The markets are likely to react to Reliance and ICICI Bank results at the opening bell today
State-run PSU banks are likely to be in focus today as government plans to shore up capital requirement in Q2; Focus will also be on other corporate results
State-run PSU banks and telecom stocks are likely to be in focus along with a slew of mid- and small-cap companies that shall announce their September earnings today
Ferilisers, banking shares along with result-oriented stocks like Just Dial, Jubilant Foodworks, Tata Communication, Nestle India and Rallis India to be in focus today
L&T Infotech and UltraTech Cement are likely to react to Q2 numbers this morning, while focus shall also be on Hindustan Unilever, ACC and other stocks ahead of September quarter results
Stocks of HDFC Bank, HCL Technologies are likely to react to their earnings this morning, while L&T Infotech, UltraTech Cement and Tata Coffee among others to remain in focus ahead of results today
HFCL, Delta Corporation, Krsnaa Diagnostics, Ramkrishna Forgings, Saregama India, Tata Metaliks and Tinplate Company of India are slated to post their Q2 results today
Reliance weekly charts indicate a price target of Rs 2,900, with bias to remain positive as long as the stock trades above Rs 2,500
Stocks like Bajaj Electricals and NALCO can even surge up to 20 per cent each; while MCX, JK Lakshmi Cement and Tata Coffee are also looking good
Here are trading strategies for the stocks in news today.
Trading strategies for stocks that are buzzing at the bourses today
Education-related stocks are either trading sideways or waiting for an upward breakout, with major supports being held firmly, technical charts suggest
CDSL and NBCC have doubled so far this year, while Trident and JK Lakshmi Cement have gained 91 per cent each during the same period
Among individual stocks, a total of 140 of the BSE500 stocks have given negative return so far in CY2021
While rising Covid cases pose some near-term risks to revival in financials, analysts remain unfazed as they see IRCTC as a long-term bet
In the past two trading days, the stock has rallied 33 per cent from the level of Rs 125.05 hit on Friday
The management said during the financial year 2020-21, the company reduced its debt and other interest-bearing liabilities by more than Rs 975 crore
Besides Wood, analysts at Credit Suisse Wealth Management also recommend hiking exposure to cyclical stocks as they do not see a repeat of the stringent lockdown seen in 2020
Analysts prefer stocks trading above the 200-DMA, since they tend to perform better in a trending market. Risk management, hence, becomes comparatively easier
Titan's subsidiary CaratLane Trading has incorporated a wholly-owned subsidiary 'StudioC Inc' and acquired 100 per cent of the total share capital worth $1,50,000