Brokerage says subsidies, GST cuts, external borrowings and wage revisions are shaping earnings and valuations, favouring select sectors but limiting index returns
Just Dial shares rose on high volume, trading at about 2.2 times the 30-day average volume. The stock also crossed its 50-day simple moving average, signalling improved near-term price momentum.
Madhuri Kela portfolio stock: MV Electrosystems listed on August 6; the stock rallied 37% in the last two days, and skyrocketed 80% against its issue price of ₹425 per share.
Incorporated in 2007, Priority Jewels is involved in the designing, manufacturing and sale of a variety of lightweight, diamond-studded gold and platinum jewellery.
Sensex's indicative price fell more than 2,000 points during the Closing Auction Session before recovering; traders blamed CAS, but Sebi ruled out changes
Sterlite Technologies (STL) share price was locked at the 5% upper circuit at ₹695.20 on the BSE in Thursday's intra-day deals in an otherwise weak market.
The strong capex cycle in the thermal power sector propelled the company's order book and execution. In addition, the management has focused on structurally favourable terms in the orders, says Ind-RA
Motilal Oswal Financial Services has initiated coverage of Adani Enterprises with a 'Buy' rating and a target price of ₹3,880, implying a 25 per cent upside from the previous close of ₹3,112.