Indian Stock Market Shows Mixed Trend, ICICI Pru Life and Bharti Airtel Bullish
The Indian stock market is showing a mixed trend today, with some stocks performing better than others. ICICI Pru Life, St Bk of India, Titan Company, I R C T C, and Bharti Airtel are all showing a bullish to mildly bullish trend. On the other hand, Ashok Leyland is expected to hold steady or even see a rise in its stock value.
Among the largecap segment, Info Edg.(India) has been the best performer with a return of 7.03%, while Axis Bank has been the worst performer with a return of -1.00%. The advance decline ratio for this segment is 52 stocks advancing and 49 stocks declining, with a ratio of 1.06x.
Investors should keep an eye on the upcoming results of ONGC, Bharat Electron, P I Industries, Jubilant Food, and Grasim Inds, which are all set to declare their results in the next few days.
In terms of technical calls, some stocks in the large cap index have recently seen an upgrade in their scores, while others have seen a change in their technical calls.
Overall, the large cap segment (BSE 100) is down by -0.05%, showing a slight decline in the market. Investors should carefully monitor the performance of these stocks and make informed decisions based on their individual risk appetite and investment goals.