DSIJ Mindshare

Index trend and stocks in action June 04, 2019

DSIJ Intelligence-3 0 749 Article rating: 5.0

In the coming session, we expect the bias to remain positive as long as Nifty sustains above the 11,970 mark. Thus, intra-day cool-off towards 12,030-12,000 should be used as a buying opportunity. On the higher side, the level of 12,155, followed by 12,200, would be seen as the next resistance zone for the index. Stocks in news: Lemon Tree, Dr Reddy’s Laboratories, Wipro, Zensar Technologies, GE Power India, Saregama India, Mahindra & Mahindra, TCS.

Markets may open on a negative note amid mixed global cues

DSIJ Intelligence-3 0 576 Article rating: 4.7

After a scintillating rally seen in the previous trading session with both the key benchmarks logging fresh all-time high, the benchmark indices may take a breather today at the opening bell as indicated by the SGX Nifty in early action. At the time of writing, SGX Nifty was down by 39 points at 12,079 levels.

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