Share Market HIGHLIGHTS: Sensex ends 455 pts higher, Nifty reclaims 21,900; BPCL soars 6%, Britannia drops 2%
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty 50 and Sensex held on to gains in yet another choppy session on Tuesday, February 6. Catch minute-by-minute updates of all the action on Dalal Street on February 6, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stock recommendations, and much more only on Zeebiz.coms blog.
Share Market HIGHLIGHTS: Domestic equity benchmarks Nifty 50 and Sensex held on to the green amid volatile trade on Tuesday, February 6.
Catch minute-by-minute updates of all the action on Dalal Street on February 6, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stock recommendations, and much more only on Zeebiz.com's blog:
Latest Updates
Share Market Update: Sensex ends 455 pts higher, Nifty reclaims 21,900; BPCL soars 6%, Britannia drops 2%
The Sensex ends 454.7 points, or 0.6 per cent, higher at 72,186.1 and the Nifty settles at 21,929.4, up 157.7 points, or 0.7 per cent, from its previous close.
Nifty50
Share Market Today LIVE | ONGC, SAIL, Lupin, other stocks hit 52-week highs
As many as 76 stocks in the S&P BSE Sensex reached the milestone.
Stock CMP 52 Weeks High Previous 52 Weeks High(Price/Date) All Time High(Price/Date) ABBOTINDIA 28,338.70 28,439.25 28,312.30 (05 Feb 2024) 28,439.25 (06 Feb 2024) AKZOINDIA 2,935.00 3,076.40 2,949.95 (04 Aug 2023) 3,076.40 (06 Feb 2024) APOLLOTYRE 553.35 555.05 552.35 (05 Feb 2024) 555.05 (06 Feb 2024) ASTERDM 443.1 451.65 449.75 (16 Jan 2024) 451.65 (06 Feb 2024) ASTRAZEN 6,912.00 7,208.00 6,877.00 (31 Jan 2024) 7,208.00 (06 Feb 2024) BBTC 1,708.00 1,804.95 1,751.25 (02 Feb 2024) 10,500.00 (01 Sep 1994) BHARATFORG 1,282.75 1,304.85 1,298.50 (11 Jan 2024) 1,669.70 (27 Jun 2005) BIOCON 299.2 307 294.65 (05 Jan 2024) 1,188.00 (25 Apr 2017) BOSCHLTD 24,900.00 24,903.85 24,351.65 (05 Feb 2024) 27,989.25 (20 Mar 2015) BPCL 607.95 614.6 588.65 (05 Feb 2024) 1,152.45 (12 Jul 2016) BRIGADE 1,064.20 1,068.00 1,065.15 (30 Jan 2024) 1,068.00 (06 Feb 2024) BSOFT 853.1 861.6 858.70 (30 Jan 2024) 861.60 (06 Feb 2024) CHALET 807.6 817.85 801.00 (05 Feb 2024) 817.85 (06 Feb 2024) COALINDIA 448.05 451 450.00 (05 Feb 2024) 451.00 (06 Feb 2024) CUMMINSIND 2,398.00 2,415.00 2,370.35 (05 Feb 2024) 2,415.00 (06 Feb 2024) DRREDDY 6,166.50 6,191.50 6,151.90 (01 Feb 2024) 6,191.50 (06 Feb 2024) EIHOTEL 356.5 358.1 347.95 (05 Feb 2024) 857.50 (11 Sep 2006) FORTIS 457.35 469.5 449.00 (01 Jan 2024) 469.50 (06 Feb 2024) GLAND 2,140.50 2,155.50 2,056.50 (04 Jan 2024) 4,350.00 (12 Aug 2021) GLAXO 2,466.80 2,520.05 2,494.65 (05 Feb 2024) 3,850.00 (31 Mar 2016) GRAPHITE 602 617 603.10 (05 Feb 2024) 1,126.40 (14 Aug 2018) GSPL 379.75 384.85 379.00 (29 Jan 2024) 384.85 (06 Feb 2024) GUJGASLTD 616.65 617.35 606.90 (05 Feb 2024) 973.95 (03 Nov 2017) HCLTECH 1,622.40 1,626.40 1,617.65 (15 Jan 2024) 3,021.00 (21 Feb 2000) HDFCAMC 3,623.80 3,629.95 3,616.00 (02 Feb 2024) 3,844.00 (22 Nov 2019) HEG 1,946.75 1,979.25 1,965.00 (28 Dec 2023) 4,950.00 (16 Oct 2018) HEROMOTOCO 4,785.00 4,799.85 4,776.40 (05 Feb 2024) 4,799.85 (06 Feb 2024) HINDPETRO 535 540.9 517.00 (05 Feb 2024) 1,328.95 (09 Aug 2016) ICICIGI 1,592.50 1,595.15 1,531.60 (02 Feb 2024) 1,674.00 (22 Sep 2021) IDBI 94.42 98.7 98.56 (05 Feb 2024) 202.25 (11 Nov 2010) INFY 1,728.50 1,731.00 1,718.60 (02 Feb 2024) 16,931.65 (04 Jan 2000) INGERRAND 3,410.35 3,472.00 3,331.85 (05 Feb 2024) 3,472.00 (06 Feb 2024) IOB 67.55 69.8 65.99 (05 Feb 2024) 228.90 (07 Jan 2008) IOC 184.75 186 177.15 (05 Feb 2024) 875.00 (24 Jun 1997) IPCALAB 1,196.15 1,203.75 1,161.70 (05 Dec 2023) 2,767.10 (15 Sep 2021) JAMNAAUTO 131.55 135.2 127.00 (04 Sep 2023) 293.50 (08 Aug 2017) JBCHEPHARM 1,724.95 1,741.75 1,737.65 (29 Jan 2024) 3,049.15 (13 Sep 2023) JBMA 2,025.50 2,050.85 2,047.75 (02 Feb 2024) 2,050.85 (06 Feb 2024) JINDALSTEL 782.7 784.75 782.40 (02 Feb 2024) 16,780.00 (04 Jan 2008) JSL 614.4 638 626.35 (05 Feb 2024) 638.00 (06 Feb 2024) KPIL 876.1 879.3 860.00 (05 Feb 2024) 2,119.95 (05 Apr 2006) KPITTECH 1,673.30 1,680.00 1,639.60 (20 Nov 2023) 1,680.00 (06 Feb 2024) KSB 3,794.15 3,944.00 3,726.45 (05 Feb 2024) 3,944.00 (06 Feb 2024) LATENTVIEW 525 528.7 503.85 (30 Nov 2023) 755.00 (26 Nov 2021) LICI 1,026.30 1,032.45 1,027.95 (05 Feb 2024) 1,032.45 (06 Feb 2024) LUPIN 1,578.95 1,588.55 1,584.00 (05 Feb 2024) 2,127.00 (06 Oct 2015) MAHABANK 61.7 64.38 63.75 (05 Feb 2024) 96.50 (07 Jan 2008) MANAPPURAM 186.1 188.3 188.20 (30 Jan 2024) 839.90 (21 Apr 2010) MAXHEALTH 827.8 827.95 812.00 (01 Feb 2024) 827.95 (06 Feb 2024) METROPOLIS 1,743.80 1,811.50 1,754.05 (22 Dec 2023) 3,579.00 (30 Dec 2021) MGL 1,533.70 1,536.70 1,513.00 (01 Feb 2024) 1,536.70 (06 Feb 2024) MMTC 98.22 100.75 92.49 (05 Feb 2024) 56,931.50 (12 Nov 2007) MOTHERSON 118.8 119.25 119.10 (05 Feb 2024) 540.25 (20 Jul 2015) MSUMI 72.82 74.8 73.87 (05 Feb 2024) 94.05 (09 Sep 2022) NATIONALUM 162.35 162.5 161.05 (05 Feb 2024) 565.90 (29 May 2008) NH 1,363.75 1,402.50 1,397.40 (05 Feb 2024) 1,402.50 (06 Feb 2024) NIACL 275.95 289.2 266.10 (05 Feb 2024) 764.25 (30 May 2018) OIL 482.15 516.4 464.00 (05 Feb 2024) 1,635.00 (15 Sep 2010) ONGC 272.3 273.35 267.95 (05 Feb 2024) 1,514.00 (10 May 2006) PETRONET 289.5 296.15 284.50 (30 Jan 2024) 458.80 (22 May 2017) PFIZER 4,770.45 4,838.90 4,800.00 (05 Feb 2024) 6,164.80 (08 Sep 2021) PHOENIXLTD 2,633.15 2,729.20 2,678.35 (05 Feb 2024) 37,536.25 (21 Sep 2005) POWERINDIA 6,121.00 6,527.85 6,280.00 (19 Jan 2024) 6,527.85 (06 Feb 2024) RAIN 193.55 196.45 193.70 (05 Feb 2024) 475.50 (09 Jan 2018) REDINGTON 208 212.25 208.05 (05 Feb 2024) 458.00 (03 Jan 2008) SAIL 144.85 146 138.30 (05 Feb 2024) 292.50 (13 Dec 2007) SANOFI 8,855.20 9,085.00 8,985.00 (02 Feb 2024) 9,300.00 (10 Aug 2021) SONATSOFTW 826.05 837.65 814.95 (05 Feb 2024) 2,936.60 (16 Feb 2000) SUNPHARMA 1,475.60 1,476.00 1,466.45 (05 Feb 2024) 3,090.00 (29 Feb 2000) TATASTEEL 144.8 144.9 143.30 (05 Feb 2024) 1,534.60 (16 Aug 2021) TCS 4,136.75 4,149.75 4,020.00 (05 Feb 2024) 4,149.75 (06 Feb 2024) THERMAX 3,252.05 3,288.75 3,266.90 (05 Jan 2024) 3,288.75 (06 Feb 2024) TORNTPOWER 1,165.25 1,170.00 1,128.55 (05 Feb 2024) 1,170.00 (06 Feb 2024) UCOBANK 58.49 62.94 60.65 (05 Feb 2024) 152.35 (22 Nov 2010) WELCORP 598.5 625 612.20 (23 Jan 2024) 625.00 (06 Feb 2024) ZYDUSLIFE 797.4 809.05 777.45 (05 Feb 2024) 2,159.80 (01 Oct 2015) Share Market Today LIVE | HCL Tech, Infy, Sun Pharma, Tata Steel hit 52-week highs
As many as five stocks in the S&P BSE Sensex reached the milestone.
Stock CMP 52 Weeks High Previous 52 Weeks High(Price/Date) All Time High(Price/Date) HCLTECH 1,621.20 1,626.40 1,617.65 (15 Jan 2024) 3,021.00 (21 Feb 2000) INFY 1,729.65 1,731.00 1,718.60 (02 Feb 2024) 16,931.65 (04 Jan 2000) SUNPHARMA 1,474.80 1,476.00 1,466.45 (05 Feb 2024) 3,090.00 (29 Feb 2000) TATASTEEL 144.65 144.8 143.30 (05 Feb 2024) 1,534.60 (16 Aug 2021) TCS 4,136.05 4,149.75 4,020.00 (05 Feb 2024) 4,149.75 (06 Feb 2024) Share Market Today LIVE | Nifty near 21,950, Sensex gains nearly 450 pts led by TCS, Infy, Bharti Airtel
Share Market Today LIVE | Zydus Lifesciences hits a 52-week high, jumps over 4% after firm announces buyback deal
Zydus Lifesciences shares hit a 52-week high of Rs 809.05 on BSE on Tuesday in the first trading session after the company announced the proposal for buyback of shares. The stock of the large-cap company is trading higher by 4.29 per cent, or Rs 32.65, at Rs 793.55 on BSE.
Zydus Lifesciences buyback deal
The company announced on Monday that it would consider a proposal for buyback of shares.
"Please note that the Board of the Company, at its aforesaid meeting, will also consider a proposal for buyback of fully paid-up equity shares of the Company and the matters necessary and incidental thereto, in accordance with the applicable provisions under the Companies Act, 2013 (including the rules and regulations framed thereunder), the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018, as amended, and other applicable laws," said the company in a note to bourses on Monday. Read more
Share Market Today LIVE | Paytm hits a 52-week low and recovers after denying reports of selling its wallet business
The stock of One 97 Communications Ltd, the parent company of fintech firm Paytm hit a 52-week low on BSE on Tuesday (February 6, 2024) after the company denied that it was selling its Paytm wallet business and Jio Financials also denied that it was purchasing it. The stock of Paytm hit a 52-week low of Rs 395.50 in morning deals on BSE.
What Paym says
On Tuesday, One 97 Communications Ltd denied reports that it was acquiring Paytm wallet business days after the Reserve Bank of India (RBI) asked the company's to comply with KYC norms.
"With reference to the captioned subject, we clarify that the abovementioned news item is speculative, baseless and factually incorrect. We have not been in any negotiations in this regard. We have been informed by Paytm Payments Bank Limited, our associate company, that they also have not been in any negotiations in this regard. Read more
Nifty Today LIVE | TCS, Infy, Bharti Airtel, L&T among top movers
TCS, Infosys, Bharti Airtel, L&T and M&M are the top movers in the Nifty baskets at this hour. On the contrary, ITC, RIL, Power Grid and Kotak Bank are among the top drags.
Here's a look at the heatmap in the 50-scrip universe by weight:
Source: NSE
Share Market Today LIVE: HDFC Life, Maruti Suzuki, TCS, Wipro, HCL Tech rise most among 32 Nifty50 gainers; Power Grid, IndusInd Bank, Bajaj Finserv, Britannia, ITC top losers
Stock CMP Change (%) HDFCLIFE 585.15 3.87 MARUTI 10,788.75 3.45 TCS 4,110.50 3.45 WIPRO 498.95 3.44 HCLTECH 1,605.40 3.22 BPCL 592.9 3.16 BHARTIARTL 1,148.25 3.12 ONGC 269.7 2.57 INFY 1,722.35 2.08 UPL 483.75 2.06 JSWSTEEL 809.05 -0.69 HINDALCO 575.35 -0.78 KOTAKBANK 1,792.70 -0.87 APOLLOHOSP 6,175.95 -0.94 CIPLA 1,415.50 -1.28 ITC 432 -1.38 BRITANNIA 5,050.45 -1.45 BAJAJFINSV 1,591.35 -1.46 INDUSINDBK 1,514.10 -1.54 POWERGRID 273.6 -3.29 Share Market Today LIVE | Bharti Airtel stock jumps after telecom company reports mixed December quarter results
Bharti Airtel trade Rs 36.8 or 5.15 per cent higher at Rs 751.1 on NSE after the telecom company reported mixed December quarter results. Bharti Airtel announced its third-quarter results on Monday evening, reporting an 82.1 per cent jump in consolidated profit after tax (PAT) to Rs 2442 crore in the December quarter from Rs 1341 crore in the September quarter.
It was slightly below Zee Business research estimates of Rs 2650 crore. Revenue from operations jumped by 2.3 per cent to Rs 37899 crore against Rs 37044 crore quarter-on-quarter (QoQ) compared to research estimates of Rs 37450 crore.
Adjusted PAT slipped by 11.6 per cent to Rs 2572 crore in Q3 against Rs 2911 crore Quarter-on-Quarter (QoQ) compared to analysts' estimates of Rs 2650 crore. The average revenue per user (ARPU) for the December quarter was up by 2.5 per cent to Rs 208 against Rs 2024 in the previous quarter. Read more
Nestle India Q4 Preview | Ebitda likely to grow 16% YoY; volumes may grow 5-6%
Nestle India, one of the leading packaged food and beverage companies, is expected to post a healthy set of numbers for the December quarter (Q4 FY24). The company, which houses over 2,000 brands, including names such as Maggi, Nescafe, and KitKat, among others, is slated to release its financial results for the fourth quarter of the ongoing fiscal on Wednesday, February 7.
It must be noted that Nestle has followed a calendar-year cycle until now. However, in July 2023, the company announced that it would change its financial year to the April-March cycle.
"The current Financial Year of the Company shall be extended upto 31st March 2024 covering a period of 15 months commencing from 1st January 2023 to 31st March 2024 and subsequent Financial Years of the Company would begin from 1st April every year and end with 31st March of the subsequent year," Nestle India said in its filing. Read more
Share Market Today LIVE: Godrej Properties reports Rs 62 crore Q3 profit
Real estate developer Godrej Properties registers a net profit of Rs 62.2 crore for the October-December period, as against a net profit of Rs 56.4 crore for the corresponding quarter a year ago. Its revenue grows to Rs 330 crore for the fiscal third quarter from Rs 196 crore a year ago, according to a regulatory filing.
Godrej Properties shares hold on to the green after the earnings announcement, up 0.7 per cent at Rs 2,336 apiece on BSE at this hour.
Share Market Today LIVE: Volatility index up 07%
NSE's India VIX index, popularly known as the gauge of fear in market parlance, is up 0.7 per cent at 15.7 at this hour, having gained as much as 2.3 per cent to hit the 16 mark earlier in the day.
Share Market Today LIVE: IEX shares zoom; what's driving the stock?
IEX shares jump by as much as Rs 6.9, or 4.7 per cent, to Rs 153.4 apiece on BSE.
Image: BSEIndia.com
After market hours on Monday, the premier electricity exchange said it recorded total volumes of a record 10,893 million units (MU) in January 2024, up 26.1 per cent on a year-on-year basis.
The volume comprises 9,137 MU from the conventional power market segment, 236 MU from the green market segment, and 15.20 lakh Renewable Energy Certificates (RECs) equivalent to 1,520 MU, it said.
Share Market Today LIVE: Broader indices mirror gains in headline gauges, up 0.5-0.7%
The Nifty 500, the broadest index on NSE, is up half a per cent at this hour as against the headline Nifty50 index's 0.3 per cent rise.
Index Change (%) Current NIFTY 500 0.5 19,953.15 NIFTY MIDCAP 100 0.71 48,755.50 NIFTY SMALLCAP 100 0.67 16,428.95 Share Market Today LIVE: Sensex holds on to the green, up 150 pts; TCS, Infosys, Bharti Airtel top boosts
The Sensex is holding on to the green with a gain of 155.8 points, or 0.2 per cent, at 71,887.2 at this hour. The Nifty50 is up 69.2 points, or 0.3 per cent, at 21,840.9.
Here's a look at the top movers and shakers in the 30-scrip basket:
Image: BSEIndia.com
IPO Update | BLS-E Services makes a stellar debut on D-Street, shares list at 129% premium over IPO price
BLS-E Services makes a stunning debut in the secondary market on Tuesday, with its shares entering the listed universe at a premium of as high as 129 per cent over the upper end of the issue price range. The stock lists at Rs 305 apiece on NSE and Rs 309 apiece on BSE, a premium of 125.9 per cent and 128.89 per cent, respectively.
The bumper listing, in line with market wizard Anil Singhvi's expectations, comes after the IPO concluded last week with an impressive subscription of more than 160 times the equity on offer.
What Anil Singhvi suggested?
Zee Business Managing Editor Anil Singhvi, who had advised subscribing to the IPO for a big listing gain, expected the stock to list in the range of Rs 275-300. The market guru suggests short-term investors hold on to their positions with a trailing stop loss of Rs 250. Read more
Anil Singhvi Market Strategy | Important levels to track in Nifty50, Nifty Bank today
Zee Business Managing Editor Anil Singhvi sees support for the headline Nifty50 index emerging at 21,650-21,725 levels and a strong buy zone at 21,525-21,600 levels on Tuesday, February 6. For the Nifty Bank, he expects support to come in at 45,450-45,625 levels and a strong buy zone at 45,075-45,200 levels.
Read more on how Anil Singhvi views the Indian share market today and what he recommends
Dividend Stocks | NTPC, GAIL, Shriram Finance, five other stocks trade ex-date
A bunch of stocks, including NTPC, GAIL, Shriram Finance and others traded ex-dividend on Tuesday, February 6.
Dividend stocks | Check out the complete list of stocks slated to trade ex-dividend on February 6
Motilal Oswal Financial Services dividend
Motilal Oswal Financial Services has announced an interim dividend of Rs 14 per equity share with a face value of Re 1.
Shriram Finance dividend
Shriram Finance has announced an interim dividend of Rs 10 per equity share with a face value of Re 10.
GAIL dividend 2024 record date
GAIL (India) has announced an interim dividend of Rs 5.5 per equity share with a face value of Rs 10. Read more
Share Market Today LIVE | Ashok Leyland shares soar after record Q3 show; here's what brokerages suggest
Ashok Leyland remains on investor's radar on Tuesday, February 6 after the Hinduja group flagship company reported the strongest Q3 ever, above Street's estimate on all parameters. The stock of Chennai-headquartered auto maker—which produces a range of commercial vehicles such as buses and trucks—gains as much as 4.2 per cent to hit the day's high at Rs 186.85 on NSE, extending the gains for the third trading session.
Ashok Leyland Q3
On Monday, post-market hours, the company registered a net profit increased 61 per cent to Rs 580 crore for the December quarter, riding on robust sales. The company had reported a net profit of Rs 361 crore in the year-ago period. Revenue from operations rose to Rs 9,273 crore in the period under review from Rs 9,030 crore in the year-ago period, Ashok Leyland said in a statement.
Ashok Leyland share price target: Should you buy, sell or hold?
Morgan Stanley has maintained an overweight rating on Ashok Leyland with a target of Rs 223, translating an upside of 28.1 per cent from current levels. In addition, Jefferies has a buy call on the stock with a target price of Rs 210. Macquarie has maintained a neutral call on the counter with a target price of Rs 184. Read more
Stocks to Watch | Bharti Airtel, HUDCO, HDFC Bank, Britannia, other stocks
Here are some stocks that will be in focus on Tuesday, February 6
Results on February 6: Britannia Industries, Chambal Fertilizers & Chemicals, Godrej Properties, Akzo Nobel India, Birla Corporation, E.I.D. Parry (India), EIH, JK Tyre & Industries, Lemon Tree Hotels, Fsn E-commerce Ventures, Procter & Gamble Health, Pnc Infratech, Go Fashion (India), Tata Teleservices (Maharashtra) are some companies that will release their Q3 results on Tuesday.
HDFC Bank: The apex bank RBI via its letter dated February 5 has given its nod to the country's leading private-run lender HDFC Bank to acquire “aggregate holding” of up to 9.50% of the paid-up share capital or voting rights in IndusInd Bank.
Bharti Airtel: Bharti Airtel on Monday posted a 54 per cent jump in its consolidated net profit to Rs 2,442.2 crore in the December quarter. Bharti Airtel had registered a profit of Rs 1,588.2 crore in the year-ago period, the company said on Monday. The consolidated revenue from operations during the third quarter of the ongoing fiscal grew 5.8 per cent to Rs 37,899.5 crore from Rs 35,804.4 crore in the December 2022 quarter.
Pidilite Industries: The company has announced the inauguration of a new state-of-the-art manufacturing facility in Sandila, near Lucknow, for its prominent tile adhesive brand, Roff. Read more
Share Market Today LIVE | Nifty near 21,800, Sensex up nearly 100 pts
Nifty 50
Source: NSESensex
Source: BSE
Share Market Today LIVE | Should you buy Ashok Leyland, BSE, BOI, other stocks today? Here is what brokerages suggest
As Dalal Street enters the February 6 session, brokerages have several stocks on their radar. Here's what CLSA, Citi, Morgan Stanley, Jefferies, Goldman Sachs, JPMorgan, Macquarie and HSBC make of stocks such as Ashok Leyland, BSE and Bank of India (BOI):
Bharti Airtel share target price:
Both CLSA and Citi have maintained a 'buy' call on the Bharti Airtel stock with a target of Rs 1,370 and Rs 1,270, respectively.
Morgan Stanley has maintained an 'equal-weight' rating on Bharti Airtel shares with a target of Rs 1,015, while Macquarie has maintained an 'outperform' rating on the stock with a target of Rs 990.
JP Morgan has maintained a 'neutral' rating on Bharti Airtel with a target of Rs 1,100.
Ashok Leyland share target price:
Morgan Stanley has maintained an 'overweight' rating on the Ashok Leyland stock with a target of Rs 223.
Jefferies has maintained a 'buy' call on Ashok Leyland shares with a target of Rs 210.
Macquarie has maintained a 'neutral' rating on Ashok Leyland with a target of Rs 184.
BSE share target price:
Jefferies has maintained a 'buy' calll on the BSE stock with a target of Rs 3,000.
TCS share target price:
HSBC has a 'buy' call on the Tata Consultancy Services (TCS) stock with a target of Rs 4,505.
Alembic Pharmaceuticals share target price:
HSBC has maintained a 'hold' call on the Alembic Pharmaceuticals stock with a target of Rs 835. Read more
Traders' Diary | Buy, sell or hold strategy on TCS, MGL, SAIL, Bharti Airtel, Chambal Fertilisers, over a dozen other stocks today
In this edition of Traders' Diary, the Zee Business research team shares exclusive research on 20 stocks that investors and traders can track on Monday, February 5. Check out the complete list of stocks on analysts Kushal Gupta and Varun Dubey's radar.
Here's the complete list of investment and trading ideas for the day:
Kushal Gupta
- Buy MOIL shares in the cash segment for a target of Rs 366 with a stop loss at Rs 350
- Buy Tata Motors futures for a target of Rs 920 with a stop loss at Rs 875
- Buy the Rs 535 put option of UPL at Rs 21 for a target of Rs 40 with a stop loss at Rs 12
- Technical pick: Buy InterGlobe Aviation (IndiGo) shares for a target price of Rs 3,264 with a stop loss at Rs 3,120
- Fundamental pick: Buy Olectra Greentech shares for a one-year target of Rs 2,100
- Investment idea: Buy Amber Enterprises India shares for a one-year target of Rs 5,200
- News-based pick: Buy Aurobindo Pharma shares for a target of Rs 1,040 with a stop loss at Rs 1,085. Read more
Share Market Today LIVE | GIFT Nifty futures indicate a flat start ahead on Dalal Street
GIFT Nifty futures — an early indicator of the Nifty 50 index — are up 11.05 points or 0.05 per cent at 21,814.5 the opening bell on Dalal Street.
Good morning! Welcome to Zeebiz.com's blog on the stock market today
Follow this space to catch minute-by-minute market action, the views of Zee Business Managing Editor Anil Singhvi and other experts, investment ideas, stock picks, brokerage calls and much more through the day.
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