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NCL Industries Ltd., incorporated in the year 1979, is a Small Cap company (having a market cap of Rs 747.70 Crore) operating in Cement sector.

As of 31-Mar-2022, promoters held 51.09 per cent stake in the company, while FIIs held 12.06 per cent and domestic institutional investors had 3.58 per cent.

"Given where the market is currently, it will be prudent to start the reinvestment process or at best split it over a couple of months. In terms of risk areas, the commodity price increase in energy, as well as food, has driven up inflation and will also crowd up out some other consumption. Plus, rupee depreciation remains a clear and present danger that I have been warning about for at least six months."

“At this point in time, our preference within the metal pack is for nonferrous over ferrous. In the case of ferrous metals, we believe there is going to be some degree of volatility over a period of time unless and until there is significant policy push from China to revive demand we will possibly see prices having topped out.”

"With the RBI Policy & US inflation data scheduled to be released in the coming week, it should be a tricky week for traders. Friday’s session saw the unwinding of longs in the Nifty Futures (COI -5.2%) while Banknifty Futures saw the addition of shorts as COI was up 4.8%. However, if we breach 16,500, we may see Nifty testing 16,300 on the downside."

Kansai Nerolac Paints Ltd., incorporated in the year 1920, is a Large Cap company (having a market cap of Rs 22122.65 Crore) operating in Building Materials sector.

Among the latest entrants on Nifty50, Apollo Hospitals Enterprise, has topped among the wealth destroyers on the index. It has tanked more than 39 per cent to Rs 3,568.5 from its 52-week highs of Rs 5,930.7 scaled in November 2021.

The Federal Reserve is on track for half a point interest rate increases in June, July, and perhaps even beyond as fresh job market data showed no sign the U.S. economy is buckling under the pressure of high inflation and rising borrowing costs.

The euro has also climbed on the Japanese currency and hit 140.38 yen on Monday morning, extending a seven-year high hit last week.

Stocks that were in focus include names like Reliance Industries which rose over 2 per cent, UltraTech Cements fell more than 5 per cent, and Shree Cement fell more than 4 per cent on Friday.