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Recommendations from Chemicals & Petrochemicals Sectors

Recommendations from Chemicals & Petrochemicals Sectors

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The scrips in this column have been recommended with a 15-day investment horizon in mind and carry high risk. Therefore, investors are advised to take into account their risk appetite before investing, as fundamentals may or may not back the recommendations. 
 

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DSIJ Mindshare

Nifty trend for Thursday

Karan DSIJ / Article rating: 4.9

Nifty has rallied nearly 95 per cent from the lows of March. With this, the index is currently trading up by 29 per cent from the long-term moving average i.e. 200-DMA, and nearly 8 per cent up from the 50-DMA. This indicates that the price is trading too far away from its mean.

Tanla Platforms climbs nearly 4 per cent on launching blockchain-enabled CPaaS platform with Microsoft

Anthony Fernandes / Article rating: 5.0

The stocks of Tanla Platforms Limited were trading up by 4 per cent on Wednesday after the company announced that it has collaborated with Microsoft to launch ‘Wisely’, a blockchain-enabled communication platform-as-a-service (CPaaS) offering built-on Microsoft Azure. 

Sensex, Nifty close at record high: MRF gains 7 per cent, Adani Transmission jumps 9 per cent, Tata Communications tumbles

Geyatee Deshpande / Article rating: 3.3

On Wednesday, the domestic benchmark indices hit record highs, led by IT & auto stocks amidst positive global cues.  Sensex gained by around 393.83 points or by 0.80 per cent to settle at 49,792.12 levels while Nifty rose by 123.55 points or by 0.85 per cent to close at 14,644.75 levels.   

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