Shares of PNB Housing Finance dropped over 8% to the day’s low at Rs 724 in Wednesday’s trade on BSE following a large block deal in which 2.7% equity changed hands. The specific buyers and sellers involved in the transaction remain undisclosed. However, media reports suggest that Asia Opportunities V Mauritius and General Atlantic Singapore…
Target Price: Rs 600Stop Loss: Rs 526 On a weekly time frame, Hindustan Petroleum Corporation Ltd has given a breakout of the Pennant Pattern on the upside forming a continuation pattern. On the EMA front, the prices are trading above important EMA’s (14,21,50) price trading above all the three EMA which indicates bullishness in the…
Indian equity indices opened lower on Tuesday as hawkish comments from key U.S. Federal Reserve officials weighed on investor sentiment, while sustained foreign selling ahead of the final two phases of national elections was expected to keep volatility high. The BSE Sensex was trading 206 points or 0.28% lower at 73,812. Nifty50 was trading at…