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"In terms of discretionary, the trend in pipe companies, cable companies, etc. are going to continue. We remain very positive there. We are very positive on the entire cable space. PolyCab is one of the ideas which we really like. Obviously, it has had a great run but that is for a reason and that is continuing also for a reason because the outlook for the next at least one and a half, two years looks very optimistic."

"You need to be very clear that if you are not going to contribute any income to your family for the next 1,000 days, can the family sustain and forget your contributing income, your own expenses have to be supported. If the answer is that I have that much of a cushion or I have some capital to start with, which can take care of my business for 18 months to 3 years?"

From the Sensex pack, HDFC Bank, Bharti Airtel, Infosys, UltraTech Cement, Reliance Industries, and Wipro were the top laggards, falling 1-2%. On the flip side, Power Grid, Titan, M&M, NTPC, and Bajaj Finserv closed higher.

The smallcap stock arena marked a significant day on Friday, September 15 as several major stocks crossed their 100-day Simple Moving Averages (SMA)

On the technical charts, the RSI of the stock stood at 54.16.

The stock quoted a 52-week high price of Rs 4010.0 and a 52-week low of Rs 2870.0.

The initial public offer of Yatra Online was subscribed just 22% so far on the second day of the bidding process. Meanwhile, SAMHI Hotels IPO was subscribed 1.6 times and Zaggle Prepaid public issue garnered nearly 3 times bids, thus sailing through on Day 3.