Stocks to watch today on January 29: Maruti, TVS Motor, IRCTC, GHCL, Cummins, Pidilite, Tata Chemicals among others are the top stocks to watch out for in Friday strading session
NEW DELHI: Nifty reversed its two-session bearish trend with a broader rally and formed a big bullish candle on the daily chart on Tuesday.
Manish Hathiramani, proprietary index trader and technical analyst, Deen Dayal Investments said, “If we manage to get past this level, we should be headed to 14,800-14,900. The index has made a strong base at the 14,200 levels, which acted as good support. Going ahead, earnings and global cues would remain on the participants’ radar. Besides, we’re also seeing noticeable buzz across the sectors in run up to Budget. We feel it would be prudent for the markets to spend some time around the current levels. Meanwhile, there’ll be no shortage of trading and investment opportunities, thanks to prevailing earnings season and upcoming budget. Amid all, we suggest not to go overboard and stick to the quality names and accumulate them on dips, said Ajit Mishra, VP - Research, Religare Broking.
Bajaj Healthcare announced that Maharashtra Pollution Control Board
(MPCB) has issued a notice directing the closure of operations at its factory premises situated at Plot No.
N -178, MIDC, Tarapur, Boisar - 401 506 for alleged violation of the provisions of Water (Prevention and Control of Pollution) Act, 1974, Air (Prevention and Control Pollution), Act, 1981 and the Rules made thereunder.
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