Wed, Oct 18, 2023 11:48 AM
Glenmark launches triple-drug combo for type 2 diabetes
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🚫Balrampur Chini Mills (103.62 percent), 🚫SAIL (99.62 percent), 🚫GMR Airports Infra (98.01 percent), 🚫Vodafone Idea (93.91 percent), 🚫Aditya Birla Fashion and Retail (87.32 percent) and 🚫Biocon (85.46 percent) have been placed on the NSE’s F&O ban for trade on May 7. These stocks are prohibited in the F&O sector because they have exceeded 95% of the MWPL.
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Vaishali Parekh, a seasoned VP- Technical Research at Prabhudas Lilladher, believes that the Indian stock market sentiments may remain cautiously optimistic till the India VIX settles down. Recommendations: 📌NHPC: Buy at ₹101.75, target ₹115, stop loss ₹95; 📌Jindal Steel: Buy at ₹936, target ₹990, stop loss ₹905; 📌Hindustan Unilever Ltd or HUL: Buy at ₹2256, target ₹2400, stop loss ₹2190.
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Indian Overseas Bank (IOB) has put on sale 92 bad loan accounts totalling ₹13,472 crore, including Videocon Industries (₹900 crore), Frost International (₹839 crore) and Rotomac Global (₹750 crore), for a reserve price of over ₹4,000 crore. The sale is the Chennai-based bank's attempt to explore other avenues for recovery.
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