Informed Intelligence

BUILDING WELL

LIC HOUSING FINANCE

BSE Code: 500253
CMP: Rs 157
Volume: 501268

The volumes are on the higher side, and the stock has been witnessing good buying interest for the past few sessions. As per the market buzz, it is expected to show better price performance going ahead. The launch of two new loan schemes and the recent RBI circular on linking home loans to stages of construction are likely to act as positive triggers for the stock going forward. The stock can be looked at from a short-term trading perspective.

A FINE WEAVE

CENTURY TEXTILES & INDUSTRIES

BSE Code: 500040
CMP: Rs 211
Volume: 151859

Investors may be wondering why this stock is making news in the markets. It is believed that with the depreciating rupee, the textile business of this company is likely to be in the forefront. The movement in the stock with better volumes suggests that the stock has caught the attention of many HNIs and market participants. Market sources suggest that this news is yet to be discounted in the stock prices, and a further up-move from the current levels cannot be ruled out. One can look at this counter for short-term trading gains.

SHOWING ITS METTLE

HINDALCO INDUSTRIES

BSE Code: 500440
CMP: Rs 105
Volume: 1746818

Metals stocks have been at the forefront, and the market is expecting this stock to outperform its peers. The stock has been witnessing huge volumes in the last few sessions and has remained one of the favourite counters with traders in the last week. According to market sources, the stock is likely to witness a further upward move from its current levels. Based on these assumptions, market participants have taken long position in the stock in the past few trading sessions. The stock can be looked upon from a short-term perspective.

BOUNCING BACK

MARICO

BSE Code: 531642
CMP: Rs 210
Volume: 5857

The stock has remained subdued in terms of its performance on the bourses for the last one month. But in recent trades, better volumes have been witnessed in the counter. Market sources suggest that this is an opportune time to get into the stock as it has corrected and buying by institutions has already begun in the counter. Hence, a northbound journey in the stock cannot be ruled out. Traders with a high risk appetite can look at this counter to make some quick gains.