Vaishali Parekh estimates the Nifty 50 Spot index to find support at 23,800 points and face resistance at 24,200 points. ✨Dredging Corporation of India Ltd. (DREDGECORP): Buy at ₹1,022; Target at ₹1,050; Stop Loss at ₹1,000. ✨Infosys Ltd. (INFY): Buy at ₹1,765; Target at ₹1,800; Stop Loss at ₹1,745. ✨Hindustan Zinc Ltd. (HINDZINC): Buy at ₹544; Target at ₹575; Stop Loss at ₹520.
Open Flip📌Marquee funds Goldman Sachs and Nomura picked up stakes in Afcons Infrastructure through bulk deals on Monday. 📌Hero MotoCorp said it achieved record retails for the 32-day festive period, starting Navratri. 📌JK Paper reported a net profit of Rs 129 crore in the quarter ended September 2024. 📌ABB India reported a net profit of Rs 440 crore in the July-September 2024 period.
Open Flip📌GIFT Nifty signals a negative start. 📌India VIX rose nearly 5% to settle at 16.69 levels. 📌U.S. stocks closed slightly lower after a choppy session on Monday. 📌Asian equities were softer in early trading amid increasing risk-off sentiment. 📌Foreign portfolio investors turned net sellers at Rs 4,329 crore on Monday. 📌The rupee on Monday fell 4 paise to a record low of 84.11 against the USD.
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