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​After such a massive run, either you should have a consolidation or a little bit of a dip. So, while long-term structural story looks good as far as India is concerned, short term I personally would be a little cautious in deploying fresh capital.

"In the current global scenario, Coal India (CIL) is a pure domestic play potentially offering the triple benefits of volume growth, improved e-auction prices and possibly all-time high dividend in H2FY24. With the monsoon receding and hydro/wind generation falling, demand for thermal power is set to rise further in H2FY24," the Nuvama note said.

​At some point in time, say a year back, some of these companies had more than 50% net cash on their balance sheet and they were available at three and four PE multiple.

A total of 13,861 shares changed hands on the counter till 11:52AM (IST).

“ HDFC Bank is a very good long-term and a slightly medium-term play. I do not rule out Bank Nifty going back to test 46,000 in this month itself and I would be very bullish on select banks like AU Bank, IDFC and RBL Bank which are three banks where we are taking exposure and we think can outperform.”

In the September quarter earnings, private banks (excluding HDFC Bank) are seen reporting a PPoP growth of 18% YoY (flat QoQ) and PAT growth of 25% YoY (flat QoQ). On the other hand, public sector banks are expected to deliver NII/PPoP growth of 12%/8% YoY and PAT growth of 20% YoY.

Titan Company, which is also part of the S&P BSE Sensex bounced back after taking support above the 50-EMA on the daily charts. It is also trading in an Ascending channel pattern.

Tata Motors Ltd., incorporated in the year 1945, is a Large Cap company (having a market cap of Rs 208639.43 Crore) operating in Auto sector.

Britannia Industries Ltd. key Products/Revenue Segments include Food Products, Other Operating Revenue, Scrap, Royalty Income for the year ending 31-Mar-2022.

A total of 114,845 shares changed hands on the counter till 10:45AM (IST).