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ICICI Bank, Hindustan Unilever, Infosys and ITC saw erosion in their market valuation while Reliance Industries, Tata Consultancy Services (TCS) and State Bank of India added to their market valuation.

“We address need states and there are eight or nine very important beverage need states. There is an opportunity for a kind of a beverage at some point in the day, throughout the year and even within the sparkling portfolio, when we do our overall opportunity size mapping, the opportunity is still massive,” says Arnab Roy.

“After a long hibernation, pharma has come out of its orbit. Probably, there is a lot more upside. There is some bit of valuation comfort still in pharma, which has reached near fair valuation but it is still nowhere like the premium valuation it used to command during the Covid times.”

“As we approach a shortened trading week, several factors will influence market dynamics. macroeconomic indicators, rupee fluctuations, and FII activities will be pivotal in shaping market trends in the coming days,” said Santosh Meena, head of research, Swastika Investmart.

With the product pipeline continuing to advance, and execution of growth drivers proceeding as planned, the company is confident that its fundamental strengths position it to create an upward trajectory, Vice-Chairman and Managing Director K Nithyananda Reddy said.

VWAP is an important metric as it offers pricing insight into both the trend as well as value of a stock.

​9 mid and largecaps pack hint at a bullish trend as these stocks have settled at a higher price than the last month’s close.​

Commenting on the result, Managing Director Suvamoy Saha said: "It has been an endeavour to bring salience to under-indexed areas within batteries and flashlights and over here our teams have made good progress.

Some of the IPOs, the hospital IPO Yatharth that you talked about are ones which really bring in value to the table for many of the investors. Even SBFC is kind of a good IPO in a sector more than the company itself, it is a sector which is taking prominence particularly where we are coming out of a COVID situation where the credit growth is expanding by leaps and bounds, according to Mahantesh Sabarad, Market Expert

It was also expected that the current uptrend might stand disrupted and the markets may slip under corrective consolidation. The trading range again got narrower; against 499 points in the week before this one, the NIFTY oscillated in a 232.75 points range.