Dealing room buzz: Idea, Aban, Maruti, Apollo Tyres, Bajaj Auto

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.

Idea Cellular: Domestic insurance companies are buyers in trade, say dealers.

The stock was at Rs 169.25, up 1.07 per cent, on the BSE. It touched a high of Rs 171.65 and a low of Rs 169.65 in trade today.

Aban Offshore: Management likely to conduct roadshows in US, Europe. It is seeking response to a possible QIP, say dealers.

The stock was at Rs 394.90, up 1.96 per cent, on the BSE. It touched a high of Rs 401.10 and a low of Rs 383 in trade today.

Maruti: Positional buys are seen at lower levels, say dealers.

The stock was at Rs 1783.95, up 0.48 per cent, on the BSE. It touched a high of Rs 1793.90 and a low of Rs 1769.20 in trade today.

Bajaj Auto: Monthly sales data likely to disappoint, say dealers. Dealers suggest shorting at higher levels.

The stock was at Rs 1910, down 1.29 per cent, on the BSE. It touched a high of Rs 1,945.10 and a low of Rs 1904 in trade today.

Apollo Tyres: Dealers suggest buying for intra-day trade.

The stock was at Rs 102.95, up 2.18 per cent, on the BSE. It touched a high of Rs 103.90 and a low of Rs 99.70 in trade today.

Fin Tech, ABG Shipyard: Dealers are suggesting buying the stocks for likely 10-15 per cent gains.

Financial Technologies was at Rs 181.95, up 6.22 per cent, on the BSE. It touched a high of Rs 184.50 and a low of Rs 172.50 in trade today.

ABG Shipyard was at Rs 272, up 1.36 per cent, on the BSE. It touched a high of Rs 275.90 and a low of Rs 268.60 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.