Defence and pharma plays lineup with 6% profit each
Nifty opened in the positive territory and reached the day’s high but soon lost altitude and closed with a loss.
Stay updated with breaking news from Eris Life. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Nifty opened in the positive territory and reached the day’s high but soon lost altitude and closed with a loss.
Indian market has taken all headwinds in its stride and the action has been very stock-specific as Mid/small caps continue to outperform large caps, Prabhudas Lilladher stated. It lists its top large, mid and smallcap picks for model portfolio.
On Monday 1473 stocks advanced, 2200 declined and 157 remained unchanged, with an advance decline ratio of 0.67 on the Bombay Stock Exchange (BSE). The benchmark was able to maintain a slight gain thanks to active buying in heavyweight stocks, mainly Reliance Industries.
On Tuesday, 1935 stocks advanced, 1549 declined and 118 remained unchanged, with an advance decline ratio of 1.25, indicating a negative closing of stocks in broader markets. The market is now anticipating the Q1 results.
Stocks to Watch today, on Tuesday, July 04: Reliance Jio, the telecom arm of Reliance Industries, has announced the launch of the internet-enabled 'JioBharat' phones, at a price of Rs 999