Heard On The Street: Dealers Spot Action In GAIL, Adani Green, JSPL, IndiGo Among Others
NDTV Profit picked up the following cues from the dealing room chatter during Tuesday's trade.
Indian markets have witnessed muted trade on Tuesday, with the Sensex and Nifty trading near their day's lows 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 GAIL, Adani Green, JSPL, IndiGo, Inox Wind, IGL and MGL.
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:
GAIL, Adani Green and JSPL
Multiple dealing rooms are suggesting their clients to buy GAIL and Adani Green and sell JSPL. These are positional calls given on technical levels.
InterGlobe Aviation
Dealers indicate that there is a buzz of potential block deal by promoter post earnings. The Gangwal Group owns 13.5% stake in the company.
Inox Wind
Large HNIs have been accumulating the counter on expectations of strong Q4 earnings.
IGL and MGL
Dealers indicate that there is a buzz of an additional cut in gas allocation towards CGD. The current allocation is anywhere between 37% and 39% and this could come down to 33%.
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.
