TODAYS STOCK TO BUY
CASH CALL: BUY LLOYD ELECTRICAL ABOVE 325 TG-328-334 SL-320.
OPTION CALL: BUY SKS MICRO 480 CE ABOVE 13 TG-14-16 SL-11.50.
The S&P BSE Sensex plunged over 100 points in morning trade on Monday, led by losses in Sun Pharma, Infosys, RIL, TCS, HUL, and Wipro.
The Nifty50 was trading around its crucial psychological support level of 7750, weighed down by losses in IT, and pharma stocks.
The Nifty50 was trading around its crucial psychological support level of 7750, weighed down by losses in IT, and pharma stocks.
Shares of Sun Pharma cracked over 7 per cent in trade after the US drug regulator issued a warning letter to the company's Halol facility. SPARC, the pharma giant's listed subsidiary, also fell by over 5 per cent.
Rising for the fifth consecutive trading session, the rupee rose 8 paise to 66.32 against the US dollar in early trade on Monday, in line with gains seen in most Asian currencies.
Most other Asian markets traded mixed on worsening oil crisis. Japan's Nikkei was down 1.38 per cent while the South Korean Kospi traded higher by 0.15 per cent. Hong Kong's Hang Seng index traded with mild gains of 0.3 per cent. Mainland China's Shanghai Composite was up 1.4 per cent.
Rising for the fifth consecutive trading session, the rupee rose 8 paise to 66.32 against the US dollar in early trade on Monday, in line with gains seen in most Asian currencies.
Most other Asian markets traded mixed on worsening oil crisis. Japan's Nikkei was down 1.38 per cent while the South Korean Kospi traded higher by 0.15 per cent. Hong Kong's Hang Seng index traded with mild gains of 0.3 per cent. Mainland China's Shanghai Composite was up 1.4 per cent.
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