BSE See NSE See 49,099.99
-1,939.32 (-3.8%)
Recommendations from Chemicals & Petrochemicals Sectors

Recommendations from Chemicals & Petrochemicals Sectors


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. 

To read the entire article, you must be a DSIJ magazine subscriber.


Comments are only visible to subscribers.

DSIJ Mindshare

Index trend and stocks in action February 01, 2018

Karan DSIJ / Article rating: No rating

Going forward, immediate support for the index is placed in the region of 10,970-10,990, followed by 10,900. On the upside, the level of 11,172 would be crucial to watch, as a move above this level would lead to an extension of the current leg of the upmove. Top stocks to watch out: Godrej Properties, Bharti Airtel, Hindustan Copper, Fortis Healthcare, Time Technoplast, Wipro, Phillips Carbon Black, Nocil and SBI. 

After initial range-bound movement, expect volatility as Union Budget unwinds

Karan DSIJ / Article rating: No rating

Indian equity benchmarks are expected to make a muted start on Thursday, and until the Union Budget proposals start rolling in, we expect range-bound movement and lots of volatility would be seen with the progress of the session. The big question is whether the FM would maintain the reformist fervour or he would prefer to add a tinge of populism to the budget. The Lok Sabha election in 2019 and the some crucial state elections coming up this year could see the budget tilting more towards populism.