Dealing room buzz: DLF, Britannia, SBI, Arvind, HPCL

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.

DLF: Dealers indicate major HNIs buying in trade. They expect the stock to touch intra-day target of Rs 168-170.

The stock was at Rs 163, up 2.64 per cent, on the NSE. It touched a high of Rs 164.20 and a low of Rs 158 in trade today.

Britannia: Dealers expect results to beat street estimates. PAT may be 18-20 per cent higher than estimates.

The stock was at Rs 936, up 2.09 per cent, on the NSE. It touched a high of Rs 948 and a low of Rs 916.90 in trade today.

SBI: Desks indicate FII accumulation in the stock.

The stock was at Rs 1,741.15, up 1.43 per cent, on the NSE. It touched a high of Rs 1,743.65 and a low of Rs 1,716 in trade today.

Arvind: Dealers suggest buying ahead of earnings.

The stock was at Rs 104.20, up 0.87 per cent, on the NSE. It touched a high of Rs 105 and a low of Rs 102.60 in trade today.

HPCL: Crude prices fall below 200-day average. Chartists say crude is structurally looking weak.

The stock was at Rs 199.55, up 0.08 per cent, on the NSE. It touched a high of Rs 201.45 and a low of Rs 198.20 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.