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The stock quoted a 52-week high of Rs 7377.6 and a 52-week low of Rs 4299.8.

A total of 9,416 shares changed hands on the counter till 12:04PM (IST).

Yes, you are right this 31st March I completed managing 10 years of Emkay Capital Builder PMS. Over this 10-year period, we have nearly quadrupled the money (3.84x) for investors, delivering returns of 14.4% CAGR.

In the NSE list of stocks with a market cap of over Rs 1000 crore, eight stocks crossed their previous 5-year high value at the close on May 19, suggesting bullishness in counters.

Steep rise in Nasdaq which has taken it above October 2022’s peaks, injects positivity into the IT space. Midcap stocks have remained gainers this month with an average gain of around 10%. This week, gains were selective and most of them are seen consolidating leaving room for extended upsides.

The move to impose a 20% tax collected at source (TCS) on credit card purchases for international transactions, and the inclusion of credit card transactions in tax categories will have an impact on ordinary consumers, not just the rich, says international tax expert TP Ostwal. He added that the significant annual amount spent on foreign travel makes the implementation of this tax burdensome and added a potential extra layer of compliance for banks and the financial sector. Ostwal suggested that any changes should focus on clarifications around existing rules and the imposition of a 5% tax on selected transactions.

The Indian market may remain stable on Monday, keeping in line with the mixed global cues. The S&P BSE Sensex increased by 300 points on Friday, and Nifty50 finished over the 18,200 level. India VIX descended by 3.91% from 12.79 to 12.30 levels, reducing the volatility and aiding the market. Options data shows the maximum Call OI at 18,200, and the maximum Put OI at 18,200. The experts suggest a broad trading range between 17,900 to 18,400 zones and an immediate trading range between 18,050 to 18,350 zones.

Most sectoral indices were trading in the green zone with IT stocks leading the upside. LTIMindtree, Mphasis, Infosys, LTTS, Wipro and Tech Mahindra were all up around 1% each, tracking the recent upside seen in Nasdaq.

Brokerage firm BofA Securities has given a buy rating on Muthoot Finance and Zomato, and a neutral rating on Bandhan Bank and Divi’s Laboratories. The global investment bank has maintained a buy rating on Muthoot Finance with a target of Rs 1200 and upgraded Zomato to buy with a target price of Rs 85. On the other hand, BofA Securities maintained a neutral rating on Bandhan Bank with a target price of Rs 280 and Divi’s Laboratories with a target price of Rs 3250. Morgan Stanley also maintained an overweight rating on Delhivery with a target price of Rs 370 post March quarter results.

Amid weak global cues and debt ceiling negotiations in the US, Indian equity markets remained largely muted in May so far. However, a host of analysts shared their tech views on particular stocks for the near term that can rally up to 18%.