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Computer Age Management Services Ltd., incorporated in the year 1988, is a Small Cap company (having a market cap of Rs 11047.32 Crore) operating in Financial Services sector.

The Nifty Auto index was trading 0.18 per cent down at 13232.9.

PIMCO, which manages $1.7 trillion in assets, said last month it would focus on high-quality bonds this year due to their higher returns and the protection they offer should the global economy economic downturn be deeper than anticipated.

On the chart, it was struggling to stay above the level of Rs 50. A breakout occurred in last session, and it jumped by 10% in one day while also managing to close above the Rs 51 level. It is also trading above the 30-Day EMA at the moment, which is encouraging for the continuation of the uptrend.

"Once we saw that 20-25% ARPU increase recently on the entry price for Bharti Airtel, they have revised it. But again, at an aggregate level, the ARPU remains quite okay and there is not much growth. So, unless we see meaningful growth in the ARPU and the debt level remains a little lower, the stock will remain a bit muted."

"Q3FY23 aggregate earnings are slightly ahead of expectations. Among Nifty-50 companies, Tata Motors, NTPC and Axis Bank reported large outperformance compared to our expectations, while RIL, JSPL and TCS reported large miss versus our expectations.Our EPS expectations for the Nifty-50 Index have been stable in the past one month (FY23- 811, FY24- 981 and FY25-1078). We expect most sectors to deliver decent growth over FY2024-25."

The Nifty50 has been trading in a channel and is now moving towards the higher-end resistance placed around 17950-18000 as FIIs remain one big worry, suggest experts. The only worry factor for markets is the selling by FIIs as they had only about 15% of their positions on the long side and 85% on the short side,” Ruchit Jain, Lead Research, 5paisa.com

The recent massive sell-off in Adani Group companies in the backdrop of the allegations made by US-based short seller Hindenburg Research, had raised questions on whether these stocks will continue to be part of the MSCI global indices.

Safari Industries (India) Ltd., incorporated in the year 1980, is a Small Cap company (having a market cap of Rs 1296.01 Crore) operating in Plastics sector.

"Distributors and advisors can play a big role by increasing the usage of passive products in client portfolios, especially in order to reduce the cost and active risk. Even in the case of the sector, theme, or strategy-based index products, where weights are probably more concentrated, indices will undergo scheduled reconstitution keeping the indices up to date on a periodic basis, though depending on the index methodology, the potential risk and reward may vary significantly."