Page 222 - Market Trends
Chris Wood ups India stake; hikes allocation by 2% amid resilient stock mkt
In his Asia Pacific ex-Japan asset portfolio, allocation to Indian equities at 16 per cent is the second highest after his exposure to China, which stands at 31 per cent.
 "Chris Wood ups India stake; hikes allocation by 2% amid resilient stock mkt")
Tech companies likely to lead primary market revival in India: HSBC
Thus far in calendar year 2022, Indian companies have raised over 40,000 crore from the primary markets via the IPO route, data from PRIME Database showed.
 "Tech companies likely to lead primary market revival in India: HSBC")
Elgi Equipments, JK Paper: Strategy for stocks that have doubled in 2022
Bharat Dynamics, JK Paper and Hindustan Aeronautics have surged over 100 per cent, while Elgi Equipments and Schaeffler India are just shy from doubling the investor's wealth so far in 2022.
 "Elgi Equipments, JK Paper: Strategy for stocks that have doubled in 2022")
Reliance Capital hits fifth straight upper limit, soars 27% in one week
The stock was locked in upper circuit for the fifth straight day, up 5 per cent at Rs 17.93 on the BSE in Wednesday's trade in an otherwise weak market.
 "Reliance Capital hits fifth straight upper limit, soars 27% in one week")
Ambuja Cements hits new high ahead of closure of Adani Group's open offer
The stock has surged 17 per cent in a month ahead of the closure of Adani Group's open offer on Friday, September 9
 "Ambuja Cements hits new high ahead of closure of Adani Group's open offer")
Vinay Rajani of HDFC Securities sees support for Nifty around 17,400-17,150
Among individual stocks, the technical analyst is bullish on HG Infra and CreditAccess Grameen.
 "Vinay Rajani of HDFC Securities sees support for Nifty around 17,400-17,150")
Stocks to Watch: Adani Group, Fertilisers, HDFC Bank, Canara Bank, Suzlon
Stocks to Watch on Tuesday: Government may look to privatise PSU fertiliser companies; Adani Group in an attempt to allay fears of being overleveraged, said the firms have reduced debt over the years.
 "Stocks to Watch: Adani Group, Fertilisers, HDFC Bank, Canara Bank, Suzlon")
F&O Strategy: Nandish Shah recommends a Bull Spread on Canara Bank
The technical analyst from HDFC Securities recommends buying Canara Bank 240 Call and simultaneously selling 250 Call for the September series.
 "F&O Strategy: Nandish Shah recommends a Bull Spread on Canara Bank")
Resistance for Nifty seen at 17,725; Stocks to buy in September F&O series
Coal India, City Union Bank, Cummins, IDFC First Bank and Piramal Enterprises are the five F&O stocks tha can deliver up to 21 per cent returns in the September series.
 "Resistance for Nifty seen at 17,725; Stocks to buy in September F&O series")
F&O Strategy: Nandish Shah recommends a Bull Spread on L&T
The technical analyst from HDFC Securities recommends buying L&T 1900 Call and simultaneously selling 1920 Call for the August series.
 "F&O Strategy: Nandish Shah recommends a Bull Spread on L&T")
F&O Strategy: Nandish Shah recommends a Bull Spread on Lupin
The technical analyst from HDFC Securities recommends buying Lupin 700 Call and simultaneously selling 720 Call for the August series.
 "F&O Strategy: Nandish Shah recommends a Bull Spread on Lupin")
F&O Strategy: Nandish Shah recommends a Bull Spread on HCL Tech for August
The technical analyst from HDFC Securities recommends buying HCLTECH 960 Call and simultaneously selling 1000 Call of the August series.
 "F&O Strategy: Nandish Shah recommends a Bull Spread on HCL Tech for August")
F&O Strategy: Nandish Shah recommends a Bull Spread on L&T for July expiry
The technical analyst from HDFC Securities recommends buying L&T 1700 Call and simultaneously selling 1800 Call of the July expiry.
 "F&O Strategy: Nandish Shah recommends a Bull Spread on L&T for July expiry")
F&O Strategy: Nandish Shah recommends a Bull Spread on BEL for July expiry
The technical analyst from HDFC Securities recommends buying BEL 240 Call and simultaneously selling 250 Call of the July expiry.
 "F&O Strategy: Nandish Shah recommends a Bull Spread on BEL for July expiry")
Kalpataru Power surges 9% on securing orders worth Rs 1,345 crore
Analysts at Emkay Global Financial Services believe improving inflow and lower raw-material cost will imply better earnings for KPTL in the coming times.
 "Kalpataru Power surges 9% on securing orders worth Rs 1,345 crore")
Tyre stocks in focus, rally up to 8%; Apollo, Ceat register 52-week highs
The tyre industry is expected to perform well mainly due to easing out of pandemic, increasing demand from OEMs and replacement segment.
 "Tyre stocks in focus, rally up to 8%; Apollo, Ceat register 52-week highs")
Syngene trades weak after nearly 6% equity changes hands via block deals
At 09:15 am; around 22.68 million equity shares representing 5.65 per cent of the total equity of Syngene changed hands on the BSE, the exchange data shows.
 "Syngene trades weak after nearly 6% equity changes hands via block deals")
DreamFolks Services dazzles on debut, stock zooms 56% over issue price
Shares of DreamFolks Services listed at Rs 508.70, a 56 per cent premium when compared with the issue price of Rs 326 per share on the National Stock Exchange (NSE) on Tuesday.
 "DreamFolks Services dazzles on debut, stock zooms 56% over issue price")
Stock price of this automotive supplier firm has doubled in last 6 months
Shares of Schaeffler India soared 10 per cent to hit a new high in Monday's intra-day trade. The stock has surged 16 per cent in the last four days.
 "Stock price of this automotive supplier firm has doubled in last 6 months")
Stocks to Watch Today: Paytm, Reliance, NDTV, ICICI Bank, Yes Bank
Stocks to Watch Today: Tamilnad Mercantile Bank's IPO will open for subscription in the price band of Rs 520 - 525 on Monday.