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“One can have an asset allocation attitude but I do not see outside its risks in equities just now and also sentiment is a contra-indicator. When there is uncertainty, when people think things are going wrong, the next period returns are above average. One just compounds bad decisions by going with the flow and how everybody is feeling.”

A total of 99,550 shares changed hands on the counter till 12:29PM (IST).

Jyothy Labs, incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 7485.55 Crore) operating in FMCG sector.

On the technical charts, the RSI of the stock stood at 53.12.

Control Print, incorporated in the year 1991, is a Small Cap company (having a market cap of Rs 743.99 Crore) operating in IT - Hardware sector.

Further, addition of premium products in the portfolio such as Araldite, cost optimisation measures will help drive EBITDA margin of the company.

In the NSE list of stocks with a market cap of over Rs 1000 crore, six stocks crossed above their 200 DMA on January 25. >> For more such web stories click on the ET icon below

“The critical point for Tata Motors always was that the operating leverage is so huge that once the turnaround happens and if it sustains, then the profits which come will be so large that the stock becomes suddenly very cheap. Most analysts have projections of Rs 30 to 50 EPS for next year and the stock is cheap. We have bought into Tata Motors after a long time. There could be significant upsides over the next two years.”

Dalal Street investors were left poorer by Rs 4.9 lakh crore as the total market capitalisation of BSE-listed stocks dropped to Rs 2,76,495 lakh crore. Bank stocks were among the worst affected as Nifty Bank lost over 1,000 points or 2.5%. PSU bank stocks, which were outperforming in the last few months, were among the worst hit.

"Tata Motors should witness a gradual recovery as supply-side issues ease (for JLR) and commodity headwinds stabilize. It will benefit from macro recovery in India, company-specific volume/margin drivers, and sharp improvement in FCF and leverage in both JLR and the India business," Motilal Oswal said.