One can focus on L&T, ABB, Cummins India, ONGC, Oil India, UltraTech, JK Cement, Tech Mahindra, and Mphasis. Traders can initiate a moderately bullish strategy with reduced premium outflow and a lower breakeven point — Bull Call Spread of March 2 expiry to buy one lot of 18,000 Call at Rs 137 and simultaneously sell one lot of 18,300 Call at Rs 35, with possible maximum loss of Rs 5,100.
US stock: S&P 500 ends lower as investors weigh data, Middle East tensions
The S&P 500’s streak came to an end, falling from its peak as weaker retail sales suggested caution among consumers. Despite a strong outlook, Applied