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Pune: Yesterday, RBI Governor, Y V Reddy stated that the deceleration in inflation that dan

Technical Analyst, Ashwani Gujral is of the view that Reliance Energy can touch Rs 720.

Mr. Gujral said that Tata Power and Reliance Energy are the strongest options. Reliance Energy beyond Rs 580 is poised to go up to Rs 720 and for Tata Power, Rs 620 is a key level that should probably be headed in the direction of Rs 750-760.

“I think some rub off from the capital goods space, those electrical equipment stocks is now rubbing off even to the energy stocks,” He added.

Madurai: Congress applicant K.S.K Rajendran won the Madurai West assemblage electorate by a ma

Technical Analyst, Ashwani Gujral is of the opinion that Housing Development Finance Corporation (HDFC) has aim of Rs 2200.

Gujral stated, “I think definitely financial space has a lot of strength, the PSU sector was lagging but now with inflation coming down, I think PSU banks will also catch up.”

One will see Rs 1350 shortly on HDFC Bank as it has made a fresh breakout, and HDFC is now hovering to attain a target of 2200.

C & C constructions trading up 2.04% to Rs 209.60 after its combined deal secured a Rs 400-crore road pact in north India from the National Highways Authority of India.

The scrip touched a high of Rs 214 and a low of Rs 200.15 during the day. On BSE, 1.75 lakh shares of the scrip were traded. In the last one quarter, the stock had an average daily volume of 81,195 shares on BSE.

Torrent Pharma ascended 6.61% to Rs 257.95 and topped gainers in BSE’s ‘A’ group shares. The other gainers in the list were ABB, LIC Housing Finance, Reliance Energy and GMR Infrastructure.
Freshly, Torrent Pharma Ahmedabad based healthcare company had instigated Rimonabant, which is an anti-obesity molecule, for the first time in India under the trade name Rimoslim. The drug aims many cardio-metabolic risk factors that can lead to obesity, type 2 diabetes or dyslipidaemia.