Last close : 16512.35
NESTLEIND has slipped 5.4% after the earnings report
Stock finding a support around 16450, If breaks and holds below the level
Expecting more weakness up to 16100, 16000 and 15750
Facing a resistance at 16600 and 16850
FM announced Rs 30,000 Crore special liquidity scheme for NBFC (Non-Banking finance company) and HFC (Housing finance company)
So beneficiary stock is AUBank, Bandhanbank, Rblbank and Icicibank
Infrastructure – If India wants to capture manufacturing growth then needs to develop infrastructure
So beneficiary stocks is LT, Knrcon, Pncinfra and RVNL
Healthcare/ Medical Equipment Manufacturer
So beneficiary stocks is STAR, Sunpharma, Cipla, Apllohosp and Drlalpath
Updated : 08.19 AM / 14th May 2020
