Analysts cautioned against interpreting the recent rally as a trend reversal, calling it a rebound instead.

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Business Standard

In the past five trading days, HDFC Bank and ICICI Bank rallied 7% each against 5% rise in the Nifty 50.

ICICI Bank

Net interest income rose 14.7% to Rs 49,143 crore, while provisions declined nearly 22% and gross NPA ratio improved to 1.39%

State Bank of India, SBI

Nandish Shah of HDFC Securities believes that the Nifty Smallcap 250 index seems favourably placed on charts compared to the Midcap 150 index, and can potentially rally to new highs from here on.

Technical outlook on Nifty Midcap, Nifty Smallcap indices by HDFC Securities and Bajaj Broking paints a positive picture.

Sensex Today | Stock Market Highlights, Tuesday: In the broader markets, the Nifty MidCap 100 and the Nifty SmallCap 100 rose 1.06 per cent and 0.31 per cent, respectively

stock market bull

The IPO's latest GMP stood at ₹9 per share on November 3, taking the estimated listing price to ₹171 against the issue price of ₹162. This implies a potential gain of ₹9 per share, or 5.56 per cent.

M K Sons Fine Jewels IPO: Shares may list at marginal premium of 6%

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Sensex soars 3,670-points in 4 days: Is it time to sell the rally?

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