Sumeet Jain says Nifty is likely to see expiry below 8,450 for this month’s contract. The Nifty faces stiff resistance around 8,600-8,620 and fresh buying is unlikely to emerge unless the benchmark takes out these levels, says Sumeet Jain, head – derivatives & technicals with Destimoney Securities. Nifty is likely to see expiry below 8,450 for this month’s contract, he ... Read More »
New Delhi: Indian IT services company HCL Technologies on Friday said it has allotted over 84,000 equity shares under the 2004 Stock Option Plan, taking its paid-up share capital to 141 crore shares. In its filing to BSE, the company said the allotment had been done by its Employees Stock Option Allotment Committee on July 21, 2016. “Consequent on the ... Read More »
Sahil Kapoor recommends buying Nifty call options. Sahil Kapoor, chief technical analyst at Edelweiss Securities, expects Nifty to touch 9,000 levels by September. He recommended buying Nifty call options as premiums are relatively low. Stock Talk: Buy ICICI Bank: The recent correction is a good opportunity to enter into the stock as it has already established a bullish trend. Buy ... Read More »
IT stocks gained on Monday after rupee fell nearly one per cent to an intraday low of 67.70 against the US dollar. HCL Tech was up as much as 4 per cent to be the top gainer in the Nifty50 index, while Tech Mahindra, TCS and Infosys were all up over 1.5 per cent each. Three out of the top ... Read More »
Noida-primarily based HCL Tech missed sales increase and profit estimates in its 0.33 region extra From market Biocon Hits fifty two-Week excessive On fantastic Trial results Of cancer Drug Bharti Airtel shares Tumble As Reliance Jio Gears Up For launch Excel Crop Care Hits 52-Week excessive On Sumitomo Chemical’s Open offer Adani institution shares Fall, Adani Ports Leads Losses Sensex ... Read More »
The BSE Sensex and the 50-percentage Nifty ended flat after a selection sure consultation on Friday as losses in IT stocks have been offset by means of profits in banking and steel stocks. Sensex closed three.52 points better at 25,606.62, at the same time as the 50-proportion Nifty ended 2.fifty five points higher at 7,849.eighty. amongst man or woman stocks, ... Read More »
The Nifty is trading in a selection among 7,750 and seven,950 and on every occasion markets correct to the lower cease of the variety, some buying emerges, says Ruchit Jain, fairness technical analyst with Angel broking. Directional momentum within the markets will come if Nifty breaks down under guide of 7,750 or breaks above 7,950, however technical signs are indicating ... Read More »
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