Dealing Room Buzz: Religare Enterprises, Tata Chemical, SAIL, Dr. Reddy's Laboratories

NDTV Profit India has been tracking the action in the top dealing rooms of India’s financial capital, and this edition of ‘Heard On The Street’ provides you with buzzing action on stocks like Religare Enterprises, Tata Chemical, SAIL and Dr. Reddy's Laboratories.

Heard On The Street provides readers with what well-informed investors, especially HNIs, FIIs, DIIs, and mutual funds, are buying and selling in the stock market. It also tracks the latest unconfirmed/unverified chatter around stocks and/or sectors.

NDTV Profit picked up the following cues from the dealing room chatter during trade:

Religare Enterprises

Buy flows continue on this counter as dealers indicate that the RBI approval regarding lending business is expected to come soon. Most likely post-fund infusion from promoters and investors, this approval is likely to come.

Tata Chemical

Dealers indicate that large, high-net-worth individuals are accumulating this counter, as channel checks indicate there has been an uptick in soda ash prices.

SAIL and Dr Reddy

Dealers indicate that there are sell flows on the high-net-worth individual desk in anticipation of weak Q1 earnings.

Disclaimer: The mentioned stocks capture NDTV Profit's dealing room channel checks during trading hours. The information provided is for informational purposes. However, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the information. This content does not constitute financial, investment, or trading advice and should not be construed as a recommendation to buy, sell, or hold any securities.