Dealing Room Check: – The market was seen supporting pharma shares today. Aurobindo Pharma and Glenmark climbed more than 3%. Public banks and financial shares also saw shopping. However, auto, FMCG appeared to be pressurized. Most NBFCs were seen shopping with pharma. Manappuram became the top gainer of futures with 7% jump. Along with this, M & M Finance, Shriram Finance and Bajaj Finserv also saw a rise of up to 2%. Zen Tech installed a lower circuit of 20 percent. The company’s Q3 results were weak. The Senco Gold, AGS Transact also declined by 5–10 percent. Here the dealers today gave the opinion of putting bets in the shares of Paytm and Interglobe Aviation 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 share of the financial technology company. Dealers have given the opinion of purchasing in Paytm shares to their clients. According to dealers, HNIS has been purchased in the stock. Dealers have advised to buy BTST in stock and buy tomorrow.
In the form of second stock, dealers also gave a bulish opinion in the shares of Aviation Company today. Yatin Mota said that the dealers have given the opinion to make positive purchases in the share of Interglobe Aviation. According to dealers, there has been a purchase in the stock from DIIS. According to the dealers, the stock may show targets of up to Rs 4350-4400.
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.)