Hold Sobha Developers (Rs 257) and add at sharp declines for medium to long term.
Keep a stop loss near Rs 235 for short term.
Hold Tech Mahindra (Rs 1415) and add at declines for medium term.
The stock could give 8 - 10% gains in the short term.
The market is off to a listless start this morning with the rupee declining sharply against the U.S. dollar.
After closing at 66.55 on Thursday, the rupee opened weak this morning, and is currently hovering around 67.75 against the greenback.
The Sensex is down 48 points or 0.25% at 18,353.04. The Nifty is down 20.60 points or 0.38% at 5388.45.
Power, capital goods and FMCG stocks are trading weak.
Realty and IT stocks are finding modest support.
Keep a stop loss near Rs 235 for short term.
Hold Tech Mahindra (Rs 1415) and add at declines for medium term.
The stock could give 8 - 10% gains in the short term.
The market is off to a listless start this morning with the rupee declining sharply against the U.S. dollar.
After closing at 66.55 on Thursday, the rupee opened weak this morning, and is currently hovering around 67.75 against the greenback.
The Sensex is down 48 points or 0.25% at 18,353.04. The Nifty is down 20.60 points or 0.38% at 5388.45.
Power, capital goods and FMCG stocks are trading weak.
Realty and IT stocks are finding modest support.
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