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The Nifty Bank index was trading 0.17 per cent up at 45227.95.

The stock quoted a 52-week high price of Rs 1799.95 and low of Rs 1434.6.

A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.

​This means the average traded quantity of a stock for 5 days along with its cumulative open interest have increased whereas the price has decreased.​Here are 5 stocks displaying such a trend:​

Analysts say that although the macroeconomic scenario is good, it is not so bullish as to warrant continuation of the rally, which has already run a bit ahead of fundamentals. "Investors should not chase low-grade smallcap stocks at this juncture. Stay invested in high-quality largecaps. Wait for the Q1 results for direction," said Dr V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

On the weekly options front, the maximum Call OI is placed at 19,500 and then towards 19,400 strikes while the maximum Put OI is placed at 19,300 and then towards 19,000 strikes. Call writing is seen at 19,500 then 19,550 strikes while Put writing is seen at 19,350 then 19,400 strikes.

​It is really very difficult to give a buy on any particular stock at this point in time within that space. But yes, Maruti looks good to us but on the FY25 positives are also I think factored in at this point in time. So giving a buy at this point in time really is really very tough from our side.

Median forecasts in the July 3-5 poll of 40 strategists showed the rupee will trade at 82.00/dollar in one and three months, 81.80/dollar in six months and 81.00/dollar in a year. That outlook is largely unchanged from last month.

Goldman Sachs has a buy rating on Godrej Consumer with a target price of Rs 1150. Q1 saw very strong traction across segments which suggests that the turnaround story continues to play out.

Promoters held 53.59 per cent stake in the company as of 31-Mar-2023, while FIIs owned 0.36 per cent, DIIs 0.26 per cent.