After a weak start on the day of monthly expiry, the market is witnessing a recovery. Nifty has reached close to 23550. Bank Nifty is showing strength of about 350 points. In such a situation, today we will tell you about such sectors and stocks which will make you earn profit in the market. So let's take a look at those stocks which can emerge as today's big stocks. Let's take a look at today's big stocks, which will be in action throughout the day.
Ashok Leyland in Focus (RED)
Anuj Singhal said that promoter Hinduja pledged 10.21% stake in the company. Management said that they do not know the reason for pledging the shares. Management was asked whether shares were pledged for IndusInd Bank. Management did not give any information on pledged shares.
Focus on Infosys (GREEN)
Anuj Singhal looks bullish on Infosys. He says that a refund of `2949 crore is expected from the Income Tax Department. Refund is expected for 2016-17 and 2019-20. The company will review the impact of the refund amount on FY25. The impact of Nasdaq and Trump tantrum will have to be seen.
TATA TECH, KPIT(RED) in focus
Trump's tariff attack is likely to impact auto and IT sectors. The US has announced a 25% tariff on foreign cars.
Anuj Singhal said that the stock is weak on the chart. A death crossover has formed on the daily chart. The 50 DMA has crossed the 200 DMA from above. A short build-up has been seen in the futures.
The stock is very weak on the chart. The stock has reached a make or break situation. It has slipped below all the moving averages. The stock has reached the important trendline of March 2020. OI has reached a quarterly high. Short positions were created in futures.
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