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Stock Picks: Biocon, IDBI Bank,From Wipro to Indiabulls Hsg, hot stocks to buy

Here Are The Stocks To Watch Out For In Today’s Trade 

 Moody’s upgraded IDBI Bank’s ratings across various instruments in view of significant capital infusion by LIC. The long-term local and foreign currency ratings have been upgraded by three notches to ‘Ba2’ from ‘B1’.

Infosys partnered with HPE GreenLake for consumption- based IT models for smart infra investments. Bharat Financial Inclusion comp


 Bharat Financial Inclusion completed its sixth direct assignment worth Rs 832.3 crore to a public sector bank in the financial year 2019. 

MEP Infra’s arm entered into a concession contract with NHAI for HAM project in Maharashtra for Rs 567.8 crore. 

InterGlobe Aviation: InterGlobe Aviation, owner of India's biggest airline by market share IndiGo, said its third-quarter profit slumped 75 per cent to Rs 191 crore, dragged down by higher crude prices and intense competition.

Earnings today: Nearly 75 companies including YES Bank, UltraTech Cement, Biocon, Reliance Power, PNB Housing Finance, PVR and Kamdhenu are slated to announce their December quarter results later in the day.

Bharti Infratel: The tower company on Wednesday posted an 11 per cent rise in consolidated net profit at Rs 648 crore for December quarter. The company said the consolidation phase in the Indian telecom industry along with exits of co-locations (exit of tenants from common mobile towers) is largely over.

Britannia: Britannia Industries could soon make its way into the benchmark Nifty 50 index. According to an analysis by ICICI Direct, oil marketer Hindustan Petroleum Corporation (HPCL) or telecom tower company Bharti Infratel could be excluded from the index to make way for the Wadia group flagship firm.

Indiabulls Hsg
Current price: Rs 779
Target price: Rs 765
Keep a stop at Rs 785 and
go short.
Add to the position between Rs 769 and Rs 772.
Book profits at Rs 765.

COMPANYPRICE()CHG()CHG(%)VOLUME
NAVKAR CORPORATE.49.603.407.3621800
UJJIVAN FIN.SER.303.6019.206.75346652
INTERGLOBE AVIAT1155.1047.154.26167241
OBEROI REALTY458.0017.553.9812631
SUNTECK REALTY346.6012.653.7912154

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