08:34 AM
WHIRLPOOL SHOPPING
Whirlpool will buy majority stake in Elica PB India. Has signed an agreement to buy an additional 38% stake for 425 crores. Whirlpool’s stake in Elica will increase to 87 per cent.
08:27 AM
JSPL. ICRA has increased the rating on long term loans from A to A+. Outlook has also increased from stable to positive.
08:19 AM
GSFC। Heavy anti-dumping duty has been imposed on Caprolactam. Anti-dumping duty has been imposed from Russia and other countries. It has been recommended to impose duty up to $560.82 per MT.
08:12 AM
strategy on nifty
Virendra Kumar of CNBC-Awaaz says that the resistance zone of Nifty is at 17921-17961. Its major resistance zone is 17994-18030 and base zone is 17795-17775. Its major base zone is at 17795-17775. According to the data, there is still a trading range of 17961-17775. Heavy call writing at 17900-18000, put writers at 17700-800. The setup of RIL, ICICI Bank, HDFC Bank can support well, fast. Buy near 17775, exit near 17961-794. Big stocks are showing strength.
08:07 AM
strategy on nifty bank
Virendra Kumar says that its resistance zone is 38371-38510.
Is. Its major resistance zone is 38690-38820 and base zone is 38040-37910. The larger base zone is 37800-37640. ICICI Bank, HDFC Bank are looking very strong. The chances of breakout in these are very high. So stay long, buy every drop as long as the first base is there. Above the first resistance zone 38371-38510 can be achieved.
07:53 AM
Today’s Trading Calls
CENTRUM BROKING LTD
BUY MCX SL 1685 TGT 1800
THE STREETS
BUY MARUTI, STOP 7300, TGT 7500
IIFL SECURITIES
BUY GRASIM SL 1600 AND TGT 1710
07:44 AM
Industry to suffer due to rise in gas prices: GAIL
The rise in gas prices will hurt both the industry and the consumer. Big statement of GAIL chairman Natural gas prices will increase from October 1. Crude oil has also reached close to $ 80.
07:39 AM
Major Restructuring in Raymond
THE BOARD OF RAYMOND APPROVED THE LARGE RESTRUCTURING. REAL ESTATE AND APPAREL BUSINESS WILL BE SEPARATED BUT THE COMPANY HAS BEEN CALLED TO DEMERGE LIFESTYLE BUSINESS.
07:33 AM
HDFC: Q2 Advance Tax of 100 Cr deposited
There are good signs of recovery in the economy. HDFC has filed advance tax more than double in Q2 as compared to last year. The company has deposited Rs 1100 crore as advance tax as against Rs 500 crore.
07:24 AM
Government will not increase borrowing
The government will not increase borrowing in the second half. According to the target, will raise only 5 lakh crores. The government has decided to increase tax collection.
07:15 AM
Asia weak, US market mixed
Indications from the global market are seen mixed. Asian markets are seeing initial pressure. SGX NIFTY is trading flat. Yesterday the US markets were closed MIXED. The strength of 70 points was seen in DOW.
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