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ETMarkets examined stocks that transitioned to profitability during the recent June quarter, contrasting them with their previous (March 23) quarter of losses. A total of 82 qualifying stocks were identified, subject to a minimum market capitalization of Rs 500 crore.

The speech will provide a chance to give his latest views on whether more policy tightening will be needed to bring down inflation amid surprisingly strong economic growth, or if enough progress on disinflation has been made to hold rates steady.

Nifty which has given over 14% return on the year-to-date (YTD) basis, riding on FII flows worth over $16.5 billion, will likely start factoring in political risks as election-related activity picks up, first with state elections in November and later the Lok Sabha elections.

​The momentum had definitely weakened out there, we did see some consolidation happening out there but there was no price correction as like that of Nifty and Bank Nifty.

Chennai Petroleum Corp: The company’s debt-to-equity ratio came down significantly to 0.6 times as of March end, from as high as 3.09 times a year ago. The company’s sales grew a sharp 77% in FY23, while the stock has given 25% returns in the last one year.

The stock rose from Rs 3,405 as on 18 May 2023 to Rs 4,773 on the BSE recorded on 18 August 2023 which translates into an upside of over 40%.

:The overdues of generation and transmission companies have come down by almost half, from Rs 1,40,000 crore to Rs 70,000 crore. All current dues are being paid on time. Subsidies are coming from the government. Tariff revisions are happening. That has given a lot of impetus to the sector and the investors are quite excited about it. These are the things working in favour of power companies like REC."

Commenting on the current surge, Anuj Gupta, Head Commodity & Currency, HDFC Securities said the rally in mentha oil futures has been on the back of crop damage due to floods in many areas where the crop is sown, including Barabanki, Chandausi and Rampur, low arrivals and growing export demands.

A total of 1,432 shares changed hands on the counter till 01:51PM (IST).

The crossing of the 200-day SMA by Coal India, IRCTC, Steel Authority Of India, Bajaj Finserv, and Page Industries signifies their promising market performance and growth prospects.