The Indian market is expected to rise as positive global cues influenced trade. The S&P BSE Sensex gained 100 points, and the Nifty50 market index closed above 18,500 levels. India VIX decreased by 4.09% creating sessions that are choppy. The strategic Call OI maximum for this week is at 18,600 while the maximum Put OI is at 18,500. Stocks suggested for traders who have a short-term trading horizon include Redington, NMDC, Shriram Finance, and BEML. On the other hand, Hero MotoCorp, Mahindra Finance, and L&T, among others, are also suggested for trading by various experts.
CEAT Q3 Results: Net profit falls 46% to Rs 97 crore on high raw materials cost
CEAT Ltd’s Q3 consolidated net profit fell by 46.48% to Rs 97.03 crore due to high raw material costs. Revenue grew to Rs 3,299.9 crore,
January 15, 2025