The IPO of GLAND PHARMA will open today. Its price band is between 1490 to 1500 rupees.
08:45 AM
Signs from overseas market
DOW FUTURES is looking up 350 points after spectacular presidential election results. It is also seeing strength in Asia. SGX NIFTY is witnessing a strong bounce of 155 points. China’s exports in October increased by 11.4 percent. Indian markets are eyeing the results of Bihar tomorrow.
Biden will become President of America
Biden has won the election in the US and is set to become president. But Trump has not given up yet. Indian-origin Kamala Harris will become the first female Vice President of the US. Amidst this news, signs from overseas market are fantastic.
NDA-Grand Alliance clash
In the exit polls of Bihar assembly elections, the grand alliance has a big edge. But anyone’s government can be formed. Votes will be counted tomorrow.
Also Read: Check whether you got a share in Equitas Small Finance Bank’s IPO
GLAND PHARMA IPO to open today, delisting will be shares of HEXAWARE
The IPO of GLAND PHARMA will open today. Its price band is between 1490 to 1500 rupees. The company has raised about Rs 1,943 crore from Anchor Investors. At the same time, HEXAWARE’s stock will be delisted from the exchange today.
Corona patients in the country cross 85 million
The number of corona patients in the country has crossed 85 million. In the last 24 hours, 45 thousand new cases have been reported. Yesterday, Delhi recorded over 7700 cases. In Maharashtra, Chief Minister Uddhav Thackeray announced that temples and other religious places will open after Diwali.
Delhi Capitals in IPL final
Delhi Capitals reached the final of the IPL after defeating Sunrisers Hyderabad by 17 runs. Tomorrow it will compete with Mumbai Indians.
Strategy on nifty
Virendra Kumar of CNBC-Awaaz states that the registration zone is 12280-12310. The larger registration zone is 12388-12430. The base zone is 12140-12120. The larger base zone is 12000–12050. The market is flooded with cash. Long stay, buy every fall. According to the data, the new high will come soon PCR may appear significantly above, degradation. 12050-12130 Very important level, buy if found.
Strategy on nifty bank
Virendra Kumar says that its registration zone is 26970-27050. The larger registration zone is 27180-27250. The base zone is 26550-26440. The larger base zone is 26200–26097. Banking stock futures are witnessing a strong breakout. HDFC Bank, Kotak Bank are close to the new high. Buy and buy every fall. 26450-550 and 26100-26200 are excellent levels to buy.
Know today’s trading calls
IDBI Capital
Buy BALKRISHNAIND Stop 1423 Target 1515
derivativetradingresearch.com
Sell Siemens @ 1326 SL 1345 Tgt 1270
Motilal Oswal Securities
BUY HDFC BANK SL 1277 TGT 1370
