Dealing Room Check: – Metal stocks saw heavy selling on steel and aluminum due to fear of 25% tariff of Trump. The metal index slipped about three percent. Vedanta, SAIL and NALCO fell over 4%. But if you look at the yellow metal, the price of gold is not stopping. Gold prices rose by Rs 500 to 85 thousand 400. Trump’s statement on the tariff increased gold prices. On the other hand, realty, pharma capital goods saw a decline. Tomorrow, 7 futures of futures, including Berger Paint, Lupin, IRCTC, will result in results. Lupin’s profit may increase by 30%. Here the dealers today gave the opinion of betting on SBI and NBCC shares to their clients.
Yatin Mota of CNBC-Awaaz quoted the sources of the dealing rooms as saying that today the dealers have shopped in the bank shares. Dealers have given the opinion of shopping in SBI’s share to their clients. According to dealers, today domestic funds have been purchased in PSU banks. Dealers have the opinion of purchasing in PSU banks at the lower level. Dealers say that a target of Rs 750-760 can be seen in the stock.
Angel One’s cheap option will give strong profit, Ashish Baheti’s 3 F&O calls will be made hefty
In the form of second stock, dealers today gave a beer opinion in the share of PSU company. Yatin Mota said that the dealers have given the opinion of selling in NBCC shares. According to dealers, HNI has sold in stock. According to dealers, the stock can show targets of Rs 85-87. Its OI increased by 3% and fresh shorts have been seen in the stock. Dealers have advised STBT in stock ie selling and buying tomorrow.
Disclaimer: (Information provided here is being given only for information. It is necessary to mention here that the investment in the market is subject to risks. Always consult expert before investing as an investor. It is never advised to apply here.)