traders - How to take daily profit
Dixon Technologies hits highest level since listing; up 15% in three days
Dixon Technologies (India) has moved higher by 7% to Rs 3,080 on the BSE, its highest level since listing on September 18, 2017.
In past three trading sessions, the stock appreciated by 15% from Rs 2,685 on Wednesday, November 15, 2017 after the Birla Sun Life Asset Management Company bought more than one percentage point stake in Dixon Technologies through open market.
Dixon Technologies, a consumer electronics and lighting product manufacturer for global and Indian brands, raised Rs 600 crore though initial public offer (IPO), which got tremendous response, over-subscribed by 118 times. The stock appreciated 74% against its issue price of Rs 1,766.
Biocon gains over 7% after receiving EIR from USFDA
Biocon surged 7% to Rs 420 on the BSE in early morning trade after the company said its facility received Establishment Inspection Report (EIR) with VAI (voluntary action indicated) status and closed the inspection.
The stock is trading close to its 52-week high of Rs 424 touched on July 19, 2017 in intra-day trade.
“The company confirms that the US Food and Drug Administration (FDA) has issued an EIR in relation to the cGMP (current Good Manufacturing Practice) inspection of its aseptic drug product facility that was audited between 25th May - 3rd June 2017," Biocon said in a regulatory filing.