Top stock picks for today: "NTPC has seen multi-year breakout. It is looking positive on all timeframes. One can buy NTPC shares for a target price of Rs 260, keeping a stop loss placed at Rs 235," Sudeep Shah of SBI Securities told BT TV.
Delta Corp shares will be in focus tomorrow as 28% GST on online gaming came into effect from October 1. Earlier, online gaming platforms paid 18 percent GST on the platform fees.
Cochin Shipyard share price: The counter was last seen trading higher than the 5-day, 20-, 30-, 50-, 100-, 150-, 200-day simple moving averages (SMAs) but lower than the 10-day SMA. The counter's 14-day relative strength index (RSI) came at 59.36. A level below 30 is defined as oversold while a value above 70 is considered overbought.
Top stock picks for today: Given the current scenario, Sudeep Shah told BT TV that his first pick for today would be from the FMCG (Fast-moving consumer goods) space, i.e.: Tata Consumer Products Ltd.