There is pressure in the market for the fifth consecutive day. The Nifty slipped more than 100 points to below 23300. Bank Nifty has also dropped around 400 points. In such a situation, we will tell you about such sectors and shares which will make you profit in the market. So let’s take a look at the shares that can emerge as today’s Big Stocks. Let’s put a look at today’s Big Stocks, which will be in action throughout the day.
Muthoot in Focus, Manappuram (Green)
Gold from Trump’s tariff war has reached the new peak. Gold prices on comex have crossed $ 2,900. Expensive gold is positive for gold finance companies. Lon to value (LTV) increases due to increase in gold prices. Companies are able to give more loans. Increasing the price of gold causes the collateral risk and less.
Kalyan Jewelers (RED) in Focus
The high gold prices will show the negative effect. One of the weakest shares is. The stock has slipped 35% from the summit of 795. The valuation of the share was also expensive.
Eicher in focus
The results of Q3 are slightly faded by expectations. The profit was at Rs 1170 crore but companies like Eicher have better future. In the budget, companies like Royal Enfield will benefit from Stimulus. Trump’s potential tariff on the bike is a risk.
Focus on bata
Anuj Singhal will have a good chance in the fall. After several quarters, the company’s exact number came. Bata saw a slight increase in both Q3 profit and income. Bata’s margin happy, 20.2% is at 21.7% instead. Tax deduction in budget has promoted consumption. If the conjugation theme goes, you will get benefit. There are indications of recovery in rural demand.
Anuj Singhal said that the stock is in a very strong Momentum. The fourth consecutive week is showing a mood of fast. Relative is the strongest bank on strength. Breakout was received from a channel of over 3 years. Good delivery has been purchased for the last few days. The stock is in the new peak zone. Long build-up has been visible in futures for the last three days.
Anuj Singhal said that good shopping is seen in the IT sector. The weak rupee is positive for the IT sector. The 3 -year channel is on the verge of crossing. Good delivery has been purchased for the last 5 days. Out of the last 6, 5 days have been long build-up or short covering while long build-ups were seen in futures yesterday.
Stock Market Crash: Big trend again captured the market, learn from Anuj Singhal what to do traders and investors
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