DSIJ Mindshare

In the previous trading session, Nifty and Sensex ascended to the highest level in four months, where Nifty contentedly settled above its psychological level of 10,500. Auto stocks contributed largely to the rally as the monthly figures showed some optimistic trend, especially in two-wheelers and tractors segment.

The stock of Hindalco Industries Limited has been picked up by our Bollinger Band Squeeze scanner, which suggests that the stock is near a consolidation breakout.

Kolkata-based infrastructure company, GPT Infraprojects announced after trading hours on Thursday that it has received an order worth Rs 102.80 crore from National Highways & Infrastructure Development Corporation Limited (NHIDCL).

The shares of Steel Strips Wheels Limited (SSWL) slipped by 1.32 per cent on Thursday after the company reported its monthly sales numbers for the month of June.

Their partnership will be of great help especially in the current COVID-19 situations, where enterprises are looking to reorganise cash flows.