Day Trading Guide: Adani Ports among 6 stock recommendations for Wednesday

Benchmark indices ended Monday’s session on a positive note with Nifty topping 18,200 levels at the close. Technicals suggest that market mood is still indecisive.“The domestic markets remained extremely volatile in today?s session. The Benchmark NIFTY50 oscillated in a range of 200 points (approx.) to close on a positive note. On the technical front,18300 is still not breached on a closing basis, since we have seen a pair of DOJI structures on the daily chart which is a sign of indecision between buyers and sellers. So correction till 18000 from current levels is on cards,” noted Mehul Kothari – AVP – Technical Research, Anand Rathi Shares & Stock Brokers.Here are 6 stock recommendations for Wednesday:

Tata Motors Q2 results tomorrow: Here’s what to expect

“Tata Motors’ standalone revenue to largely remain flat QoQ owing to flat volumes. EBITDA margin to expand by ~80bps RM cost easing out. We expect JLR volumes to grow in mid-single digit led by servicing of order book and semiconductor supply improving. EBITDA margin to improve by ~100bps sequentially,” Prabhudas Lilladher said.

Govt appoints 15 judicial, technical members at NCLT

As many as 9 judicial members and 6 technical members have been appointed to the NCLT, according to an official order. These members have been appointed for a period of five years from the date of taking charge or till they attain the age of 65 years, whichever is earlier.