Dealing Room Check: – FMCG sector saw the most strong selling today. The FMCG index slipped more than one and a half percent. After the results, Colgate slipped 6% and became the top loser of futures. Along with this, there was also pressure on ITC, VBL and Nestle. At the same time, there was a big pressure in IT and auto today. Both index fell more than a percent. Defense shares remained in the weak market as well. The Defense Index climbed more than one and a half percent. The garden rich climbed 10% after the order from the Indian Navy. On the other hand, Solar Industries reached a record high. Cochin Shipyard and Majgaon Dock were also seen getting stronger. On the other hand, after Q4 results, Astral showed a great rise. The stock climbed about 5 percent to become the top gainer of futures. After the result, Nalco 2 percent strengthened. Here the dealers today gave the opinion of Ashok Leyland and BEL and Trent to bet to their clients.
Yatin Mota of CNBC-Awaaz quoted the sources of dealing rooms as saying that today the dealers have done shopping in the auto sector shares. Dealers have given the opinion of shopping in Ashok Leyland shares to their clients. Dealers say that 2-3% rose is possible after the results tomorrow. Dealers have advised to adopt a BTST strategy on this stock ie buying and selling tomorrow.
JM Financial in the market today put bets on these 3 F&O calls, suggested cheap option on APL Apollo Tubes
In the form of second stock, the dealers today gave a bullish opinion in the share of the Defense Sector and Retail Sector. Yatin Mota said that the dealers have advised to shop in the shares of BEL and Trent. Dealers say that HNIS has seen purchases in both shares. According to dealers, announcement in the Seshex Index is possible at any time. Both these shares are candidates to join it.
Disclaimer: (Information provided here is being given only for information. It is necessary to mention here that the investment in the market is subject to risks. Always consult the expert before investing as an investor. There is no advice from Moneycontrol to invest money here.)
Discover more from gautamkalal.com
Subscribe to get the latest posts sent to your email.
Be First to Comment