News

Rupee opens at 88.41/$ vs Monday’s close of 88.78/$

Mitessh Thakkar, Bonanza Portfolio

Buy Alkem Laboratories with a stop loss of ₹5580 and a target of ₹5730

Buy Biocon with a stop loss of ₹372 and a target of ₹388

Buy Indus Towers with a stop loss of ₹376 and a target of ₹395

Sell KEI Industries with a stop loss of ₹4,050 and a target of ₹3,850

Siddharth Rai Mangala, Sr. Research Analyst, Stockbox Technologies

Buy Alkem Laboratories with a stop loss of ₹5,605 and a target of ₹5,675 and 5,690

Buy Solar Industries India with a stop loss of ₹14,080 and a target of ₹14,300 and 14,350

Here’s a list of stocks that are in focus going into trade today

Here’s a list of stocks that are in focus going into trade today

Here’s how the global market cues are placed this morning

Here’s how the global market cues are placed this morning

Sanjeev Prasad –Kotak Institutional Equities 

The 2QFY26 earnings season shows (1) subdued trends in mass-consumption items but an uptick in select discretionary segments, (2) modest IT services demand and (3) moderate loan growth for banks. Nonetheless, aggregate earnings are ahead of our estimates, with (1) metals & mining and (2) OMCs driving the beat in the KIE universe earnings print.

Model portfolio changes

We increase the weight on RELIANCE by 100 bps to 9.9% and on LT by 70 bps to 2.7% & remove HNDL (170 bps earlier) from model portfolio

The parent company of the financial platform Groww, Billionbrains Garage Ventures Ltd., will begin accepting subscriptions for its initial public offering (IPO) on Tuesday, November 4, and it will end on November 7. The pricing range for the ₹6,632 crore issuance is between ₹95 and ₹100 per share.

With a minimum investment of ₹15,000, retail investors can bid for at least one lot of 150 shares, as well as multiples of that amount.

The National Stock Exchange announced on Tuesday, November 4, that a pre-open session will also be held for the Futures & Options (F&O) segment.

Starting December 8, the Pre-Open session will be held from 9 AM to 9:15 AM, the NSE said in its circular.

Among some of the important stocks that are in focus include Bharti Airtel, Gland Pharma, Zydus Lifesciences and more.

Check Full List Right Here 

TRADE SET UP

GIFT Nifty trades flat, indicating a muted start for the Indian market

The Nifty50 turned range-bound with a positive tilt on Monday following two sessions of severe weakening. Despite starting the day sluggish, the index made a strong recovery from its low of 25,645 in early trading.

The Nifty ultimately closed close to the day’s high, up 41 points at 25,763, after the comeback lost some of its momentum in the second half.

West Texas Intermediate traded near $61 a barrel, while Brent settled just below $65 on Monday. The Organization of the Petroleum Exporting Countries and its allies said at the weekend they planned to hold back from lifting production quotas in the first quarter. That came as the market is widely expected to be headed for a glut.

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