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IndiGo, Cipla among 5 stocks with short buildup

Updated at : 2024-07-29 13:55:01

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​A short buildup is when there is a rise in open interest and volumes along with a decrease in the price of the underlying stock in the Futures and Options segment.

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​So, to that extent we are seeing a bit of a return of the risk on trade in the global markets. We have the Fed meeting this week. People are expecting some dovishness out there. So, I think a kind of environment of a little bit of risk on is being set up globally and we are benefiting from that.

​Consumption, especially premium consumption is what we were bullish on. The second big theme was physical asset creation, which includes the whole gambit of infrastructure, real estate, capital goods and, of course, the themes that we talked about, which is aerospace, defence, etc, where there is intense focus by the government in terms of policy action, as well as encouraging local production.

Ceigall India set an IPO price band of Rs 380-401, open from August 1 to 5, raising Rs 1,186.11 crore. The offering includes a fresh issue of Rs 617.69 crore and an offer for sale. Proceeds will be used for equipment purchases, debt repayment, and general corporate purposes.

Tube Investments shares up 0.27% as Sensex rises

Updated at : 2024-07-29 13:55:01

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A total of 1,890 shares changed hands on the counter till 12:43PM (IST)

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Promoters held 62.55 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 11.85 per cent and 7.91 per cent, respectively.

Au Small Fin Bank shares fall 0.05% as Nifty gains

Updated at : 2024-07-29 13:55:01

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The stock quoted a 52-week high price of Rs 813.0 and a 52-week low of Rs 554.0.

DLF has developed over 178 real estate projects and developed an area in excess of 349 million square feet (approx.). DLF Group has 220 msf of development potential across residential and commercial segments. The group has an annuity portfolio of over 44 msf.

The Relative Strength Index of the stock stood at 60.71 on Monday.

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