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So same store sales growth in this quarter has been 22%, so out of the 29% year-on-year growth. And as we said this year the franchisee performance has really picked up as against last year. So we are very much hopeful and confident that the same store sales growth will be in the range of 22% to 24%. And that is what will give us a good solid full year number as we proceed quarter on quarter.

The commercial vehicle maker hit a record high of Rs 191 on 11th August 2023 but witnessed some profit-taking on Monday, 14th August. The stock has been making higher highs and higher low formation for the past 5 months.

“The representation of the sectors which are likely to outperform over the next five-seven years in the Nifty is far lower. Auto and pharma have virtually no weight in the index. But if autos outperform in the next five years or manufacturing outperforms, they could run at a faster pace than what the Nifty could run.”

The stock quoted a 52-week high price of Rs 4066.1 and low of Rs 2670.35.

"There will be a lot more demand for both railways and defence orders that are coming in and while these stocks have run up quite a bit, there is actually a significant room for growth from here even though the prices have run up. Also, some of the domestic consumption stories and high precision engineering stories will make a difference."

India VIX was up by 4.12% from 11.52 to 11.99 levels in the previous trading session. Volatility spiked to 12.75 during the day but later cooled off thus paving the way for the bulls at support zones.

So, if you look at this I think the last time when SEBI SAT came up with the statement I think they had given a timelines of almost about five weeks to complete the process.

"As for elections, this is one place where I feel a change will not be seen positively. We need continuity. Numbers can vary. Some may even argue that a coalition with moderated numbers may be a better thing. I am not a political pundit. All I know is that many of these do not stand the test way beyond a couple of weeks. Unless something drastic happens, it will come and go; that too will pass."

The decline in gold has reached an oversold condition, which may lead to an increase in short-covering risk at this juncture, Reuters reported quoting Kelvin Wong, Senior Market Analyst, Asia Pacific, OANDA.

Taken support at the 20-day moving average alongwith a breakout from the inside bar pattern.