Heard On The Street: Dealers Spot Action In Ajmera Realty, Havells, Infosys, IndusInd Bank And More
NDTV Profit picked up these signals from deal room chatter during Tuesday's trade.
The markets have been buoyant on Tuesday, with the Sensex rising 1,672 points and Nifty rallying over 2% at the time of publishing. 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 Havells, Infosys, IndusInd Bank, Ajmera Realty and others.
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 dealing room chatter during trade:
Sanghi Movers
Dealers indicate that the share prices of Sanghi have jumped up because wind installations are seeing a sharp jump. Along with this, the street is also expecting some large wind project order wins.
KCP And NCL Industries
Both the south-based cement companies are being accumulated by large, south-based influential HNIs.
Ajmera Realty
Mumbai-based real estate developer Ajmera Realty’s share prices jumped over 4% in trade as dealer checks indicated some positive announcement soon from the company.
Havells And Infosys
The two large-cap companies are seeing diverse flow action. Dealers indicate buy flows on both foreign and domestic institutional desks for Havells. This was the reason why the stock gained over 3% from the day’s lowest point.
For Infosys, there have been positional sell flows on higher levels ahead of the fourth quarter numbers.
IndusInd Bank
The bank has been the eye of the storm owing to forex discrepancies and lower managing director tenure extensions. The recent buzz on the street is that the bank has started the search process for a new MD, and one of the potential candidates includes an ex-HDFC Bank employee as well.
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.
