Based on the OI percentage, 85 stocks, including Britannia Industries, United Breweries, Can Fin Homes, Navin Fluorine International and Hindustan Aeronautics, saw long buildups.

Trade setup for today: Top 15 things to know before the opening bell

Based on the OI percentage, 60 stocks were on the short-covering list. These included Alkem Laboratories, IndusInd Bank, United Breweries, Dr Lal PathLabs and Aarti Industries.

Trade setup for Thursday: Top 15 things to know before the opening bell

Employees and workers, who were removed from service, have been staging protests at United Breweries factory located near Ranasthalam of Srikakulam district for the last two weeks

Andhra Pradesh: Employees of United Breweries stage protest against termination of service

Broker’s Call: United Breweries (Sell)

The market succumbed to selling pressure on May 5, with the benchmark indices reversing all their previous day's gains to close with a percent down. The sharp fall in HDFC twins dented sentiment. Also, as a result, the market closed flat for the week.

The BSE Sensex on May 5 tanked 695 points to 61,054, while the Nifty50 fell 187 points to 18,069 and formed bearish candlestick pattern with a long upper shadow on the daily scale, indicating profit booking as well as selling pressure at higher levels.

Meanwhile, Nifty futures on the Singapore Exchange traded 35.5 points, or 0.20 per cent, higher at 18,159.50, signaling that Dalal Street was headed for positive start today.

Top stocks to watch today are Hero Motocorp, Tata Power, TVS Motor, United Breweries, besides others.

#stockmarketupdates #sensex #nifty #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday

About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets.

Catch all your favourite shows, exclusive videos, big-ticket interviews and more here. 

You can also connect with CNBC-TV18 News Online
Catch the latest news: https://bit.ly/2YbpXBM

Follow CNBC-TV18 round the clock: https://www.cnbctv18.com/live-tv/

Stay updated with all the market action in real time: https://www.cnbctv18.com/market-live/

You can also stay updated with all the latest news on-the-go with CNBC-TV18 Minis: https://www.cnbctv18.com/minis/

n18oc_business

Positive Start For Sensex & Nifty Today, Indicates SGX Nifty Trends | Power Breakfast | CNBC-TV18

Consolidated net profit slumped 94% to Rs 9.81 crore, compared to Bloomberg estimate of Rs 126.3 crore in January-March.

United Breweries Shares Decline After Q4 Profit Plunges 94%

So far this calendar year (CY23), the stock has crashed over 20 per cent, as against 0.1 per cent rise in the S&P BSE Sensex

United Breweries hits 52-week low as high RM prices hurt Q4FY23 margins

India’s United Breweries Ltd reported a 94.03% slide in fourth-quarter profit on Thursday, hurt by higher raw material costs

United Breweries posts 94.03% slump in Q4 profit on higher input costs

Amid global cues and despite the indication of a negative opening by SGX Nifty, Nifty opened flat and inched higher shortly after the market opened on Thursday. By 1 pm, Nifty was trading near 18,200 levels, where it last traded in January 2023. Important results today - Blue Star Limited, Adani Enterprises Limited, IDFC Limited, United Breweries Limited, CEAT, Bombay Dyeing, Hero MotoCorp, TVS, Tata Power, HDFC Limited. Meanwhile, overnight, the US markets slipped following Federal Reserve's decision to increase lending rates by 25 bps.
 #nifty #nifty50 #stocks #sharemarket #stockstobuy
Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3

Subscribe Now To Our Network Channels :-
Times Now  : http://goo.gl/U9ibPb
The NewsHour Debate : http://goo.gl/LfNgFF

To Stay Updated Download the Times Now App :-
Android Google Play :  https://goo.gl/zJhWjC
Apple App Store :  https://goo.gl/d7QBQZ

Social Media Links :-
Twitter - http://goo.gl/hA0vDt
Facebook - http://goo.gl/5Lr4mC
G+ - http://goo.gl/hYxrmj
Website - www.etnownews.com

Nifty Trading Near 18,200 Levels; IDFC Limited, United Breweries Limited, CEAT | Closing Trade

Nifty, Bank Nifty, Adani Ent, Adani Port, Asian Paints, HDFC | How Stocks Closed Today |Closing Bell

Based on the OI percentage, 56 stocks, including Manappuram Finance, United Breweries, MCX India, Escorts, and Indus Towers saw a short buildup.

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

United Breweries Limited (UBL) is a holding company. The Company is engaged in the manufacture and sale of beer, including licensing of brands.