As long as the Nifty 50 holds 24,800, the upward move towards the psychological 25,000 mark can't be ruled out, with 24,700-24,600 serving as immediate support. Here are some trading ideas for the near term.
Infosys | TCS | Wipro | Canara Bank | Dr Reddy's Labs | Idea Cellular | Lupin | Emami | ACC | Jet Airways | Novartis India | Quick Heal | Indian Hotels | CARE | Gravita India | OBC | Divis Labs | J&K Bank | JK Cement and Grasim are stocks, which are in the news today.
In an interview to CNBC-TV18's Prashant Nair and Ekta Batra, G Chokkalingam of Equinomics Research shared his readings and outlook on market and specific stocks.
G Chokkalingam, Founder and Managing Director, Equinomics Research said that factors such as robust fuel consumption data, monsoon pushing agriculture and banking sector inching toward a double-digit growth give confidence that Indian market is headed for a very good time in the short-to-medium-term.
Jocil has reported a sales total income from operations of Rs 115.30 crore and a net profit of Rs 3.76 crore for the quarter ended Jun '16