Anuj Singhal, Managing Editor, CNBC-Awaaz
The gap-up opening has not been effective on the day of monthly expiry. The Nifty is trading flat by slipping about 100 points from the upper levels. Bank Nifty also slipped 350 points from above. Midcap and smallcap are also in a small range. At the same time, India Vix is 4 percent below. The IT order on Trump Tariff is excited. Infosys has an ecphinous lead. Koforge, Emphasis are also trading above. Recovery is being seen in IndusInd Bank. Strong in Cummins. Ltimindtree and enrichment mother-in-law have risen 2-3 per cent.
LTI Mindtree (Ltimindtree)
In such a situation, while talking on his favorite shares, CNBC-Awaaz managing editor Anuj Singhal said that he likes LTIM (Ltimindtree). Global signal positive for IT shares. This stock shows a fantastic Momentum. There is a mood for faster in the sixth consecutive week. Stock is trying to cross 200 WMA after 20 Wema. It has seen 89 percent of the rollover in the June series. Long build-ups have been seen on the weekly basis for three weeks.
Samvardhana MOTHERSON
Anuj Singhal said that before the results, the stock has a good Momentum. The mood for faster has been maintained for the third consecutive week. About 8 -month -old Falling channel is crossing. 78 percent of the rollover is seen in the June series. Short coverings were seen in futures yesterday. Weekly basis has seen short coverings or long build-ups for the last 4 weeks.
Infosys, Coforge, Emphasis in Focus
Talking on IT shares, Anuj said that the court order on tariff is possible to enthusiasm in IT shares. Good global signals are positive to the IT sector. IT stocks will benefit firmly in the dollar. The IT shares did not fall even after the dull Q4 results. The Nifty IT index from the lowest levels of April 7 has recovered 21 percent.
Focus on the shares where there is Momentum, add more positions to the rally in good stocks – Anuj Singhal
Sail in focus
Anuj says that the results of the cell of the cell have been excellent. There is also a temper of good global signals. Revenue has increased by 5 per cent to Rs 29317 crore. It was estimated to be at Rs 27,980 crore. Volume growth has been 17 percent. It was estimated to be at 10 percent. Ebitda has been Rs 3,484 crore. While it was estimated to be at Rs 2,718 crore. Adjusted Ebitda has been Rs 2797 crore against an estimate of Rs 2,718 crore.
Cummins in focus
Anuj says that after the Q4 results, the management commentary has been fine. A large move is possible after 10 o’clock earning calls. Q4 results are mixed. Profit has decreased by 7 percent. Revenue has gained 6 percent. The margin has come down from 23.5 per cent to 21.2 per cent.
IndusInd Bank in Focus
Today there is bad news in the stock again. But the stock has fallen yesterday. Recovery is possible if gap is down today. Risk like trader can do shopping.
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