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Editor's Stock Picks;
| SCRIP NAME | Recommended on | Rec. Price | High | Percentage |
|---|---|---|---|---|
| Ador Weld | 28.07.21 | 699 | 748.95 | 7.1% |
| Voltas | 28.07.21 | 1012 | 1033 | 2.07% |
| Grasim | 28.07.21 | 1515 | 1557 | 2.7% |
On daily basis, nifty had formed a bullish candle. As we discussed yesterday range bound movement was seen. Also, we had updated about reversal at 15,800 levels in our telegram channel.
In short term nifty is still in the range-bound sideways trend. We could expect a bullish move above 15,800 to 15,830 level and bearish below 15,730.
Commodity and IT-led the market today. We could expect a buy-in auto sector in the dip.
Stock In News;
TVS MOTORS: Co. says with the gradual opening of Market optimistic about domestic & International demand Coming back To normalcy.
RESTAURANT & HOTEL: Maharashtra Health Minister says; looking to relax restriction in 25 districts, Things will be open on Saturdays with limitations, Sunday restrictions to continue
#unlockguidelines #Covid_19
Shilpa Medicare Informs succefull pre-qualification of API , Praziqential by WHO geneva.
GIC RE & New India Assurance: The General Insurance Business (Nationalisation)
Amendment Bill, 2021 AND DICGC Bill listed to be taken up in the Lok Sabha tomorrow.
Tech Mahindra Q1: Net Profit Up 25 % To Rs 1350 cr (QOQ). Revenue Up 4 % To Rs 10190 cr
PVRCinemas Q1 Consolidated revenue at Rs 59.4 cr vs Rs 12.7 cr. Loss of Rs 219.55 cr vs loss of Rs 225.73 cr. Expects to reopen its screen portfolio on a staggered basis from July 30 onwards
Mahindra Holidays Q1: Net Loss at Rs 21 cr V Rs 32 Cr Loss (YOY). Revenue Up 26 % To Rs 371 cr
Steel stocks: Govt notifies starting an investigation of anti-dumping duty on Bayer rods.
FUTURE RETAIL & RIL: Supreme Court reserves verdict on Amazon's appeal against FutureRetail-Reliance Group deal. Both parties to submit a short note by tomorrow
Both Airtel and Vodafone idea has removed outgoing SMSes from their base packs. Now low-end customers can't send messages for porting requests.
Major Quarterly Results on 30.07.21:
- Britannia Industries
- Bandhan Bank
- Marico
- UPL
- Nazara Tech
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