Dealing room buzz: Titan, Accelya Kale, Nestle, GSK Pharma

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.

Titan industries: Dealers recommend buying as DIIs are seen as active buyers in trade today.

The stock was at Rs 224.65, up 2.18 per cent, on the NSE. It touched a high of Rs 224.85 and a low of Rs 220.60 in trade today.

Accelya Kale: HNI are buyers in trade as the parent company may sell entire stake in the company soon.

The stock was at Rs 587.95, up 4.96 per cent, on the NSE. It touched a high of Rs 599 and a low of Rs 559 in trade today.

MNC stocks: The market is abuzz that dealers are buying stocks for intra-day trade.

Nestle was at Rs 5,050, up 2.63 per cent, on the NSE. It touched a high of Rs 5,113.90 and a low of Rs 4,925.05 in trade today.

Merck was at Rs 626, up 6.29 per cent, on the NSE. It touched a high of Rs 645 and a low of Rs 592 in trade today.

GSK Pharma: Analysts are advising clients to tender in open offer. The stock is trading at rich valuations currently despite low sales and profit growth. The offer is attractively priced for investors, they say.

The stock was at Rs 2,934.50, up 19.28 per cent, on the NSE. It touched a high of Rs 2,952.15 and a low of Rs 2,900.05 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.