Outperforming Sector: Cement & Cement Products

Outperforming Sector: Cement & Cement Products


Stock Market Today – 6th November 2020

The sector of Cement & Cement Products has outperformed others in last one month with a growth rate of 10.96%. Ultratech Cement (NS:ULTC) has beaten the sector performance with a growth rate of 11.97%, which is recommended as “Strong Buy” as per Value Stocks. It has a Quality Business Score of 16 and is undervalued too.

Indian Benchmark Index, Nifty 50 opened at 12157 today. Yesterday at its highest, Index was at 12131 and had closed at 12120. The market seems to have taken a bullish ride as the Nifty closes above 12000 and huge corrections might not be coming on its way. Major players of the market, FII and Pro together hold a net position of 5281 in the Index Option as on 5th of November 2020. Nifty and Bank Nifty Trend indicate “Buy”.The market awaits US election results. Though Joe Biden is leading Donald Trump lagging, still one cannot conclude the repercussion of the either of their win.

On the global front, the US Index, S&P 500 (Futures) opened at 3501 today, near its yesterday’s close i.e, 3505. Yesterday, it had gone upto 3523. Hong Kong Benchmark Index, Hang Seng opened at 25766 today. Yesterday, Index closed at its high i.e, 25696. Japan Benchmark Index, Nikkei opened at 24137 today. On its previous trading day, Index had gone upto 24112 and closed at 24105

To get in-depth knowledge and details about Nifty Open Interest, subscribe to our app Value Stocks or the website www.valuestocks.

The US 10 Year T-Note is trading at 138.93. The Bond has crucial support at 117.42 made on 5th Nov 2018. The US Dollar Index is trading at 92.653


Major Sector Performance as on 5th November


Minor Sector Performance as on 5th November


Large Cap Gainers and Losers as on 5th November


Mid Cap Gainers and Losers as on 5th November


Small Cap Gainers and Losers as on 5th November


Results Today


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There is no guarantee of profits or no exceptions from losses. The investment advice provided is solely the personal views of the research team. You are advised to rely on your judgment while investing/ Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. You should read and understand the Risk Disclosure Documents before trading/Investing.