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According to Sheetal Malpani, the Chief Investment Officer at Tamohara Investments, the Indian market is currently going through a phase of healthy consolidation and is not in an exuberance phase. The smart money is still interested in mid and small cap stocks, particularly among domestic institutional investors. Malpani believes that there may be a time correction in the market instead of a sharp price correction, given the positive earnings outlook. Additionally, he expects India Inc. to report healthy earnings for Q2.

Short to medium-term traders can look to buy the stock for a target of Rs 5650 in the next 1-2 months, they say.

A total of 7,561 shares changed hands on the counter till time (IST).

Investors often struggle with the unpredictability of financial markets. And that is true because no crystal ball can predict the next market move. However, what if we tell you that there is a way through which you could analyse when to dive into specific sectors for maximum returns?

The Relative Strength Index of the stock stood at 45.02 on Tuesday.

The 5 new companies will be named Vedanta Aluminum, Vedanta Oil and Gas, Vedanta Power, Vedanta Steel and Ferrous Materials and Vedanta Base Metals. Vedanta will act as an incubator for Vedanta Group, while also functioning as the holding company for Hindustan Zinc.

In March 2023, when Nifty started to recover, the mid and smallcap indices were still under selling pressure. But in April, when the headline index gained 4%, the midcap index advanced over 5% while smallcaps gained 7%.

The Nifty Bank index was trading 0.56 per cent down at 44336.05.

Ashok Leyland Ltd., incorporated in the year 1948, is a Large Cap company (having a market cap of Rs 52439.23 Crore) operating in Auto sector.

As crypto prices see-saw ahead of their next swerve, the market for "tokenization" - issuing blockchain-based digital tokens that represent assets from bonds to stocks and real estate - may finally be reaching a critical mass.