Heard On The Street: Dealers Spot Action In Shriram Finance, ONGC, IndusInd Bank, Sun Pharma Among Others

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 Shriram Finance, NMDC, ONGC, IndusInd Bank, IOL Chemicals, Sun Pharma, SBI Life and Crompton Consumer.

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:

Shriram Finance

Dealers indicate that the selling of the large global asset management company is likely over in Shriram Finance.

NMDC and ONGC

There are delivery-based purchases on the DII desk in trade today.

IndusInd Bank

Dealers indicate that large HNIs are taking a high-risk bet on IndusInd Bank ahead of Q4 earnings. The general market perception is that the worst of the news flow seems to be priced in.

IOL Chemicals and Elin Electronics

Large influential investors have bought shares in both these counters from the open market.

Sun Pharma, SBI Life and Crompton Consumer

Dealers indicate that Sun Pharma is seeing delivery-based buying on the FII desk, while SBI Life and Crompton Consumer are seeing delivery-based selling on the FII 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.