Mileen Vasudeo says: “I am recommending two stocks here. One is Zydus Life which last time I had seen at Rs 730. Keep a stop loss of Rs 685, target would be Rs 769-797 levels. The second stock is by Divis Lab, currently trading at Rs 5,922. One can keep a stop loss of Rs 5,800 on the higher side. Yes, Rs 6,114-6,240 could be possible.”
Deven Mehta of Choice Broking said investing 50 per cent in largecap stocks, 30 per cent in midcap stocks, and allocating the remaining 20 per cent in smallcap stocks can be a prudent approach.
Mazagon Dock share price: The counter was trading higher than the 5-day, 10-, 20-, 30-, 50-, 100-, 150- and 200-day simple moving averages (SMAs). The counter's 14-day relative strength index (RSI) came at 67.36. A level below 30 is defined as oversold while a value above 70 is considered overbought.
India Business News: Stock market today: BSE Sensex and Nifty50, the two key Indian benchmark indices ended at all time-highs on Wednesday. We take a look at some possible