'BUY' or 'SELL' ideas from experts for Tuesday, 27 May 2014
NEW DELHI: Indian markers are expected to trade in a range on Tuesday tracking muted trend seen in other Asian markets.
KalpataruBSE 3.61 % Power Ltd is a 'BUY' call with a target of Rs 178 and a stop loss of Rs 163
SAILBSE -1.00 % is a 'BUY' call with a target of Rs 112 and a stop loss of Rs 90
HCL Technologies LtdBSE 1.70 % is a 'BUY' call with a target of Rs 1430 and a stop loss of Rs 1370
Ten stocks in focus in Tuesday morning trade
Here is a list of ten stocks which are likely to be in focus today:
Wockhardt: Drug firm WockhardtBSE -6.01 % reported nearly 78 per cent drop in consolidated net profit at Rs 74.45 crore for the quarter ended March 2014 mainly due to regulatory issues with US and UK health regulators.
India Cements LtdBSE -5.68 %: Hit by a slump in demand and capacity "overhang", India Cements reported standalone net loss at Rs 30.56 crore for the fourth quarter ended March 31, 2014.
Jubilant Life Sciences Ltd: The company said its subsidiary will receive $147.5 million (over Rs 860 crore) funding from IFC, a member of the World Bank Group, to strengthen its generic drug manufacturing facilities.
Sterlite Technologies Ltd: The Company said its arm Sterlite Grid Ltd has been awarded sixth ultra- mega transmission project (UMTP) on build-own-operate basis by the Ministry of Power.
Bank nifty is currently in sideway trend, yesterday was trend in BEAR. In options activity mainly limited to lower puts even thought put/call ratio is high at current price strike the activity is tilted to call side and writing of call is increasing.
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