Me
Chana dropped Rs 12 and settled at Rs 2612 per quintal weighed by continued profit-booking and hopes of fresh arrivals in the domestic market. Harvesting is expected to commence in 8-10 days time. The total daily arrivals of chana increased to 65 motors from 35 motors reported previously. In Delhi spot market, chana fell down by -44 rupee to end at 2642.2 rupee per 100 kgs. The volume was noted at 73930 lots. Support for chana is at 2597 below that could see a test of 2583. Resistance is now seen at 2630 above that could see a resistance of 2649.
Pepper February 
Guar yesterday we have
Nickel yesterday traded with the positive node and settled 2.41% up at 1254.6. Some support had been seen from the LME stock also which came down by -258mt, the total stock at LME is now at 134040mt. In yesterday's trading session nickel has touched the low of 1230 after opening at 1230, and finally settled at 1254.6. For today's session market is looking to take support at 1237.7, a break below could see a test of 1220.9 and where as resistance is now likely to be seen at 1263.7, a move above could see prices testing 1272.9.Motilal Oswal Financial Services has reiterated its BUY recommendation on Coforge with a target price of Rs 1,900, implying an upside potential of nearly 30% from the current market price of Rs 1,4
News in Focus
Featured, India Business, Analyst View, Stock Markets, Anand Rathi, India, RateGain Travel Technologies, Retail Sector
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Main Regional Stories
Mumbai-based brokerage Motilal Oswal Financial Services Ltd (MOFSL) has reiterated a BUY rating on Nuvama Wealth Management, setting a one-year price target of Rs 1,860 — implying 23% upside from the stock's current market price of Rs 1,510.
ICICI Securities, through its retail research arm ICICI Direct, has reaffirmed a Buy rating on City Union Bank (CITUNI), pegging a 12-month target price of Rs 240 a share against a current market price of Rs 204 — an implied upside of 18%.
Geojit Investments has reiterated a BUY call on PVR Inox Limited, setting a 12‑month target price of Rs 1,189 versus a current market price of Rs 976, implying an upside of about 22 percent for investors.
Prabhudas Lilladher has reiterated a BUY call on Ultratech Cement with a target price of Rs 13,835 per share, implying meaningful upside from the current market price of Rs 10,997.
