DSIJ Mindshare

Index trend and stocks in action March 05, 2019

DSIJ Intelligence-3 0 919 Article rating: 5.0

Since the last leg of February, we had seen the index confined in a trading range of about 220 points, i.e. 10,720-10,940. Going ahead, only a sustainable move in either direction would lead to some trending move. Till then, the index will remain in a trendless trajectory and we would recommend looking at a stock-specific approach. Stocks in news: HFCL, Jet Airways, JSW Steel, Tata Motors, Indian Hume Pipe, Karnataka Bank, BHEL, Reliance Industries and Kolte-Patil Developers.

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