Today PSU companies are included in the market’s gainers list
Today, after 4 consecutive days of booming, the market has shown some moderation, but NIFTY has managed to stay above 14800. It has been supported by RIL, ULTRATECH, COAL INDIA and NTPC. That’s where MIDCAP shares are doing OUT PERFORM today.
CAPITAL GOODS shares have also appeared in a sluggish market. BHEL has reached a 22-month high with a jump of over 8 per cent. SIEMENS and VOLTAS have also risen more than 2 percent.
The sweetness of the fast is maintained in the sugar stocks. Mawana, Bajaj Hindusthan and Kothari Sugar ran from 5 to 15 percent. This week Dwarikesh, Sakthi and Dhampur Sugar have given strong returns of 15 to 20 percent.
Government companies are looking bright. The Nifty CPSE index has risen to an 18-month high on the 15th consecutive day. BEML, CONCOR, SCI and OMCs are seeing good buying.
Stocks like IOC, HPCL, SCI, GAIL, EIL, BEML, Oil India and CONCOR continue to dominate as PSU GAINERS in today’s market.
The fourth quarter results of ASIAN PAINT will come out tomorrow. REVENUE may show 30 percent and 87 percent jump in profits. At the same time the PROFIT of UPL can increase by more than 60 percent and improvement in MARGIN is also possible.
Asit Baran Pati , F&O Trader and Proprietor, has suggested buying Siemens’ 2000 call at level 55 and said that it could see a level of 80.
Siemens 2000 ce at 55 sl of 40 target of 80
Prakashgaba.com’s Prakash Gaba said shop for the 1900 target at Pidilite.
Pidilite buy tgt 1900 sl / 1860
Rajesh Palavia of Axis Securities said to buy at Voltages at 999 level. It will see a level of 1030 to 1040.
Buy Voltas 999 sl 985 tgt 1030-1040
Mayuresh Joshi of William ONeil said that the power sector is seeing a good boom, so buy the power grid shares for a target of 250.
Power grid , tgt 250, sl 208
Rachy Vaidya of Dstreetwinners recommends buying at ntpc given the energy and power sector boom .
