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Sun Pharma Advanced Research Company, Aegis Logistics, and Godfrey Phillips India were among the top performers on July 5, 2023, as their stock prices surpassed the 200-day Simple Moving Average (SMA) mark. Sun Pharma Advanced Research, a pharmaceutical research company, closed at Rs 218.65; Aegis Logistics at Rs 353.05; and Godfrey Phillips.

The stock quoted a 52-week high of Rs 4010.0 and a 52-week low of Rs 2616.4.

After the release of the FOMC minutes, Bitcoin saw a decline in its value. However, positive remarks from the CEO of BlackRock prevented further losses, and the cryptocurrency remained stable, Edul Patel, Co-founder and CEO at Mudrex, said.

Indian shares saw mixed performance as auto and consumer stocks gained, while high-weightage financials recorded a slide. The Nifty index ended slightly higher at 19,398.50, while the S&P BSE Sensex .

Tata Group is reportedly considering buying back a stake in its content distribution platform from Temasek Holdings as it assesses whether to postpone an IPO planned for the entertainment platform. Discussions with the Singaporean state investor, which currently holds about 20% of the network, could allow it to exit the investment.

"Investor sentiment as measured by our proprietary India Bull-Bear Index has swung from an extreme-bearish reading of 8.2% in mid-March 2023 (Contra BUY time) to an extreme bullish 95.9% reading," CLSA said in its latest strategy report on Thursday.

The Relative Strength Index of the stock stood at 52.14 on Thursday.

Mid-sized companies in India are demonstrating strength and growth potential, as reflected in the surge witnessed by the S&P BSE MidCap index. Stocks of companies such as Abbott India, Colgate-Palmolive, Godrej Properties, and Lodha hit new 52-week highs, showcasing their market appeal and resilience.

​Now, 19,500 is one level which we are keeping an eye on, in case this is navigated safely in the next couple of days we may very well be headed for 19,800 and possibly 20,000 by the end of this month as well.

​The third part is that whether the OMCs should be rated or which way it is rated. Of course, the analysts are better judge to do that. But I believe, and I have said earlier also that the oil companies are under-priced compared to what the potential they have.