Editor's Stock Picks:
Updates:
| SCRIP NAME | Recommended on | Rec. Price | High | Percentage |
|---|---|---|---|---|
| Care Rating | 16.07.21 | 707 | 759 | 7.3% |
Yesterday's stocks, Havells, and Kalyani steels gave a good momentum today, and hope you are in profit.
Elgi equip is a good stock to watch out for the coming day.
Note: All the calls given here are for positional trades. I am not a SEBI registered analyst, all the calls given here are for educational purposes only.
Nifty View:
- HDFC and HDFC BANK led downward movement has ended up nifty at 15,752 crossing below the crucial support of 15,800.
- Again nifty falls under the sideways path. And any significant move we can only expect above 15,850 and below 15,630.
- As we discussed yesterday global cues are negative and any significant momentum should be given from local cues only
- As of now, global cues show a negative opening to nifty. Watch for SGX nifty to catch up on the move.
Stocks in News:
- HCL TECH Q1: Net Profit Up 189 % to Rs 3213 cr (QOQ), up 10 % YOY, Revenue Up 2.1 % to Rs 20068 cr (QOQ), Up 12 % YOY.
- ACC Q2: Net Profit Down 0.5 % To Rs 570 cr (QOQ), 111 % up YOY. Revenue Down 10 % To Rs 3884 cr (QOQ), up 50 % YOY.
- NCLAT has put on hold the sale of Videocon industries to billionaire Anil Agarwal-owned Twin star technologies.
- Adani Group says the company has not received any communication information from SEBI recently and the DRI showcase notice was issued five years back.
- Tata steel: Co.& Jindal Stainless Signs MOU For the mining of Common Boundary.
- AGRCase Update: Bharti Airtel Counsel tells SC, have paid over Rs 18,000 cr. In the computation of AGR dues, there are cases of duplication, payments made not accounted for. Purely by oversight, certain permissible deductions have also not been allowed.
- Maruti Suzuki: Suzuki to launch EV by 2025
- HDFC LIFE Q1:Net Profit Down 33 % to Rs 300 cr (YOY). Revenue Up 31 % to Rs 754 cr
- Reliance Infra: Allots 8.88 cr warrants to promoter group & Varde Investment Partners.
- Salzer forms JV company Salzer EMarch E-Mobility Pvt Ltd to manufacture electric conversion kits for Vehicles
- Krypton Industries Ltd receives an order for the supply of 6000 wheelchairs.
- Delta Corp: Co. informs Due to surge in Covid cases in Sikkim, govt of Sikkim imposed restrictions in all state further notice. Due to this all casinos of co. Will remain closed.
Major Corporate Results on 20.07.2021:
- BAJAJ FINANCE
- ASIAN PAINTS
- ICICI PRULI
- ICICI SECURITIES
- CRISIL
