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The recommendations provided in this column are taken from various market sources such as brokers, analysts, dealers and investment strategists, etc. These recommendations may not be backed by strong fundamentals. Therefore we advise readers to use their own discretion before investing in these recommendation

MAJOR BENEFICIARY 

Bharti Airtel
BSE Code: 532454
CMP: Rs 439.95 

The Telecom Regulator Authority of India (TRAI) announced that it will now scrap IUC from January 1, 2021 instead of next month. One of the major beneficiaries of this move would be Bharti Airtel and the stock could see a decent upmove in the coming weeks. Bharti Airtel has been one of the big beneficiaries of the IUC and this extension will compensate part of the AGR charge payable. It may be prudent to accumulate this stock for short-medium term perspective.

RATINGS UPGRADE 

SAIL
BSE Code: 500113
CMP: Rs 40.85 

The prices of steel stocks have seen a decent surge in the last week or so. Recently, brokers have upgraded ratings on steel stocks, citing likely increase in global steel prices. Some HNIs and active traders are reportedly becoming energetic on this counter in anticipation of some big announcement due to which, it is likely to witness a spurt in its price in the coming days. Risk-takers can go for this scrip and hope to make some quick buck.

STOCK ACCUMULATION 

Balrampur Chini Mills
BSE Code: 500038
CMP: Rs 170.10

Selected sugar stocks are back in the reckoning, and the stock of Balrampur Chini Mills is one of the favourite of a technical analyst working with a reputed broking firm and one of the birdies has informed us that he has been advising his clients to buy this stock for an aggressive target on the higher side. Accumulation in the stock can be seen as there has been a surge in the volume over the last couple of weeks and the price action has also been good. Traders with a risk appetite may buy this stock.

ROBUST VOLUMES 

Avanti Feeds
BSE Code: 512573
CMP: Rs 540.25 

One of the most popular stocks with investors sometime ago has once again come to limelight and this time, the stock has surged sharply in the last week or so along with robust volumes. There is a buzz in the market that bull operators and some of the well-known investors of D-Street are accumulating the stock. Investors and traders with a high risk appetite can jump on to the bandwagon and hope to make some quick buck as our sources suggest that the stock may continue its northward movement.