Market Mantra
Reliance Capital Ltd recommended around Rs.474, today touched Rs.480.75 in the BSE, before some profit booking set in. In view of company's improved performance and being a share from Anil Ambani group, the investors are suggested to buy and hold the scrip for some good returns in the short term.
Today's Call: Buy First Source Solutions Ltd at Rs.29-29.50, T -Rs.35, Sl--Rs.27. This is a buy and hold scrip. The ace investors, Rakesh Radheshyam Jhunjhunwala, Goldman Sachs India Fund Ltd and ICICI Bank Ltd holds 3.76%, 1.27% and 4.85% of the shares of the company, respectively. Recently, Mr.Jhunjhunwala has reportedly hiked his stake in Polaris Consulting & Services Ltd and this could be in his radar too........
MRPL Today touched Rs.53.60, intra-day and is now trading at Rs.53. Those who do not want to take high-risk of the oil and gas sector can book some profits in the counter.
The Nifty is expected to meander around the current ranges till the resistance zone of 8950-9000 is cleared.
MRPL Today touched Rs.53.60, intra-day and is now trading at Rs.53. Those who do not want to take high-risk of the oil and gas sector can book some profits in the counter.
The Nifty is expected to meander around the current ranges till the resistance zone of 8950-9000 is cleared.
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