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Nifty View:
SGX Nifty indicated a Neutral opening to Nifty.
Even though Nifty had formed a small bullish Candle on daily basis, watch for intraday selling pressure to kick in.
Last day we had discussed the 17,280 and 17,430 range, watch it for today too for a sustained move on either side.
IT, Metal, and FMCG stocks keep the Nifty stay with bulls fighting against bears last day.
30 of Nifty 50 stocks had closed in Green yesterday. FIIs and DIIs were net buyers of 423cr and 704Cr respectively.
Global sentiments are negative so expect profit booking at highs. As per SGX Nifty profit booking at opening may see.
Stocks in News:
Bharti Airtel: Outlook Revised To Stable On Strengthening operations And Leverage Management; ‘BBB’- Rating Affirmed By S&P
Reliance Infrastructure: The company has won an arbitration award against Delhi Metro Rail Corporation. The Supreme Court has ordered DMRC to pay damages of Rs 2,950 cr
Granules India: Recall Products In U.S Market.
Indiabulls Housing Finance: The company has received approval from CCI to divest its mutual fund business to Groww for Rs 175 crore
BHEL: Extends Footprint In HVDC Based Power Transmission With +800 KV, 6000 MW Raigargh-Pugalur Uhvdc Link
Firstsource: Launches Strategic Transition To Cloud For All Healthcare Solutions, Accelerating Innovation, Access, Security And Flexibility For Clients
Escorts: Says Confident Of Double-Digit Growth In Tractor Sales In FY22 -PTI
JSW Steel: Moody's Investors Service changed the outlook on JSW Steel to positive from stable
Reliance Industries: Jio Platforms has delayed the launch of JioPhone Next till at least November amid a global shortage of chipsets
Cupid: Has Received Purchase Order From UNFA
TVS MOTOR Launches the new TVS Apache RTR 200 4V in Nepal
