Stock market today: Consolidation mood was seen in the market on the last trading day of the week. Both Nifty and Bank Nifty were seen flat, although there was light purchases in midcap and smallcap. In such a situation, action can be seen in these shares on the basis of news today, which has been told by Anuj Singhal, managing editor of CNBC-Awaaz. Let’s take a look at it.
BSE in Focus (Red)
Jane Street will have the effect of SEBI action. There will be negative effect on the volume of futures. Jane Street has a large stake in the futures volume of BSE.
Trent in focus
In the AGM, the company has expected 20% growth in Q1. The company’s growth has been 35% CAGR in the last 5 years. In analyst meat, 25% Revenue Cagr was said to remain intact. On trade, Nuwama downgradeed and gave the Hold rating and reduced the target from Rs 6,627 to Rs 5,884. FY26/27 revenue estimate -5%/ -is reduced by 6%. FY26/27 ebitda estimate -9%/ -is reduced by 12%.
The advantage of high marketing margin is possible from stable retail fuel price. Q1 is included in the probability of growth of OMCs, earnings, earnings in Q1. Positive on OMCs, euntings are possible for further for further. Strong free cash flow will reduce the concern of high capes. The fY26 has a `5.0/LTR marketing margin conjective estimate while the fY25 had a marketing margin` 6-7.0/LTR.
Bharti Airtel shows a loud Momentum. The second consecutive month was seen in the mood of a boom while the 8 -year Rising channel is crossing. The average delivery volume of more than 70% was 5 days, while 4 days out of the last 6 days, there was a short cover in futures.
Share is a good candidate for reversal. There was a purchase of March 2020 with trendline support. The stock is successful in crossing 20 wema, while yesterday futures were seen long build up. Out of the last 6, 5 days of short coverings or long build up were seen.
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