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Amber Enterprises India Ltd. key Products/Revenue Segments include Air Conditioners, Scrap, Job Work, Other Operating Revenue for the year ending 31-Mar-2024.

The Indian market was expected to see gains on Tuesday amid positive global cues. The Nifty future ended flat at 24,590 on Monday. Analysts suggested Nifty needs to hold above 24,500 levels for further gains. Experts named several stocks for short-term trading in the F&O and cash markets.

Symphony Ltd., incorporated in the year 1988, is a Mid Cap company (having a market cap of Rs 11785.44 Crore) operating in Consumer Durables sector.

In 2024, promoter sales exceeded Rs 1 lakh crore. Data from ETMarkets and Prime Database reveal that promoters of over 250 companies have sold stakes totaling approximately Rs 97,000 crore through bulk and block deals. Promoters of listed companies have also offloaded stakes through the OFS route which accounts for another Rs 7,300 crore.

A total of 8,601 shares changed hands on the counter till 10:00AM (IST)

Pankaj Murarka emphasized that technology will play an essential role in the consumer tech and business sectors in India. He highlighted how companies like Zomato have quickly risen to prominence. Murarka predicted that firms failing to adapt to digital finance or adopt EV strategies risked their survival. Despite the competitive market, he believed significant growth potential remained in these sectors.

Given the high valuations, sector rotation is an effective strategy. This involves reallocating investments from overvalued sectors to those with more attractive valuations. For example, while IT and Financial Services have seen significant run-ups, sectors like Pharmaceuticals, Infrastructure, and Energy still offer attractive entry points given their growth potential and alignment with India’s economic development.

The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock.

Dodla Dairy Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 7326.23 Crore) operating in FMCG sector.

U.S. stocks advanced on Monday, extended by gains in the tech-heavy Nasdaq. Investors looked ahead to the Democratic National Convention and the Jackson Hole Economic Symposium. Expectations grew for a Federal Reserve rate cut in September, boosting market confidence. Nvidia and Microsoft shares contributed significantly to the positive momentum.