Despite the 15 per cent correction from record highs, touched in August, PVR and Inox Leisure have managed to sustain above their respective 200-DMAs
The increasing traction in corporate travel will benefit us to a great extent as more than 85 per cent of the company's inventory is in business hotels, the company said in its annual report.
Fresh fund raise Rs 455 crore, secondary share sale Rs 300 crore; company eyeing Rs 3,000 crore valuation; firm makes brass, steel and polyamide cages and stamped components
CLOSING BELL: Among individual stocks, Tech M, IndusInd Bank, Infosys, HCL Tech, Maruti Suzuki, SBI, and TCS were the top large-cap winners
According to the technical analyst from Anand Rathi, Raymond can rally to Rs 1,100, while Metropolis Healthcare can surge to Rs 1,620.
The information technology sector (IT), Jefferies believes, remains at significant risk of sell-off if the Nifty were to correct
Banks, Auto, FMCG, Hospitals, Domestic Industrials, and Discretionary may continue to outperform the 'Export + Cyclical'-oriented themes
The Nifty, on the other hand, ended the session at 17,798, with a gain of 174 points, or 0.9 per cent
'Defying global trends, Nifty 50 has outperformed most peers year-to-date and is trading at 19.2 times, 21% above its long-term average, taking the earnings yield-bond yield gap below 2%'
Bharat Dynamics, JK Paper and Hindustan Aeronautics have surged over 100 per cent, while Elgi Equipments and Schaeffler India are just shy from doubling the investor's wealth so far in 2022.
Among individual stocks, the technical analyst is bullish on HG Infra and CreditAccess Grameen.
The technical analyst from HDFC Securities recommends buying Canara Bank 240 Call and simultaneously selling 250 Call for the September series.
Coal India, City Union Bank, Cummins, IDFC First Bank and Piramal Enterprises are the five F&O stocks tha can deliver up to 21 per cent returns in the September series.
The technical analyst from HDFC Securities recommends buying L&T 1900 Call and simultaneously selling 1920 Call for the August series.
The technical analyst from HDFC Securities recommends buying Lupin 700 Call and simultaneously selling 720 Call for the August series.
The technical analyst from HDFC Securities recommends buying HCLTECH 960 Call and simultaneously selling 1000 Call of the August series.
The technical analyst from HDFC Securities recommends buying Infosys 1520 Call and simultaneously selling 1580 Call of the August expiry.
According to the technical analyst from Anand Rathi, CSB Bank can rally to Rs 240, while Dhanuka can surge to Rs 790.
Market share, margin recovery remain key triggers for the stock, say brokerages
Limit investments in this space to 10-15% of your corpus, though; pay attention to fund size