Dealing Room Check: – IT shares spoiled the market’s momentum. The IT index slipped more than two percent. After the results, Persumented and Koforge slipped 7 to 8% and joined the top losis of futures. Along with this, Tech Mahindra, Sayt also slipped two to three percent. After the results, Nestle India shares broke around 5 percent and became the top loser of Nifty. IEX shares became Accident of the Day with a huge selling of 28%. The regulator CERC’s decision to implement market coupling from January next year shocked. Auto shares also showed speed in the weak market. Promotion Madrasan became the top gainer of futures with a jump of about 5%. Tata Motors also showed more than a percentage lead. Here the dealers today gave their opinion to their clients to bet in the shares of CG Power and Union Bank (Union Bank).
Yatin Mota of CNBC-Awaaz quoted the sources of the dealing rooms as saying that today the dealers have shopped in the stock of the power sector company. Dealers have given the opinion of shopping in CG Power’s share to their clients. Dealers say that today the stock saw shopping by domestic funds. Dealers have predicted a gain of Rs 15-20 in it. Dealers have advised to buy BTST in stock and buy tomorrow. According to dealers, Q1 shows an order of Rs 5,138 crore (62% annual growth).
In the form of second stock, dealers today gave the opinion of shopping in the bank shares. Yatin Mota said that the dealers have given the opinion of shopping in the stock of Union Bank (Union Bank). Dealers say that latest shopping has been seen in this stock today. Its OI has increased by 2%. Midcap Psus banks have been purchased today. Dealers are expecting a target of Rs 146-148 in it. Dealers have advised to buy BTST in stock and buy tomorrow.
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