Hot Stocks | D-Link India, Apollo Pipes, Pricol may fetch 13-16% return in short term
The elevated Put-call ratio and the rise in India's VIX suggest a cautious sentiment and the possibility of profit-booking at higher levels.
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The elevated Put-call ratio and the rise in India's VIX suggest a cautious sentiment and the possibility of profit-booking at higher levels.
The index is likely to consolidate in the monthly F&O expiry week, and if the index takes support and rebounds, then 18,700-18,900 could be the resistance area, whereas 18,500-18,450 could be the next crucial support in case of correction in coming sessions
D-Link India was down nearly 4 percent to Rs 225. Ace investor Ashish Kacholia has sold further 3.69 lakh equity shares in the networking products manufacturer at an average price of Rs 227.91 per share.
Based on the OI percentage, 51 stocks were on the short-covering list. These included Petronet LNG, Deepak Nitrite, Coforge, Hindustan Petroleum Corporation and Can Fin Homes
Based on the OI percentage, 85 stocks, including Britannia Industries, United Breweries, Can Fin Homes, Navin Fluorine International and Hindustan Aeronautics, saw long buildups.