Lloyd Engineering, NMDC, RBL Bank, Orient Cement, Tube Investments Buzzing On Dealer Desk
NDTV Profit picked up the following cues from the dealing room chatter during trade.
The BSE Sensex rose 0.30% to 84,004.69 and NSE Nifty 50 was up 0.33% at 25,634.15 as of 2:11 p.m. on Friday. NDTV Profit 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 Lloyd Engineering Works Ltd., NMDC Ltd., RBL Bank, Orient Cement Ltd., city gas distribution firms and Tube Investments of India Ltd.
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:
Lloyd Engineering
Dealers indicate strong buy flows on high net-worth individuals' desk. Nearly six crore shares have traded in last couple of trading sessions and delivery volumes are expected to be on the higher side.
NMDC
There are sell flows on large high net-worth desk on expectations of a price cut announcement.
RBL Bank
There are buy flows on foreign institutional investor desk. Dealers expect a positive note to be released from a foreign broking firm.
Orient Cement
Dealers indicate that large high net-worth individuals have started to accumulate Orient Cement as the stock has underperformed massively and the South based cement company’s earnings are expected to be good.
City Gas Distributors: MGL, IGL, Adani Total and Gujarat Gas
Smart investors are betting on city gas distribution companies on falling LNG prices. China’s LNG imports are falling, which could lead to oversupply in the market.
Tube Investment
Dealers indicate that both domestic and foreign institutional investors have been actively buying for the last couple of trading sessions.
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Disclaimer: NDTV Profit is a subsidiary of AMG Media Networks Limited, an Adani Group Company.
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.
