Domestic stocks markets were trading with a gain of around 0.40% in Thursday’s noon deals ahead of the weekly options expiry. At 12:41 pm, the S&P BSE Sensex was trading 192.12 points or 0.39% higher at 48,869.67. The Nifty 50 index was trading 70.70 points or 0.48% higher at 14,688.55. 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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Tata Steel & Metal Stocks: 

Tata Steel: Buzzing and trading 3.36% higher. The steelmaker has reported a consolidated profit of Rs 6,644 crore for the quarter ended March 31, 2021, against a net loss of Rs 1,481 crore posted in the same quarter of the previous fiscal year. 
Metal Stocks: Metal stocks were trading with gain with the Nifty Metal index trading 2.23% up. Metal Stocks, like Hindalco – up 4.24%, National Aluminium – up 2.62%, Vedanta – up 2.50%, NMDC – up 2%, Adani Enterprises – up 1.44% to JSW Steel – up 1.37% among others, were trading with gain. 

Coforge & MidCap IT stocks 

Coforge: Buzzing and trading 14.36% higher after hitting the 10% upper circuit. It has reported a 13.72% YoY increase in consolidated sales revenues for the March 2021 quarter at Rs 1,261.50 crore. The net profit in the quarter was higher by 17.08% YoY at Rs133 crore. 

Midcap IT Stocks: Buzzing in trade after strong results and guidance from Coforge. 

Two-wheeler & Auto ancillaries stocks

Two-wheeler stocks: Doing well. Hero MotoCorp – up 3.83%, TVS Motor – up 3.75%, Bajaj Auto – up 2.75%

Auto ancillaries Stocks: Doing well. Amara Raja Batteries – up 2.52%, Balkrishna Industries – up 1.43%, Bosch Limited – up 1.65%. 

Chemical stocks: Doing well. Stocks, like Vinati Organics – up 1.17%, Balaji Amines – up 2.14%, Camlin Fine – up 1.70%, Rossari Biotech – up 0.29%. Deepak Nitrite – up 0.14%, were trading with gain.

BHEL: Rallies for the 4th day and was trading 2.11% higher. 

Brokerage stocks: Doing well after Angel Broking results, which was trading with a gain of 18.07% near the 20% upper circuit. 

Midcap pharma: On the move. 

Sugar stocks consolidating: Sugar stocks, like Balrampur Chini Mills Ltd – down 3.13%, Dwarikesh Sugar Industries Ltd. – down 3.02%, Dhampur Sugar Mills Ltd – down 3.84%, were trading with huge fall.