After opening in the red mark, the Sensex is currently looking up 55 points.
10:35 AM
IT stocks are seeing a strong boom. After 4 days of decline, the Nifty IT index has gained more than 1 percent. HCL TECH and TECH MAHINDRA are the top gainers of the Nifty.
10:25 AM
Estimates have given good results and ACC has risen over 3 per cent from THUMBS UP of brokerage houses. Other cement stocks are also seeing good buying.
Also Read: Banking stocks filled up today; Bank nifty up 2.75%, know what was the reason
10:20 AM
After the mixed results in the second quarter, BRITANNIA shares have fallen more than 4 per cent to a 3-week low. Other FMCG giants are also under selling pressure.
10:15 AM
The market has witnessed excellent recovery from the lower levels. Nifty has moved towards 12 thousand. IT, realty, pharma and auto stocks are seeing good buying. But there is selling pressure on Nifty Bank.
10:00 AM
The rupee opened at a level of 73.37 without change. Dow futures are showing an increase of 85 points.
09:25 AM
Indian markets have also started with sluggishness amid weak global cues. After opening in the red mark, the Sensex is currently looking up 55 points. Along with the big stocks, midcap and small cap stocks are also seeing weakness. The midcap index of BSE is trading with a weakness of 0.33 per cent. At the same time, the BSE smallcap index is trading with a weakness of 0.10 per cent. Oil-gas stocks also see weakness today. The BSE oil and gas index is trading at a loss of 0.26 per cent.
Currently, the 30-share BSE Sensex is trading around 40,500 with a gain of about 55 points, or 0.14 per cent. At the same time, NSE Nifty, the 50-share major index of NSE, is trading around 11900 with a slight gain of 6 points.
08:20 AM
Strategy on nifty
Virendra Kumar of CNBC-Awaaz says that its registration zone is 11908-11927. The larger registration zone is 11963-11984. The base zone is 11810-11790. The larger base zone is 11750–11760. Given the flow and technical structure of FIIs, buying in the fall will be beneficial. Wait for stability above 11790-820. Buying 11900 calls in sharp decline will be a profitable deal. 11908-927 will serve as a registration in pullback.
Strategy on nifty bank
Virendra Kumar says that its registration zone is 24445-24500. The larger registration zone is 24607-24680. The base zone is 24040-23990. The larger base zone is 23800–23700. Technically best to long. 23702 It would be good to buy in sharp decline before breaking. Put Writers is confident at 23500-23800.
Know today’s trading calls
KR Choksey Shares Securities
Buy acc @ 1560 , stl 1552, tgt 1576
Kotak Securities
BUY AMARARAJA BAT TGT 745 SL 720
Sanctum Wealth Management
Buy berger Sl 600 tgt 645
Britannia’s profits up 23%, HDFC Life’s VNB up 22%
Britannia’s profits grew 23 percent in the second quarter. The company’s margins have also shown a growth of 3.5 percent. On the other hand, VALUE OF NEW BUSINESS of HDFC LIFE has increased by 22%.
ACC’s good results, profits up 20%, margins improved
The ACC results have been better than anticipated. The company’s profit has increased by 20 to about Rs 365 crore. The margin has seen an increase of over 3 per cent.
In Focus L&T
L&T has bid lowest in Mumbai-Ahmedabad bullet train project. There is a 237.1 km line project between Mumbai-Ahmedabad. L&T has bid for 24,985 crores. L&T’s bid is lower than Tata Projects and Afcons.
HUL profits may rise by 8.5%, Hind Zinc, LTI results also under watch
Today HUL’s second quarter results will come. The company’s profit is expected to grow 8 to more than 13 percent. Although margins may remain flat, the results of L&T Infotech and Hindustan Zinc will also be watched by the market today.
Relief package option open now: FM opens the option
of economic package according to need, FM Nirmala Sitharaman said on NK Singh’s book release yesterday, after discussing with all, will decide
Mission to create a digital society- Ambani
RIL Chairman Mukesh Ambani has made a big statement in which he has said that it is a big mission to transform India into a digital society. Energy has a big goal to make India self-reliant.
EQUITAS SFB’s IPO will open today
IPO price band is 32-33 / share. The company has raised Rs 140 crore from anchor investors. The issue will close on October 22.
Chennai Super Kings seventh defeat in IPL
Chennai Super Kings seventh defeat in IPL, Rajasthan Royals defeated by 7 wickets, today match between Kings XI Punjab and Delhi Capitals.
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
