Dealing room buzz: Yes Bank, ACC, RIL, Cairn India, Wipro

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.

Yes Bank: The Street is expecting net profit to be over Rs 400 crore while ET NOW Poll estimates suggest net profit of Rs 335 crore.

The stock was at Rs 366.30, up 2.22 per cent, on the BSE. It touched a high of Rs 369.35 and a low of Rs 360.15 in trade today.

ACC, Ambuja Cement: Dealers are advising profit booknig as they expect results to disappoint.

ACC was at Rs 1,133.20, down 1.45 per cent, on the BSE. It touched a high of Rs 1,148 and a low of Rs 1,131 in trade today.

Ambuja Cements was at Rs 195.05, down 1.56 per cent, on the BSE. It touched a high of Rs 198.75 and a low of Rs 194.25 in trade today.

Reliance Industries: Dealers suggest buying the stock on dips. Accumulation by a major FII is seen on a daily basis, they say.

The stock was at Rs 901.60, down 1.29 per cent, on the BSE. It touched a high of Rs 911 and a low of Rs 901.05 in trade today.

Cairn India: Dealers say strong earnings expected this quarter. They suggest buying into the counter.

The stock was at Rs 333, up 0.71 per cent, on the BSE. It touched a high of Rs 337.80 and a low of Rs 331.30 in trade today.

Wipro: Dealers expect weak Q2 earnings and are advising to stay away from longs.

The stock was at Rs 514.05, up 1.50 per cent, on the BSE. It touched a high of Rs 518 and a low of Rs 509.20 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.