JSW Steel broke out of ascending triangle pattern on weekly charts and trading well above the pattern with positive bias. The momentum indicator MACD is trading well.
Majority of brokerages see Bandhan Bank to report a flattish performance in the NIIs in the range of Rs 2,450-2,525 crore, with NIMs contracting on both YoY and QoQ basis.
Timken India, Aether Industries, Krishna Institute Of Medical Sciences Ltd (KIMS), CreditAccess Grameen, NMDC and Kalyan Jewellers were among midcaps that saw MF buying during the month.
The fall in profit was steeper than expected as most analysts saw the decline to be around 14%. For instance, Axis Securities expected the net profit figure to be around Rs 758 crore.