Dealing Room Check:- Buying was seen in pharma and metal shares today. Both sector indices rose by more than one percent. Biocon became the top gainer in pharma futures with nearly 8% jump. Along with this, there was a rise in diagnostic stocks amid the concern of HMP virus. Dr Lal Path Lab’s stock jumped more than 4%. There was a strong rise in chemical stocks due to the impact on the supply chain from China. Shares of UPL, Chambal Fertilizer and Naveen Fluorine jumped 4%. Along with this, GNFC and Tata Chemical also witnessed success. Here, dealers today advised their clients to place bets in NYKAA and L&T shares.
CNBC-Awaaz’s Yatin Mota quoted sources in the dealing rooms as saying that today dealers have bought shares of the fashion company. Dealers have advised their clients to buy NYKAA shares. According to dealers, domestic funds have bought the shares. Dealers have advised to buy BTST in stock i.e. today and sell tomorrow. Dealers have given targets of Rs 176-178 for the stock. Dealers say that HNIs have bought shares.
These 4 stocks will add a touch of profit in the rising market, you will earn huge profits by buying stocks from different sectors.
As for other stocks, dealers today gave bullish opinion on the shares of Construction and Engineering sector. Yatin Mota said that dealers have advised to buy L&T shares. According to dealers, fresh purchases have been seen in the January series. Dealers have expected a target of Rs 3680-3700 on this stock. Dealers have advised to adopt the strategy of BTST i.e. buy today and sell tomorrow in the stock. Dealers say that FIIs have seen buying in the shares.
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