According to Prakash Gaba of prakashgaba.com, crucial support for the Nifty is at 9630-9580 and the resistance is at 9724 and he picks Hindustan Zinc, Nalco and TVS Motor as bullish plays and HDIL as a bearish play.
"Iran's proposal is attractive as long as gas prices are attractive, but not much of an indication in that area has come," Chairman Tapan Kumar Chand told Reuters.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Bajaj Finance, IGL, Grasim Industries, Arvind and Bata India and sell NALCO.
Stocks in news | ITC | Sun Pharma | Britannia | Cipla | NMDC | Fortis Healthcare | Renaissance Jewellery | Lypsa Gems | ITI | Max Ventures | VA Tech Wabag | Tata Power | Infosys | NALCO | Dr Reddys Laboratories and UPL are stocks, which are in news today.
The company has fixed floor price for the offer at Rs 67, which is 8.8 percent discount to Tuesday's closing price of Rs 73.45.
Nalco chairman-cum-managing director T K Chand also said the company would enhance the procurement volume from the MSME sector.
Shahina Mukadam, Independent Market Expert is of the view that one may buy Dishman Pharma with a target of Rs 245.
Hindalco Industries | Lupin | Tata Motors | Aurobindo Pharma | Apollo Hospital | NALCO | Dr Reddy's Labs | A2Z Infra | Syngene | Motilal Oswal | IIFL | Accel Frontline and Zenotech Labs are stocks, which are in the news today.
"With the aluminium market firming up, the Navaratna PSU foresees sunny days ahead and plans to increase cast metal production by 12 percent in the next fiscal," National Aluminium Company Ltd (Nalco) said.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today -- DLF, Tata Motors, TVS Motor, Hero Motocorp, Bajaj Auto, Wockhardt, Coal India, Jubilant Foodworks, Biocon and Nalco.
"Soma Mondal has taken charge as Director (Commercial) of SAIL. Mondal is the first ever woman functional Director on the company's board," SAIL said in a statement.
Domestic aluminium makers want minimum import price (MIP) to protect against surge of cheap imports, but the commerce ministry â€œcautiousâ€ as move may not be strictly WTO-compliant
"The MoU, signed yesterday, will further strengthen Nalco's initiatives being undertaken under Sustainable Development Framework (SDF) and has the potential for being a benchmark for best practices in bauxite mining," Nalco CMD T K Chand said.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
In an interview to CNBC-TV18, TK Chand, CMD of National Aluminium Company (NALCO) spoke about the results and his outlook for the company.
Aluminium maker Nalco today recorded a 2.67 percent dip in its standalone net profit at Rs 143.92 crore for the third quarter ended December 2016.
With market continuing its good run for a third straight week and with SGX Nifty trading at 8846.50 level today, Sensex and Nifty is expected to open in the green in today‘s trade. Last leg of the quarterly earnings, inflation data and the trend in the Uttar Pradesh Assembly polls will impact the stock market going ahead.
The Centre is mulling taking more measures to safeguard the interests of the aluminium industry, a Parliamentary Panel said today.
National Aluminium Company Limited (Nalco) and Neelachal Ispat Nigam Limited (NINL) have signed an MoU to set up a joint venture company for producing coal tar pitch in Odisha.
According to Prakash Gaba of prakashgaba.com, Indiabulls Real Estate can slide to Rs 75 while NALCO can slip to Rs 73.
Speaking to CNBC-TV18, Prem Kumar Gera, Managing Director of Gujarat Alkalies & Chemicals, posted a 229.53 percent increase in net profit in Q3 despite huge competition in the business.
Shahina Mukadam, Independent Market Expert advises buying HCC with a target of Rs 48.
Focus in 2017-18 may move to strategic sale of significant government equity in loss making units; NITI Aayog preparing list of unlisted state-owned companies that may qualify for strategic sale
Ashwani Gujral of ashwanigujral.com suggests buying NALCO, BEML, Escorts, Welspun India, HPCL and United Spirits.
Ashwani Gujral of ashwanigujral.com suggests buying NALCO, Dalmia Bharat and Yes Bank and advises selling Idea Cellular and Infosys.