News for Gujarat Sidhee Cement Limited (GSCLCEMENT.NS)

Most analysts and fund managers Moneycontrol spoke to advised caution on the segment, adding, however, that there were 'pockets of opportunity'.

NOTICES Notice No. 20230412-6 Notice Date ... | April 12, 2023

BSE Sensex and NSE Nifty 50 were trading flat with a positive bias on Wednesday, a day before weekly F&O expiry.

Indian equity markets came off day's highs after turning positive as the Reserve Bank of India (RBI) retained the FY23 GDP growth forecast at 7.2 per cent. Sectorally, Banks, Financials, Metals, PSBs and Realty indices held strong gains on the Nifty. While, Auto, Pharma, FMCG and Consumer Durables were subdued.

Focus on IDFC, Aurobindo Pharma, Infosys, Jubilant Foodworks, Escorts, Jubilant Ingrevia, Adani Ports, Gujarat Sidhee Cement, Mphasis

Gaurav Ratnaparkhi, Head of Technical Research at Sharekhan, said the index is headed towards the 16,800 level. "The level of 16,800, which was our medium-term target earlier, now becomes the short-term target and the medium-term target has been raised to 17,500. Thus, the short-term traders are recommended to hold on to their long positions and ride the trend for higher targets," he said.

Net Sales are expected to increase by 57 percent Y-o-Y (down 22 percent Q-o-Q) to Rs. 137.1 crore, according to Arihant Capital.

Check out the companies making the biggest headlines before the opening bell.

Nagaraj Shetti of HDFC Securities feels the short term trend of Nifty is weak with choppy movement.