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“This is the time to put your money because if the dollar weakness is played out, steel prices are headed higher so I would be more bullish on the commodity side rather than the soft commodity side. They have played out well. There is a seasonal effect and these stocks have already run up a lot. But metals are where I would be very bullish.”

Indian Hotels Company, incorporated in the year 1902, is a Mid Cap company (having a market cap of Rs 46546.52 Crore) operating in Tourism & Hospitality sector.

The Relative Strength Index of the stock stood at 49.32 on Thursday.

The stock quoted a 52-week high price of Rs 27013.0 and a 52-week low of Rs 17900.0.

Out of 10 Adani stocks, 5 of them - Adani Green, Adani Wilmar, Adani Total Gas, Adani Transmission and Adani Power - were trading at a 5% higher circuit limit today.

A slew of strong economic data out of the United States in previous weeks, pointing to persistent inflationary pressures, led to Powell saying on Tuesday that the Fed will likely need to raise interest rates more than expected, and that it was prepared to move in larger steps

India VIX moved up by 1.47% from 12.27 to 12.45 levels on Monday. Volatility slightly moved up for the day but overall it has been cooling off from the last few sessions which is a positive sign for the bulls.On the weekly options front, the maximum Call OI is placed at 17800 and then towards 18000 strikes, while the maximum Put OI is placed at 17600 and then towards 17700 strikes

The stock rose from Rs 607 recorded on 31 January 2023 to Rs 823 as on 6 March 2023 which translates into an upside of 36%.After the breakout from a rounding bottom pattern on 27 February 2023, the momentum took the stock to a fresh record high of Rs 832 on 6 March 2023

The stock has given a rounding bottom breakout.

Jio Platforms, will buy Mimosa Networks from U.S.-based IT services company Airspan Networks Holdings Inc for $60 million on a debt-free, cash-free basis, the companies said on Thursday.