Wipro stock emerged among the top gainers of the Nifty 50 pack on Friday’s early trade after securing a $500 million deal from a US communication service provider.
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Thanks to IT stocks, Sensex, Nifty recover
Benchmarks BSE Sensex and NSE Nifty advanced on buying in IT stocks and expectations of a status-quo in the policy rates of the Reserve Bank of India (RBI) which is set to announce its revised monetary policy on Thursday. Besides positive global cues, investors’ interest in oil as gas stocks helped the indices. Also read:Broker’s […]
SEBI curbs stock exchange chiefs’ powers, strengthens MII governance
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F&O Strategy: Buy NTPC Call Option
The outlook for the stock of NTPC (₹330.90) is neutral. Immediate support levels are at ₹311 and ₹287. A close below the latter will change the outlook negative. Nearest resistance levels are at ₹344 and ₹363. A close above the latter will change the outlook positive for NTPC. We expect the stock to move between ₹300 and ₹370 in the near term. F&O […]
