Big Movers on D-Street: What should investors do with Paytm, Inox Wind and Bajaj Finserv?

Equity benchmarks, BSE Sensex and Nifty, ended in negative territory after RBI kept the interest rate unchanged. Paytm gained 6%, Nestle was up 4%, while Bajaj Finserv’s shares fell nearly 1% on Thursday. Amol Athawale, VP-Technical Research Analyst at Kotak Securities has suggested 740-735 is the level to watch out for Key trades for Paytm while Inox Wind could rally towards 155-160. Bajaj Finserv still has a positive medium-term texture with a sacrosanct support zone of 20-day SMA or 1440 for trend following traders.

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