Hot Stocks: Brokerage view on Indigo, HDFC Bank, Godrej Consumer and Dr Lal PathLabs
Brokerage firm Kotak Institutional Equities upgraded Dr. Lal PathLabs, Investec maintained a buy rating on Godrej Consumer, CLSA maintained an outperform rating on HDFC Bank and Jefferies upgraded InterGlobe Aviation to hold.
F&O stocks to buy today: SAIL, Axis Bank among top 9 trading ideas
On the options front, the maximum Call OI is placed at 23000 and then towards 22,500 strikes while the maximum Put OI is placed at 22,000 and then towards 2,1800 strikes.
Big movers on D-Street: What should investors do with Infosys, Wipro and IREDA?
Stocks that were in focus include names like IREDA, which rose 5%, Infosys, which declined 3%, and Wipro, whose shares fell 2.5% on Friday.
Tata Capital raises $200 million via overseas term loans
The company has the flexibility to price the loan 120 basis points above the one-month, three-month or six-month Secured Overnight Financing Rate (SOFR), in line with the market movement. The loan is part of the company’s regular borrowing programme. One basis point is 0.01 percentage point.
Profit booking could weigh on Nifty
According to analysts, profit-taking may resume until the index decisively reclaims 22,200.
Bitcoin tops $70,000 again after slumping on US ETF outflows
Bitcoin enthusiasts remain optimistic despite large ETF outflows, with cryptocurrency briefly exceeding $70,000. Grayscale Bitcoin Trust experiences continuous outflows, while BlackRock Inc. and Fidelity Investment see reduced subscriptions. Market shows strong dip buying interest.