Potential breakout buys: SBI, HDFC AMC among 10 stocks to consider for Feb expiry week Swing low of 12037 was observed on February 17 is likely to act as crucial support while 12246 remains (swing high of February 14) to be the first resistance level.
FMCG Wrap: A round-up of FMCG bigwigs performance during Oct-Dec quarter FMCG major Hindustan Unilever (HUL), reported a double digit profit growth in the October-December quarter at 11.9 percent.Cigarette-hotel-to-FMCG major ITC recorded huge 29.07 percent
Stocks in the news: HUL, Tata Motors, ITC, SBI, Tech Mahindra, Kotak Mahindra Bank Hindustan Unilever | ITC | State Bank of India | Tech Mahindra | Vedanta | J&K Bank | Power Grid and Alembic are among the stocks that are in the news today.
Experts say these stocks are likely to gain the most if income tax is tweaked A reduction in personal income tax will lead to higher consumption and will be positive for many sectors, especially autos and consumers, said experts.
Trade Setup for Thursday: Top 15 things to know before Opening Bell On January 30, the market is expected to react to F&O expiry, US Fed meeting outcome and earnings of companies like Colgate, Dabur, Bajaj Auto, IOC, Marico and Tata Motors.
Marico's new plant situated at Sanand in Ahmedabad, Gujarat to manufacture personal care products has successfully commenced its commercial production on 28 January 2020. This is the first plant of the company in Gujarat which is now operational.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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