9th April 2025 – Flagship index Nifty closed 126.35 points lower ending the day at 22504. Binani Industries Limited (BINANIIND) was among the top gainers ending the day at 19.97% higher. Among the losers, stocks like G-tec Jainx Education Limited and Blue Jet healthcare fell more than 10% intraday.
Healthcare stocks are falling mainly due to Trump’s tariff wars, where pharma companies profitability are mainly dependent on exports to the USA. The reason behind the price surge in penny stock Binani industries is unknown, but it’s mainly due to its sector.
The company comes under class ‘B’ group and is involved in manufacturing of cement, zinc and glass fibre products.
Top 5 gainers – Should you buy them tomorrow?
| Symbol | Prev. Close | LTP | %chng |
|---|---|---|---|
| BINANIIND | 12.07 | 14.48 | 19.97 |
| ONEPOINT | 50.19 | 55.85 | 11.28 |
| TECILCHEM | 36.51 | 40.16 | 10.00 |
| KEYFINSERV | 365.00 | 401.50 | 10.00 |
| CURAA | 39.94 | 43.93 | 9.99 |
BINANIIND is trading above its 9 day moving average, showing rising price in the short term. The stock is also in a positive slope which shows signs of uptrend. Parabolic sar (PSAR) is above the close price, confirming bullishness. 100 period moving average is however above the close price signifying bearish sentiment over the long term. However, other indicators like Moving Average Convergence Divergence are showing improving sentiment where the signal line is above the MACD line. Below data shows technical summary of NSE:BINANIIND. It is important to consider that indicators like RSI, and CCI are suggesting overbought conditions in the stock, which makes new entries riskier.
Other stocks like ONEPOINT, KEYFINSERV , TECILCHEM and CURAA also showing strength in short and long term. You can analyse each stock technically by clicking on the symbol.
Top 5 Losers – Should you Sell them tomorrow?
| Symbol | Prev. Close | LTP | %chng |
|---|---|---|---|
| GTECJAINX | 31.45 | 28.30 | -10.02 |
| BLUEJET | 694.55 | 625.10 | -10.00 |
| HILTON | 70.96 | 63.90 | -9.95 |
| THEMISMED | 127.94 | 115.50 | -9.72 |
| SGLTL | 147.70 | 134.10 | -9.21 |
In the last 1 year, NSE:GTECJAINX has fallen by 11.02% from its high of ₹35.35. Today, yet again selling could be observed as its price fell by 10.02% (previous day’s close). The volatility is high and short term indicators are negative. Average Directional Range is high at 25.21, while the price is falling, implying that sellers are very active.
Similar situations can be observed in other loser stocks like BLUEJET , HILTON, THEMISMED and SGLTL
How to buy good long time share
Right now, with global trade facing problems, investing in defensive stocks and sectors seems like a smart idea. But in the defensive space, healthcare might be risky because it depends a lot on exports. Personally, I’m focusing on the FMCG sector for the next one year.