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 Biocon, Cipla, Himadri Speciality, Apollo Hospital, Suzlon, M&M and Kaynes Tech.
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:
Biocon
The stock was under pressure for the last month, but dealers now indicate that the selling pressure is largely over and there could be a positive announcement related to a drug.
Cipla
The stock is reacting to expectations of a big announcement soon.
Himadri Speciality
Dealers indicate some announcement related to a tie-up or a deal is likely. The company will also be attending a couple of analyst conferences next week.
Apollo Hospital and Suzlon
There are buy flows at lower levels on both the counters ahead of the Q1 earnings.
M&M and Kaynes Tech
Dealers indicate there are buy flows on the institutional desk.
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.
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