Greener BeeGreen TipsETMarkets Evening Podcast: Trading tips from D-Street experts

Hi there! You are listening to ETMarkets Evening Podcast

This is Swati Verma and I will take you through the motions of today’s session on Dalal Street and bring you cues and trading tips from market veterans for upcoming trading sessions.

After taking a breather for one day, the bulls once again came back in the game helping benchmark indices to scale yet another peak.

BSE Sensex on Thursday settled at a fresh lifetime closing high of 34,503 with IT major Infosys being the top gainer and IndusInd Bank the worst laggard.

Nifty50 closed above the 10,650 level for the first time with 24 constituents in the green and 26 in the red.

Coming to stocks, Som Distilleries jumped over 5 per cent after smallcap czar Porinju Veliyath of Equity Intelligence India bought 1.50 lakh shares of the company on BSE at Rs 197 a share in a bulk deal on Wednesday.

Dredging Corporation dropped over 6 per cent after ET reported that the government may shelve its plan to sell the state-run company to private players.

We have Alok Churiwala, Managing Director at Churiwala Securities to share his views on the factors that are supporting Indian markets at present.

Over to you Mr Churiwala

Byte 1: Alok Churiwala

Shares of IndusInd Bank witnessed the biggest spike in open interest contracts at 39.77 per cent, followed by TCS and Jindal Steel.

Sneha Seth of Angel Broking gives you a lowdown on the FO market.

Byte 2: Sneha Seth

Nifty made a small bullish candle on the daily chart.

The index is likely to consolidate further unless it decisively breaks above 10,660 level.

We have with us Sacchidanand Uttekar of Tradebulls Securities to give us some insights on Nifty behaviour on the charts.

Byte 3: Sacchidanand Uttekar

That’s all for now folks. Do check out ETMarkets.com for detailed market analysis and come back for our regular market podcast on Friday morning. Have a wonderful evening ahead.

Article source: https://economictimes.indiatimes.com/markets/stocks/news/etmarkets-evening-podcast-trading-tips-from-d-street-experts/articleshow/62461523.cms


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