Jinesh Gopani, Head of Equities At Axis Mutual Fund

Jinesh Gopani, Head of Equities At Axis Mutual Fund

📌 Big events like upcoming elections are the key to look for in markets.

📌 Good monsoon to aid rural sector, increasing bets on same.

📌 Have added technology, consumer and private sector banks to the portfolio                

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Sobha Rises On Plan To Invest Rs 500 Crore In Gujarat

Gold Silver Reports (GSR) – Sobha Rises On Plan To Invest Rs 500 Crore In Gujarat – Shares of the real estate developer rose as much as 3.3 percent to Rs 568. The construction company plans to invest Rs 500 crore for a residential project in GIFT City, Gujarat, according to its stock exchange notification.               

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Bajaj Electricals Surges To Record High After Order Win

Gold Silver Reports (GSR) – Bajaj Electricals Surges To Record High After Order Win — Bajaj Electricals Surges To Record High After Order Win – Shares of the consumer electrical maker rose as much as 7.6 percent to surge to a record high at Rs 665.95. – The company bagged order worth Rs.3577.93 crore from Madhyanchal Vidyut Vitaran Nigam Ltd. from Uttar Pradesh state, according to its stock exchange notification.

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Idea Cellular Gains After Block Deals

Gold Silver Reports (GSR) – Idea Cellular Gains After Block Deals – Shares of the telecom operator rose as much as 3.1 percent to Rs 73.50. About 4.23 crore shares or 1 percent equity changed hands in two block deals, according to Bloomberg data. Buyers and sellers were not known immediately.

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UCO Bank Set For Biggest Drop Since 2003

UCO Bank Set For Biggest Drop Since 2003

Gold Silver Reports (GSR) – UCO Bank Set For Biggest Drop Since 2003  – Shares of the Kolkata-based bank fell as much as 18 percent before trading down about 8 percent as of 11:10 a.m. in Mumbai on Monday. The 10-member Bankex index was little changed.

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