Indian markets closed in the green on Friday after a 3-day losing streak. Sectorally, buying was seen in IT, realty, banks, and autos while selling was visible in healthcare, consumer durables, and public sector stocks. Stocks in focus include Ramco Cements, Gland Pharma, and Adani Total Gas. Swastika Investmart’s Sr. Technical Analyst Pravesh Gour recommends buying Ramco Cements due to its breakout from an inverse head and shoulders formation and selling Gland Pharma due to a breakdown of a long consolidation formation. Adani Gas is a risky buy due to a significant price decline and it trading below its all-important moving averages.
Aegis Vopak Terminals, The Leela IPOs to list on Monday: Here’s what GMP indicates
Aegis Vopak Terminals and Schloss Bangalore debut on June 2 with muted investor sentiment. Both IPOs saw modest GMPs and were driven mainly by institutional
June 1, 2025