The brokerage firm noted that the company's commentary continues to indicate decent demand; however, macro uncertainty persists.
In the IT basket, stocks registered declines in the range of 2-4 per cent. Infosys emerged as the biggest loser with a 3.8 per cent fall.
Among the IPOs this week, Pranav Construction currently has the highest GMP at 35.48 per cent, making it the strongest performer on the unofficial grey market. The issue opened on September 7.
Anand James, Chief Market Strategist at Geojit Investments says incorporating the CAS market action into the final analysis makes chart reading more interesting and nuanced.
Purple Style shares listed at ₹539 on the BSE, a discount of 6.26 per cent against the offer price of ₹575. Meanwhile, on the National Stock Exchange, it debuted at ₹535, down 6.96 per cent.
Market experts broadly see equities as having the strongest structural case over the next decade.
MOFSL noted that Physicswallah is among India's largest education platforms, built on what the brokerage believes is one of the most capital-efficient business models in Indian EdTech.
Ruto on Thursday ordered the ousting of Tata Chemicals Ltd. and is said to be looking for fresh investors to take over its century-old mining rights for minerals that are processed into soda ash.
Priority Jewels shares listed at ₹225 on the BSE, a premium of 12.60 per cent against the offer price of ₹200. Meanwhile, on the National Stock Exchange, it debuted at ₹230, up 15 per cent.
Aditya Birla Group forayed into the wires and cables market with an investment of ₹1,800 crore. The new business will operate through its cement arm UltraTech Cement, under the Ultravolt brand.
Titan Biotech shares have delivered multibagger returns, rising 208 per cent in one year and 536 per cent over five years.
Brokerage firm Motilal Oswal Financial Services noted that the company's growth performance over the past five years has been below aspirations.
The gains in bank stocks come against a backdrop of a sharp surge in foreign-currency inflows, which has boosted liquidity across the banking system.
Lumino Industries shares listed at ₹109 on the BSE, a premium of 32.93 per cent against the offer price of ₹82. Meanwhile, on the National Stock Exchange, it debuted at ₹110, up 34.15 per cent.
Meesho's shares will remain in focus after a likely block deal to sell 1.5 per cent of Meesho's paid-up equity by SoftBank Vision Fund entity SVF II Meerkat is expected today.
Dividend stocks aren't immune to market-wide sell-offs, but their yields create a natural floor for the stock price. As the price drops, the yield rises, which naturally brings in value investors.
MOFSL noted that public sector banks continue to command the highest market share in gold loans at 60 per cent as of March 2026.
Annu Projects shares listed at ₹75 on the BSE, a discount of 24.24 per cent against the offer price of ₹99. Meanwhile, on the National Stock Exchange (NSE), it debuted at ₹72, down 27.27 per cent.
OMC stocks representing the state-run Oil Marketing Companies, including BPCL, HPCL, and IOCL, will also remain in focus on Wednesday after Brent crude prices spiked to $96/barrel
Domestic passenger vehicle sales rose 34.8 per cent Y-o-Y to 176,971 units. Exports, however, declined 7.4 per cent Y-o-Y to 33,844 units during the period under review.