Trade Spotlight: How should you trade TCS, Airtel, PFC, BEL and others?
The market sentiment seems to be positive for now. Here are some trading ideas for the near term.
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The market sentiment seems to be positive for now. Here are some trading ideas for the near term.
Siddhartha Khemka of MOFSL highlights the value of PSUs like Bharat Electronics and discusses various trends including Zomato, urban and rural consumption, two-wheeler sector, shipyard names, Vodafone, and Bharti Airtel. Khemka further says: "Among the PSUs, those in the capital goods space, defence, railways, power, utilities, metals definitely have a runway of growth."
On the options front, in the BEL May series, there is significant call open interest concentration at Rs 230, 235, and 240 strikes, with substantial additions of open interest observed on the put side at the Rs 230 strike
The stock quoted a 52-week high price of Rs 241.5 and low of Rs 105.75.
A total of 1,154,519 shares changed hands on the counter till time (IST).