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Trade Spotlight: How should you trade ACME Solar Holdings, Thermax, Sun TV Network, NTPC Green Energy, GE Shipping, and others on March 20?
The market is expected to see consolidation with range-bound trading after the severe correction. Below are some short-term trading ideas to consider.
Gujarat Energy shares decline 1.6%; Nomura says selloff is an opportunity. Here's why
Nomura said the ceasefire has improved LPG supplies as shipping traffic gradually returns to normal, resulting in better propane availability and lower prices
Aegis Vopak, Gujarat Pipavav shares fall up to 7% as shipping, logistics stocks slide on global supply disruptions
The weakness in shipping and logistics stocks today comes amid rising uncertainty in global trade and energy markets after the conflict in the Middle East disrupted tanker movements through the Strait of Hormuz.
Stocks to Watch Today: Hindustan Unilever, Ramky Infrastructure, BSE, Gujarat Gas, Sundram Fasteners, Omnitech Engineering in focus on 5 March
Stocks to Watch, 5 March: Stocks like Hindustan Unilever, Ramky Infrastructure, Cyient, Protean eGov Technologies, BSE, Polycab India, Great Eastern Shipping Company, Gujarat Gas, and Omnitech Engineering will be in focus on March 5.
Adani Ports, Aegis Vopak fall up to 6%; shipping, logistics stocks sink on Strait of Hormuz disruption fears
Among the sharpest losers in shipping and logistics stocks were Adani Ports and Special Economic Zone, Aegis Vopak Terminals and Essar Shipping, falling 5-6 percent each. The sell-off in logistics and port stocks comes as crude oil prices surged amid the Middle East conflict.