Here are some of the top buzzing midcap stocks picked by analysts in trade today. Keep an eye on Axis Bank, Hindalco, Vedanta, Nalco, Wipro, Future Lifestyle Fashions, Sugar Stocks, Adani Ports, Max Financial Services & Hotel Leela.
Axis Bank is in focus because it is the biggest gainer, close to about 4.5 percent and with the upmove it has eve crossed its 50 as well as 200 day moving average.
Wipro has client specific issue, so the company has indicated that one of their telecom client has filed for bankruptcy as a result of which Wipro’s profits will be impacted by 65-75 basis points in Q4.
Adani Ports is in focus because Kotak has upgraded Adani Ports to a buy from add earlier and the reason is they liked the recent price correction as well as there is a reasonable opportunity for the company to hike price when it comes to the port business of the company.
Hotel Leela is in focus because the company has won a bid to manage a 34 acre Mahatma Mandir Convention Centre in Gujarat.