Dealing room buzz: Arvind, Bank of Baroda, Unitech, M&M, IGL

MUMBAI: ET Now spoke to dealers on institutional and high net worth investors’ activity in the dealing room. The following stocks are on their radar on market buzz.

Arvind: Dealers indicate DII accumulation in the stock. They expect the stock to gain 5-7 per cent in the short term.

The stock was at Rs 131.15, up 2.70 per cent, on the BSE. It touched a high of Rs 131.40 and a low of Rs 125.65 in trade today.

Bank of Baroda: Dealers suggest buying on strong technical trends.

The stock was at Rs 657, up 1.92 per cent, on the BSE. It touched a high of Rs 659.30 and a low of Rs 644.05 in trade today.

Unitech: Dealers indicate HNI accumulation in stock.

The stock was at Rs 16.85, up 0.30 per cent, on the BSE. It touched a high of Rs 17.05 and a low of Rs 16.60 in trade today.

M&M: Dealers suggest shorting the stock as November auto sales disappoint.

The stock was at Rs 949.20, up 0.38 per cent, on the BSE. It touched a high of Rs 951.90 and a low of Rs 932.35 in trade today.

IGL: Domestic institutional investors are buyers in trade today, say dealers.

The stock was at Rs 282.30, up 1.36 per cent, on the BSE. It touched a high of Rs 284.90 and a low of Rs 281.50 in trade today.

Manapuram Finance: HNIs are buyers in trade today, say dealers. They expect short-term upmove of 15 per cent.

The stock was at Rs 16.90, up 3.05 per cent, on the BSE. It touched a high of Rs 17.30 and a low of Rs 16.60 in trade today.

Disclaimer: The above report is based on market buzz and information given by dealers. Please consult your financial advisor before taking any position in the stocks mentioned.