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#LMMarketSnippets 17 June 2021 - #Cabinet approves additional Rs 14775 cr for fertiliser subsidies - #NiftyMetal index down 3% SAIL biggest loser down 5% followed by JSPL / Tata Steel and Hindalco correct 3% each. Disclaimer:
If this is real, and politicking goes on, it's bad news for SAIL
West Bengal Finance Minister Amit Mitra writes to Union Minister Dharmendra Pradhan "urging him to instruct his officers on the board to stop SAIL from dismantling its Raw Materials Division (RMD)"
#LMPicks Trading Call : Sell SAIL future @ 132, SL 138.25, Tgts 126-120. Disclaimer:
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#MCPro: Why is SAIL likely to notch up a healthy free cash flow in 2021-22? Chances are, any such funds will go into cutting down its overall debt level, writes @Nandish_Shah81. @SAILsteel #Research #SAIL #Steel #Business #Earnings
Key News - JB Chemicals & Pharmaceuticals Ltd, SBI Cards and Payment Services Ltd, Steel Authority of India Ltd, BPCL, Amara Raja Batteries Ltd, NSDL by ARETE Securities #AmaraRajaBatteries #SteelAuthorityofIndia #StockMarket #BharatPetroleumCorporation
Decision to 'dissolve' SAIL's raw material division headquarters in Kolkata part of larger conspiracy against Bengal: TMC
Sail fut from 135.5 to 139..
Only #SAIL 139+++🥂�