According to Prakash Gaba of prakashgaba.com, 9740 is a very crucial support and breach of 9740 could bring in more selling while stiff resistance exists at 9912. He recommends buying Oil India while advises selling HCL Tech, Bharat Financial Inclusion and Hindalco Industries.
Mitessh Thakkar of mitesshthakkar.com suggests buying Cipla, Oil India and Petronet LNG and advises selling Larsen & Toubro and Raymond.
Prakash Gaba of prakashgaba.com is of the view that technically, now 9676 remains the target as long as 9600 holds. The crucial support for the Nifty is at 9600-9560 and the resistance is at 9676.
Sandeep Wagle of powermywealth.com is of the view that one can buy IndusInd Bank and sell Oil India.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Bajaj Auto, Bharti Infratel and Adani Transmission and can sell IGL and Oil India Limited.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Amara Raja Batteries and sell Oil India Limited.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can sell Oil India and can buy Titan Company, Ahluwalia Contracts, Balrampur Chini and Chambal Fertilisers.
State-owned Oil India Ltd (OIL) today reported a 34.5 percent drop in its June quarter net profit after net realisation fell due to higher fuel subsidy outgo.
State-run Oil India Limited on Monday said it will raise up to USD 900 million debt from overseas markets by October to pay for its acquisition of 4 percent interest in a gas field in Mozambique.
ICRA has come out with its report on oil and gas sector. According to the research firm, Under-recovery incidence on the upstream public sector companies amounted to Rs 302 billion for H1 FY13 which was 39% higher than the burden in the same period last year.
CNBC-TV18's newly launched segment 'Your Portfolio', discusses one portfolio a day from the readers of moneycontrol.com. SP Tulsian of sptulsian.com discusses the investor's portfolio in-depth and advices him on how he should play those stocks.