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Stock sustaining above the recent cup & handle breakout area and MACD in buy mode.

Now, the Nifty50 has to hold above 17850 zones for an up move towards 18050 and 18123 zones whereas supports are placed at 17850 and 17777 zones,” recommends Taparia.

The Nifty IT index was trading 0.59 per cent up at 29436.45.

A total of 4,978 shares changed hands on the counter till time (IST).

Pidilite Industries, incorporated in the year 1969, is a Large Cap company (having a market cap of Rs 124523.08 Crore) operating in Diversified sector.

The prevailing supply-side constraints pose uncertainties over the company’s short-term growth rates.

"It does not make sense to book your winners now; rather use this time to get rid of some of the losers and we are doing that in all our portfolios anyways. Just re-jigging the portfolio as results come by, we will get a better view. This is one of the few quarters when one gets a decent one year to have performed.”

When a company goes ex-dividend on a particular date, its stock does not carry the value of the next dividend payment. Usually, an ex-dividend date is set one or two days before the record date.

“One of the good things in the outreach programme is the trust and belief and loyalty of Bank of Maharashtra customers. Typically, my CASA is in the range of 50% to 54%, which is the average and that is the real good base of the customer which Bank of Maharashtra is having.”

"There are slippages, but it is not overwhelmingly large, like we used to see in the earlier cycle. Coming back specifically to your question, it has to be very bank specific. Potentially, we have to see the merger of HDFC and HDFC Bank being consummated and then we have to see how Kotak would like to take its deposit growth forward."