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A total of 5,304 shares changed hands on the counter till 12:02PM (IST)

"For the larger companies which have a much more diversified client base and business, it is going to be tough because the business is still slowing. I do not know why these companies are doing these sporadic deal announcements. I think it is more to create some positivity around them."

"Within banks, if you look at the way the entire segment has played out, the larger private banks, despite the fact that they have seen improvement in terms of profitability, have not seen multiples re-rate. Therefore, their multiples remain at long-term average levels, despite seeing significant improvement over the last couple of years where return ratios are concerned."

From the Sensex pack, HCL Tech, TCS, Wipro, Tech Mahindra, and Infosys opened with cuts, whereas only NTPC, L&T, Bharti Airtel, and Sun Pharma opened with gains.

Pyramid Technoplast is an industrial packaging company engaged in the business of manufacturing polymer-based moulded products (Polymer Drums) mainly used by chemical, agrochemical, specialty chemical and pharmaceutical companies for their packaging requirements.

The 10 companies that saw highest buying by promoters from the open market in the last quarter, has Adani Group’s cash cow Adani Ports and Special Economic Zone at the top of the list.

“Global investors are not completely shying away from China. The US is not the only source of capital as far as China is concerned. Sovereign Wealth Funds in the Middle East have shown quite a bit of interest in China. When we look at monthly capital flow data, July was a pretty good month for China.”

A total of 619 shares changed hands on the counter till 10:15AM (IST).

​Now, but if we see the total inflation data which is there for July which has gone up let us say point around 1.95% month to month but year to year it is still down and the overall inflation is lesser than what it was in April.

Within its model portfolio, Motilal Oswal is overweight on financials, consumption, and automobiles and underweight metals, energy and utilities.