The domestic markets were trading over a half per cent higher in the noon deals of Thursday ahead of the monthly F&O Expiry. At 12:56 pm, the S&P BSE Sensex was trading with a gain of 343.59 points or 0.66% at 52,649.67. The Nifty 50 index was trading 90.75 points or 0.58% higher at 15,777.70. Meanwhile, certain stocks were in action in either direction based on reports linked to them. Here is a list of few such stocks: 

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IT Stocks: In focus. Nifty IT index was trading 2.67% higher. Stocks like Infosys – up 3.61%, Mindtree – up 2.55%, LTI – up 2.20%, Coforge – up 2.20%, HCL Tech – up 1.95% and Wipro – up 1.62%, among others were trading with gains.  

IPO Performance:  

India Pesticides: Rs 800 crore initial public offering (IPO) of Pesticides India was subscribed 1.96 times on the second day of subscription. The price band of the issue has been fixed at Rs 290-296 per share. On the block are a fresh issue of up to Rs 100 crore and an offer for sale of up to Rs 700 crore worth of shares. 

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Stocks listed today  

Shyam Metalics: Down 0.17%. The shares of Shyam Metalics were listed on the stock exchanges, BSE & NSE, today.  
Sona BLW Precision: Up 20%. The shares of Sona BLW Precision Forgings (Sona Comstar) will list on the stock exchanges, BSE & NSE, today.  

Earning Reaction  

Apollo Hospital: Down 1.69%. The multispecialty health care unit has reported a 19% YoY decline in the consolidated profit at Rs 170 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 210 crore in the same quarter of the previous financial year. Besides, the board has approved the acquisition of the subsidiary Apollo HealthCo (AHL). 
AllCargo Logistics: Up 2.73%. The logistics company has reported an 89.1% YoY decline in the consolidated profit at Rs 5.9 crore for the quarter ended March 31, 2021. It had posted a profit of Rs 54.1 crore in the same quarter of the previous financial year.  
Munjal Showa: Down 8.02%. The automotive parts manufacturing company has reported a 43.9% YoY decline in consolidated profit at Rs 5.8 crore for the quarter ended March 31, 2021. In had posted a profit of Rs 10.4 crore in the same quarter of the previous financial year.  

Stocks in News 

TCS: Up 3.02%TCS Launches Quartz for Markets to Help Exchanges and Financial Institutions Innovate with Tokenized Assets.  

Cadila Healthcare: Down 1.04%. Zydus Cadila receives tentative approval from USFDA for Fingolimod Capsules .25mg 

Vardhman Special Steels ltd: Up 2.96%. Vardhman Special Steels Limited has been granted the long-awaited Environmental Clearance for expansion of capacity at its existing plant in Ludhiana, upto 2,80,000 tons per annum of rolled production. To begin with, the current rolling capacity of 200,000 tons per annum would be increased to 250,000 tons. 

Godawari Power & Ispat: Up 2.07%. Godawari Power has been granted the environmental clearance for enhancement of Iron Ore Production Capacity from 1.405 MTPA to 2.35 MTPA in Ari Dongri Iron Ore Mines situated at Village Kachche, Dist: Baster, Kanker, Chhattisgarh and for setting up of Beneficiation Plant of 0.6 MTPA capacity. The production of the enhanced iron ore mining capacity shall be started in the next 2-3 months.  

Wabco India: Down 0.24%. The non-retail portion of the offer for sale (OFS) of Wabco India was subscribed 1.98 times on the first day of subscription. The offer will open for subscription by retail investors today 10% of the OFS is reserved for the retail investor. It has set a floor price of Rs 6,550 per share.  

Buzzing Stocks 

Auto Ancilliary Stocks: Buzzing. Stocks like Mahindra CIE – up 1.61%, Minda Industries – up 0.85%, MM Forging – up 0.52%, Swaraj Engines – up 0.17% among others were trading higher.  

Ceramic Stocks: In an action. Stocks like HSIL – up 5.34%, Pokarna – up 2.13%, Kajaria Ceramics – up 1.72% were trading higher.  

Adani Group Stocks: Under pressure. Stocks like Adani Total Gas – down 5.01%, Adani Power - down 4.33%, Adani Transmission – down 4.95% and Adani Ports – down 1.10% were trading with a fall.  

Infibeam: Up 3.95%.  

Jai Corp: Up 2.64%.  

Amber Enterprises: Up 1.99%.  

Liberty: Up 2.25%.  

Redington: Up 3.13%. 

Edelweiss: Up 2.62%.  

IB Real Estate: Up 4.28%.   

Greaves Cotton: Up 4.98%.  

HEG: Up 0.95%.  

Centrum Capital: Up 7%.  

Sharda Motors: Up 7.94%.  

KRBL: Up 6.12% 

Godfrey: Up 3.55%.  

Bombay Dyeing: Up 3.02%.  

Quess Corp: Up 2.10%. 

Grindwell Norton: Up 4.07%.  

V-Mart: Up 3.30%. 

Laurus Lab: Up 1.65%.  

Stocks at Life High 

Titan: Down 0.095%. Meanwhile, the stock hit a life high of 1,792.95 in the early intraday trade. 

Relaxo Footwear: Up 0.54. Meanwhile, the stock hit a life high of 1,242.90 in the early intraday trade. 

Lux Industries: Down 0.88%. Meanwhile, the stock hit a life high of 3,780 in the early intraday trade.