Valuations are reasonable and the outlook is improving in IT, BFSI and FMCG. Defence, engineering and power are clearly overpriced and some profits can be taken, Nischal Maheshwari of Centrum said
Between March 2023 and June 2024, Hikal has been consolidating within the approximate range of Rs 260-320
The upcoming government budget will likely boost consumer spending and infrastructure building, which bode well for businesses, strategists and investors surveyed by Bloomberg said
The government, Goldman Sachs believes, is likely to stick to the announced fiscal deficit target of 5.1 per cent of gross domestic product (GDP) for FY25