Traders are optimistic about stocks, if rollover data on expiry of July F&O contracts are any indication.
Gainers & losers
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Some debut IPOs
|
Top 5 picks
|
Mid-term picks
Shares of Reliance Industries remained under pressure on Thursday owing to profit-booking by domestic mutual funds. There were heavy volumes in the stock, which closed at Rs 1,011, down 1%.
The BSE Sensex eked out a 0.2% gain on Thursday in choppy trade, with investors mostly adjusting positions on the last day of monthly derivatives contracts on the National Stock Exchange (NSE).
The Nifty saw a total reduction of close to 14 lakh shares this week before the expiry day. Long unwinding has started happening at the 5400-5450 band and traders have started booking profits close to this level.
The past six months have been quite lucrative for airline companies. The stock of SpiceJet, one of the proponents of low-cost carrier model, was no exception. It gained 1% during the period.
SBI Macquarie Infrastructure Fund is buying 12% stake in Adhunik Metalik?s power subsidiary for Rs 125 crores, sources with direct knowledge of the deal said.
In a chat with ET Now, Satish Betadpur, CFA, Global Research Director, Independent International Investment Research PLC, gives his views on Aster Silicates.
Traders are optimistic about stocks, if rollover data on expiry of July F&O contracts are any indication.
Gainers & losers
|
Some debut IPOs
|
Top 5 picks
|
Mid-term picks
Buy when everyone else is selling and hold until everyone else is buying. That’s not just a catchy slogan. It’s the very essence of successful investing.
