Page 2 - Orient Cement News Today

Looking ahead, the level of 48,636 poses an immediate resistance as it represents the previous high reached in December 2023

Stocks to buy: Analysts recommend buying HUL, AU Small Finance Bank, Orient Cement, West Coast Paper Mills, NBCC, Railtel Corp. Positive trends indicated with potential upside targets. Check with experts before investing. Disclaimer: Views not of Mint.

Traders are advised to accumulate longs in Nifty with a stop-loss of 22,000 on the closing basis.

Looking ahead, the short-term support level has been adjusted to 22,000 for the current week starting from April 1, underscoring the dynamic nature of market trends and the importance of vigilant analysis in navigating fluctuations.

Stocks to buy: Stocks like IPCA Laboratories, Mrs. Bectors Food Specialities, and ICICI Prudential Life Insurance are recommended buys with potential upside ranging from 9% to 17%.

HIL Limited acquires Topline brand and four associated companies, expanding their presence in the PVC pipes segment. The acquisition nearly doubles their SKU offerings and provides access to patented technologies. It enhances their brand, presence in government projects, and strengthens their position in the Indian market.

From here on, if Nifty has to sustain at higher levels, contribution from the heavyweight banking space is a must. Since it is struggling around the bearish gap, it is better to wait for further clarification to project higher levels in Nifty, says Osho Krishan, Sr. Analyst - Technical & Derivative Research, Angel One.

DPIIT: The exercise is important as cement production data is used by the government for policy decisions and for calculating the index of industrial production (IIP).

Revenue increased by 2.6% YoY & profit increased by 63.5% YoY

(This story has not been edited by THE WEEK and is auto-generated from a PTI