Dealing room buzz: Maruti, Tata Power, HCL Tech, Hindalco

Maruti Suzuki: Big domestic fund is offloading shares, say dealers. Estimated selling is expected to be worth $5-10 million.

The stock was at Rs 1,655.20, up 0.27 per cent, on the BSE. It touched a high of Rs 1,668 and a low of Rs 1,640 in trade today.

Tata Power: The stock is likely to see some upside after nod for tariff hike in Mundra Power project.

The stock was at Rs 79.05, down 0.50 per cent, on the BSE. It touched a high of Rs 79.75 and a low of Rs 78.35 in trade today.

HCL Tech: FII buying is seen in the stock. JP Morgan has maintained ‘Overweight’ rating and raised target price to Rs 1,250 from Rs 1,100.

The stock was at Rs 1,081.65, down 0.41 per cent, on the BSE. It touche ..

Hindalco: Domestic insurance funds are buyers in trade, say dealers.

The stock was flat at Rs 120.90 on the BSE. It touched a high of Rs 122 and a low of Rs 119.15 in trade today.

Nestle India: Dealers recommend positional buy positions in the stock. They expect buying related to MSCI rejig over next few days.

The stock was at Rs 5,503.25, down 0.82 per cent, on the BSE. It touched a high of Rs 5,574.90 and a low of Rs 5,503.05 in trade today.

[Source: economic times]

Disclaimer: The above report is based on market buzz and information given by dealers. Please consult your financial advisor before taking any position in the stocks mentioned.

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