Dealing Room Check: – Government banks and metal stocks saw the best shopping. Both sector index were seen doing business more than a percent. Sail and Nalco appeared above 4% in metal shares. At the same time, pressure appeared in realty and auto stocks. There was no change in corporate tax for insurance companies in the new income tax bill. Due to the maintenance of 12 and a half% preference tax trittement, the shares of insurance companies saw speed. SBI Life, MFSL and HDFC Life were seen doing business by jumping three to four percent. Here the dealers today gave the opinion to their clients to bet in the shares of NMDC and Tata Motors.
Yatin Mota of CNBC-Awaaz quoted the sources of the dealing rooms as saying that today the dealers have shopped in the shares of the metal sector. Dealers have given the opinion of shopping in NMDC shares to their clients. According to dealers, HNIS shares have been purchased today. Dealers have been purchased in metal shares today. The dealers recommend BTST Strategy, ie, to buy a strategy to buy and sell tomorrow. Dealers say that a target of Rs 65-66 can be seen in the stock.
3 F&O calls of Axis Securities will make investors rich, Bharti Airtel’s cheap option will give strong profit
In the form of second stock, the dealers today gave a bulish opinion in the stock of the auto company. Yatin Mota said that the dealers have given the opinion to make positive purchases in Tata Motors shares. According to dealers, there is short covering in the stock. Its open interest is reduced by 3%. According to the dealers, the stock can show targets of up to Rs 700-725. Dealers are expecting purchases in auto stocks.
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.)