Stocks to Watch: The market wrapped up the week on a strong note, with benchmark indices staging a sharp rebound on Friday. The Nifty50 once again managed to close above the 26,000 mark, reflecting firm buying interest across sectors. Market expert Anil Singhvi highlighted two stocks that showed exceptional action in the session and are likely to remain on traders’ radar on Monday — Hindustan Zinc and Kaynes Technology.
Hindustan Zinc shines on silver boom
Hindustan Zinc was among the standout performers, ending the day with a 7.5 per cent jump at Rs 561. During intraday trade, the stock touched a fresh 52-week high of Rs 567. The stock has been on a strong upward trajectory, gaining 12.6 per cent this week and 15.5 per cent in the last two weeks.
Analysts attribute the strength to the sharp surge in global silver prices. Demand for silver remains elevated while supply remains tight, driving sustained bullishness in the metal. A research report cited by Singhvi notes that silver’s contribution to Hindustan Zinc’s EBITDA is expected to rise significantly — from 28 per cent in FY25 to nearly 42 per cent in FY27.
The company currently has a silver production capacity of 700 tpa, which it plans to more than double to 1,500 tpa. With strong fundamentals, rising silver realisations and a healthy dividend payout track record, Singhvi believes the stock continues to offer investment appeal.
Strong action in Kaynes Technology
Kaynes Technology, an EMS (electronics manufacturing services) cHindompany, was Singhvi’s second pick in the “stocks in action” category. The stock surged 5.5 per cent on Friday to close at Rs 4,267, continuing its recent volatility.
Singhvi expects the counter to show further upside in the near term, projecting a move toward Rs 5,000. He suggests maintaining a stop-loss near Rs 3,700 for short-term traders. The stock has seen steep swings in December — marking a high of Rs 5,529 and a low of Rs 3,712 during the month. It has fallen 2 per cent in the last week, 22 per cent over two weeks, and is down 33 per cent over the past month. December alone has seen a 23 per cent decline.
Despite the volatility, Singhvi believes both stocks carry positive triggers, offering opportunities for positional investors looking for momentum plays.