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Given the strong expertise of 5 decades, order book visibility, history of robust execution and balance sheet strength, Ahluwalia is poised for a strong growth ahead.

I think markets are fairly priced over here. So it is not like it is very attractive but at the same time the risk reward is still fairly reasonable for a long-term investor to come in at these levels. We think that the risk reward across asset classes between say equity and debt is fairly well balanced at this point in time.

A total of 3,401 shares changed hands on the counter till 10:41AM (IST)

On the technical charts, the 200-day moving average of the stock stood at Rs 1414.6.

A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond.

The closing price of a stock above its 20 Simple Moving Average (SMA) can indicate a short-term bullish sentiment in the market. The 20 SMA is a popular technical indicator used to assess recent price trends. When a stock crosses its 20 SMA, it often attracts the attention of traders and investors looking for potential opportunities

​Now this whole effort of US and European Union to block this technology to China and Chinese companies is kind of becoming a difficult path for China and so that is the tit for tat.

​This is a bearish indicator that shows that the futures OI has increased while price has decreased.​

From the Sensex pack, HDFC Bank, HDFC, Bajaj Finserv, NTPC, Wipro, and ITC opened in the red, while IndusInd Bank, HCL Tech, ICICI Bank, Sun Pharma, Asian Paints, Tata Steel and Tech Mahindra opened with gains.

Indian firm PKH Ventures has cancelled its initial public offering (IPO) due to poor interest from investors. The issue failed to fill overall, with only 65% of shares sold at the close, mainly down to institutional investors subscribing to just 11% of the offering. While the non-institutional and retail segments were fully subscribed