Prakash Gaba of prakashgaba.com is of the view that one may avoid Motherson Sumi while Power Finance Corporation and Syndicate Bank look weak.
According to Prakash Gaba of prakashgaba.com, Nifty has support at 9350 and resistance at 9500 while Bank Nifty has support at 22400 and resistance at 22800.
Ashwani Gujral of ashwanigujral.com recommends buying GSFC, Jindal Steel & Power and Rural Electrification Corporation.
Ashwani Gujral of ashwanigujral.com recommends buying Indian Bank, Syndicate Bank and SREI Infrastructure Finance.
According to Satish Gupta of astrostocktips, banking stocks like Oriental Bank of Commerce, Canara Bank , Karnataka Bank, State Bank of India and Syndicate Bank will get astrological support.
Pankaj Jain of SW Capital advises buying Bank of Baroda with a target of Rs 205.
Banking stocks like Union Bank, Allahabad Bank, Andhra Bank, Syndicate Bank & UCO Bank will get astro support, says Satish Gupta of astrostocktips.
Ashwani Gujral of ashwanigujral.com suggests buying SREI Infra, Syndicate Bank and Bhushan Steel.
Vijay Chopra of enochventures.com recommends buying Punjab National Bank with a stoploss at Rs 165 and target of Rs 175 and SpiceJet with a stoploss at Rs 108 and target of Rs 116.
Ruchit Jain of Angel Broking advises buying Bharat Forge with a target of Rs 1195.
Ashwani Gujral of ashwanigujral.com recommends buying RBL Bank, Sundram Fasteners and Syndicate Bank.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Indo Count Industries, IDFC, JSW Energy and Syndicate Bank and can sell Torrent Pharma.
Sudarshan Sukhani of s2analytics.com suggests buying Punjab National Bank, Tata Chemicals and TVS Motor Company.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Asian Paints, Pidilite Industries and Axis Bank and sell Jindal Steel & Power while he is upbeat on M&M and downbeat on Tata Motors.
Mitessh Thakkar of miteshthacker.com suggests buying Indian Bank, M&M, IRB Infra and PC Jeweller.
Prakash Gaba of prakashgaba.com is of the view that Nifty has support at 9100 and resistance at 9185-9225 while Bank Nifty has support at 21400 and resistance at 21650.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Syndicate Bank and Bharat Forge.
Sandeep Wagle of powermywealth.com recommends buying NCC, DLF and Syndicate Bank.
In an interview to CNBC-TV18’s Latha Venkatesh, Sonia Shenoy, and Anuj Singhal, Prakash Diwan of Altamount Capital Management shared his readings and outlook on the market and specific stocks.
The CBI today carried out searches at four locations after registering an FIR against former senior officers of Syndicate Bank and a prominent builder of Jaipur among others for allegedly causing a loss of Rs 209 crore to the bank by way of cheating.
Public sector lender Syndicate Bank has put up land bank owned by GVK Group in GVK Perambalur SEZ Pvt Ltd in Tamil Nadu for sale as part of recovery of its outstanding loan of Rs 175 crore.
Mitessh Thakkar of miteshthacker.com suggests selling Adani Enterprises, BEML and Syndicate Bank and advises buying UltraTech Cement and Alembic Pharmaceuticals.
IDBI Bank has acquired 32,30,00,000 shares from Jaiprakash Power Ventures in consideration of conversion of debt into equity under strategic debt restructuring, the company said in a BSE filing.
After the public sector banks, private banks could also see some consolidation, believes SP Tulsian of sptulsian.com.