“The shift in stock sentiment was observed after the company reported a net profi t jump of 145% and asset quality improvement,’’ said Rajesh Palviya, head of technical and derivatives research at Axis Securities. Traders can buy in the range of Rs 105-103 with a stop loss of Rs 100 for a target of Rs 110-112, he said.
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week
BSE’s derivatives activity fell sharply in the first week of the Closing Auction Session, but higher premiums more than offset the decline in contracts. Premium