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Time of India
16 hours ago
- Business
- Time of India
Stocks to buy today: Swiggy, Wipro among 5 trading ideas for 20 June 2025
Indian market is expected to consolidate, mirroring mixed global signals, after the Nifty50 closed slightly lower. Options data suggests a trading range between 24,300 and 25,300. Indian market may remain stable on Friday. This is due to mixed global signals. Nifty50 closed lower on Thursday. Options data suggests a trading range. Analysts recommend specific stocks for short-term trading. These include Swiggy, Eicher Motors and Wipro. Kotak Bank and M&M futures are also suggested buys. Experts advise traders to consider stop-loss levels. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads We have collated stocks from various experts for traders who have a short-term trading horizon: Expert: Pritesh Mehta, Lead Technical Analyst at YES Securities told ETBureau F&O Strategy: Amit Trivedi, VP at YES Securities told ETBureau The Indian market is likely to consolidate on Friday, tracking mixed global Nifty50 closed 18 points lower at 24,793 on Thursday. India VIX fell 0.14% to close at 14.26 in the previous the options front, the maximum Call OI is placed at 25,000 and then towards 26,000 strikes while the maximum Put OI is placed at 24,000 and then towards 23,000 writing is seen at 24,800 and then towards 26,000 strikes while Put writing is seen at 24,800 and then towards 24,000 strikes. Price action suggests that the Nifty50 index is facing selling pressure near the 25,000 mark.'Options data suggests a broader trading range in between 24,300 to 25,300 zones while an immediate range between 24,600 to 25,000 levels,' Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited , said.'The FIIs long-short ratio is hovering near 20% from past few sessions but index witnessed selling pressure from higher levels as follow up buying was missing,' he said.'Now if it manages to hold above 24,700, up move can be seen towards 24,950 and 25,200 zones while a hold below the same could see weakness towards 24,600 then 24,450 zones,' recommended Target Rs 410| Stop Loss Rs 361Buy| Target Rs 5,830| Stop Loss Rs 5,340Buy| Target Rs 290| Stop Loss Rs 257Buy| Target Rs 2,272| Stop Loss Rs 2,080Buy| Target Rs 32,96| Stop Loss Rs 2,990: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)


Time of India
7 days ago
- Business
- Time of India
India's biofuel sector transitioning from promise to partial implementation: Report
India's biofuel sector is slowly moving from a stage of promise to partial implementation, supported by strong government policies, rising need for decarbonization, and the push for rural value creation, according to a report by YES Securities. The report highlighted that while government support through initiatives like SAMARTH (for biomass), E20 (for ethanol), and SATAT (for compressed biogas or CBG) remains strong, the actual progress in building the required infrastructure is uneven across different segments. It said "India's biofuel sector is transitioning from promise to partial implementation, driven by policy tailwinds". Among all segments, ethanol blending has shown significant progress, with around 18 per cent blending achieved. This has also resulted in a visible return on capital employed (RoCE) for producers. Solid biofuels are also gaining ground in industries as substitutes for coal and furnace oil. This shift is being driven by better economics and pressure to meet environmental, social, and governance (ESG) goals. However, the report noted that the CBG segment still faces several challenges. These include problems with feedstock logistics, underutilised production capacity, and the lack of infrastructure needed to monetise by-products, which are crucial for making CBG plants financially viable. The report added that investors should now focus on segments that are showing operational progress, have clear offtake guarantees linked to policy, and show a realistic path to scale. In terms of policy and mechanism support, the report explained the role of co-firing, which involves blending solid biofuels with coal in power plants. According to a Ministry of Power (MoP) order issued in 2021, all thermal power plants with a capacity of more than 200 MW are required to blend 5 per cent biomass starting from FY22. In regions prone to high stubble burning like Punjab, Haryana, and Uttar Pradesh, the limit has been increased to 7 per cent. This effort is being driven under the SAMARTH Mission, a government initiative to promote sustainable fuel use. India's coal-fired power capacity stands at about 210 GW. Even a 5 per cent blend would require around 10.5 GW of power to be generated from biofuels. This would translate to the use of 15-20 million metric tonnes (mmt) of biomass every year, creating a potential market of over Rs 500 billion. Public sector power utility NTPC has emerged as a leader in the co-firing space. As of early calendar year 2025, it has already co-fired more than 2.5 lakh tonnes of biomass across its units in Dadri, Jhajjar, and others. Some of these units have achieved 7-10 per cent biomass blending. Despite the policy push, the report pointed out several bottlenecks. These include variation in the calorific value and combustion characteristics of biomass, difficulties in logistics and storage due to the perishable nature of biomass, and the need for plant-specific burner modifications to enable efficient co-firing. The report concluded that while the biofuel sector holds significant promise, actual implementation will depend on overcoming these practical challenges and ensuring consistent progress across all segments.


India Gazette
7 days ago
- Business
- India Gazette
India's biofuel sector transitioning from promise to partial implementation: Report
New Delhi [India], June 14 (ANI): India's biofuel sector is slowly moving from a stage of promise to partial implementation, supported by strong government policies, rising need for decarbonization, and the push for rural value creation, according to a report by YES Securities. The report highlighted that while government support through initiatives like SAMARTH (for biomass), E20 (for ethanol), and SATAT (for compressed biogas or CBG) remains strong, the actual progress in building the required infrastructure is uneven across different segments. It said 'India's biofuel sector is transitioning from promise to partial implementation, driven by policy tailwinds'. Among all segments, ethanol blending has shown significant progress, with around 18 per cent blending achieved. This has also resulted in a visible return on capital employed (RoCE) for producers. Solid biofuels are also gaining ground in industries as substitutes for coal and furnace oil. This shift is being driven by better economics and pressure to meet environmental, social, and governance (ESG) goals. However, the report noted that the CBG segment still faces several challenges. These include problems with feedstock logistics, underutilised production capacity, and the lack of infrastructure needed to monetise by-products, which are crucial for making CBG plants financially viable. The report added that investors should now focus on segments that are showing operational progress, have clear offtake guarantees linked to policy, and show a realistic path to scale. In terms of policy and mechanism support, the report explained the role of co-firing, which involves blending solid biofuels with coal in power plants. According to a Ministry of Power (MoP) order issued in 2021, all thermal power plants with a capacity of more than 200 MW are required to blend 5 per cent biomass starting from FY22. In regions prone to high stubble burning like Punjab, Haryana, and Uttar Pradesh, the limit has been increased to 7 per cent. This effort is being driven under the SAMARTH Mission, a government initiative to promote sustainable fuel use. India's coal-fired power capacity stands at about 210 GW. Even a 5 per cent blend would require around 10.5 GW of power to be generated from biofuels. This would translate to the use of 15-20 million metric tonnes (mmt) of biomass every year, creating a potential market of over Rs 500 billion. Public sector power utility NTPC has emerged as a leader in the co-firing space. As of early calendar year 2025, it has already co-fired more than 2.5 lakh tonnes of biomass across its units in Dadri, Jhajjar, and others. Some of these units have achieved 7-10 per cent biomass blending. Despite the policy push, the report pointed out several bottlenecks. These include variation in the calorific value and combustion characteristics of biomass, difficulties in logistics and storage due to the perishable nature of biomass, and the need for plant-specific burner modifications to enable efficient co-firing. The report concluded that while the biofuel sector holds significant promise, actual implementation will depend on overcoming these practical challenges and ensuring consistent progress across all segments. (ANI)


Time of India
7 days ago
- Business
- Time of India
India's biofuel sector transitioning from promise to partial implementation: Report
New Delhi: India's biofuel sector is slowly moving from a stage of promise to partial implementation, supported by strong government policies, rising need for decarbonization, and the push for rural value creation, according to a report by YES Securities. The report highlighted that while government support through initiatives like SAMARTH (for biomass), E20 (for ethanol), and SATAT (for compressed biogas or CBG) remains strong, the actual progress in building the required infrastructure is uneven across different segments. It said "India's biofuel sector is transitioning from promise to partial implementation, driven by policy tailwinds". Among all segments, ethanol blending has shown significant progress, with around 18 per cent blending achieved. This has also resulted in a visible return on capital employed (RoCE) for producers. Solid biofuels are also gaining ground in industries as substitutes for coal and furnace oil. This shift is being driven by better economics and pressure to meet environmental, social, and governance (ESG) goals. However, the report noted that the CBG segment still faces several challenges. These include problems with feedstock logistics, underutilised production capacity, and the lack of infrastructure needed to monetise by-products, which are crucial for making CBG plants financially viable. The report added that investors should now focus on segments that are showing operational progress, have clear offtake guarantees linked to policy, and show a realistic path to scale. In terms of policy and mechanism support, the report explained the role of co-firing, which involves blending solid biofuels with coal in power plants. According to a Ministry of Power (MoP) order issued in 2021, all thermal power plants with a capacity of more than 200 MW are required to blend 5 per cent biomass starting from FY22. In regions prone to high stubble burning like Punjab, Haryana, and Uttar Pradesh, the limit has been increased to 7 per cent. This effort is being driven under the SAMARTH Mission, a government initiative to promote sustainable fuel use. India's coal-fired power capacity stands at about 210 GW. Even a 5 per cent blend would require around 10.5 GW of power to be generated from biofuels. This would translate to the use of 15-20 million metric tonnes (mmt) of biomass every year, creating a potential market of over Rs 500 billion. Public sector power utility NTPC has emerged as a leader in the co-firing space. As of early calendar year 2025, it has already co-fired more than 2.5 lakh tonnes of biomass across its units in Dadri, Jhajjar, and others. Some of these units have achieved 7-10 per cent biomass blending. Despite the policy push, the report pointed out several bottlenecks. These include variation in the calorific value and combustion characteristics of biomass, difficulties in logistics and storage due to the perishable nature of biomass, and the need for plant-specific burner modifications to enable efficient co-firing. The report concluded that while the biofuel sector holds significant promise, actual implementation will depend on overcoming these practical challenges and ensuring consistent progress across all segments.


Economic Times
06-06-2025
- Business
- Economic Times
Stocks to buy today: MCX, Britannia among top 5 trading ideas for 6 June 2025
Live Events We have collated stocks from various experts for traders who have a short-term trading horizon: Expert: Pritesh Mehta, Lead Technical Analyst at YES Securities, told ETBureau F&O Strategy – Amit Trivedi, VP, YES Securities, told ETBureau (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Indian market is likely to consolidate on Friday, tracking mixed global Nifty50 closed 130 points higher at 24,750 on Thursday. India VIX slipped by over 4% to close at the options front, the maximum Call OI is placed at 25000 and then towards 26000 strikes, while the maximum Put OI is placed at 24700 and then towards 23500 writing is seen at 26000 and then towards 24800 strikes, while Put writing is seen at 24700 and then towards 24800 strikes.'Options data suggests a broader trading range in between 24300 to 25300 zones while an immediate range between 24600 to 25000 levels,' Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited , said.'On the daily chart, Nifty50 formed a small-bodied bullish candle on Thursday, and it continues to maintain the pattern of higher lows, indicating buying on dips,' he said.'The index remains in a consolidation phase, and a decisive move above 24,900–25,000 or below 24,500 will likely set the tone for the next directional breakout. The FIIs' long-short ratio is hovering near 20%,' recommended Nifty50 has to hold above 24700 zones for an up move towards 24900, then 25100 levels, while on the downside, support is seen at 24650, then 24500 Target Rs 1430| Stop Loss Rs 1190Buy| Target Rs 545| Stop Loss Rs 477Buy| Target Rs 7590| Stop Loss Rs 6940Buy| Target Rs 11680| Stop Loss Rs 10900Buy| Target Rs 6000| Stop Loss Rs 5400: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)