Editor's Stock Picks:
This week's video pick STLTECH had already achieved second target in a matter of just 2 trading sessions. Live calls and updates are given through our telegram Channel and Youtube.
Nifty View:
Nifty has crossed 16,000 as we discussed yesterday with the support of FII. As we have been discussing the FIIs selling.
15,900 is the key support to watch out for. 16,300 will be the next target to Nifty. Closely watch the Nifty to avoid a false breakout. If it slips below 15,900 the fall may be steeper, so 15,900 to 16,000 becomes the new key range for Nifty.
15,980 is also will act as a resistance for Nifty.
Stocks in News:
Auto Stocks : The Ministry of Road Transport and Highways on Tuesday said it has issued a notification to exempt battery operated vehicles from the payment of fees for issue or renewal of registration certificate. In a statement, the ministry said it has also exempted battery operated vehicles from the payment of fees for the assignment of new registration marks.
G R Infraprojects: The company has received Letter of Acceptance (LoA) for the construction of elevated structures (Viaduct & stations) from Gottigere to Swagath Road Cross of Bangalore Metro Rail Project, Phase- 2 worth Rs 364.87 crore.
Linde India: The company signed a business transfer agreement with HPS Gases, Vadodara to acquire its entire packaged gases business along with certain distribution assets for an aggregate cash consideration of Rs 27.5 crore.
TCS : Rich Product selects TCS for Intelligent supply chain modernisation to improve operation & Agility
Rane madras & Minda Ind : Nitin Gadkari Says Minimum 6 Air bags must in Passenger vehicle's.
TEXTILE STOCKS : Govt exempts Anti Dumping Duty On VSF.
Major Corporate Results on 04.08.21
- Adani Green
- Apollo Tyres
- Borosil
- Chola Fin Hold
- Godrej Consumer
- Tata Communication
- Sonata
- Titan
