Thursday, 25 February 2016

Today’s Stock Recommendation

Technical Overview: Stock recommendation for 25/2/2016 is Ajantapharma ltd. In today’s trading session it was up by 3.39%. Its long term trend is up. It has made a long green candle indicating further buying in daily chart. Its short term support level is 1315. All the indicators are suggesting that one can go for long position in this stock above 1340 levels. The stock may test level of 1360-1370 in coming days.

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LIVE: Sensex, Nifty open flat ahead of Rail Budget, F&O expiry; Tata Motors, ONGC up
The BSE Sensex and NSE Nifty opened on a flat note with positive bias on Thursday tracking mixed global markets. Sensex opened 16.23 points up at 23,105.16, while NSE Nifty opened 11.15 points up at 7,029.85.
Indian Rupee Update
Indian rupee rose by 7 paise to 68.50 against the dollar in early trade on Thursday at the Interbank Foreign Exchange market on fresh selling of the US currency by banks and exporters.
Sensex was down 24 points at 23,064. Nifty was down 12.45 points at 7,006.Shares of Axis Bank were trading 0.35 per cent down at Rs 385.20. The bank has decided to increase its headcount in the next financial year by 10 per cent, after going slow on hiring for two years. The country’s third largest private sector lender had increased its headcount to 42,420 from 21,640 at the end of March 2010. But in 2014-15, the number of employees fell, even as the bank increased the number of branches from 2,402 to 2,589.

1 comment:

  1. Trend in FII flows: The FIIs were net buyers of Rs –29.92 the cash segment on Monday while the DIIs were net sellers of Rs 272.69 as per the provisional figures.capitalstars payment