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Brokerage firm Motilal Oswal is bullish on a few large-cap stocks, which belong to different sectors such as FMCG, IT, and banking.

​Volume growth may be a little more suspect this year in my view except for those again which are rural facing. So you may expect to see companies like Dabur actually do better.

Buying demand emerging after a base above 20 days EMA and at thecusp of breakout above last three weeks range signaling furtherupsides in coming sessions.

The brokerage has factored revenue/EBITDA CAGR of 12/10% over FY23-25. Management hasreiterated improved funnel of new deal, but its translation into meaningful growthwill be key for TCOM to achieve double-digit earnings growth. The silver lining is itsstrong FCF of INR14-23b despite increase in capex implying FCF yield in the mid-single digits and healthy ROCE of over 20% and continued deleveraging. Sustained improvement in earnings growth visibility willbe vital for valuation rerating

​You can make a trade-off between passing on the decline in prices to the consumer and giving a boost to demand or having the margin expand or a combination of the two, in any case it will be positive.

Yes but the cash flow and profits are still far away compared to still the valuations that they have and I said just a while ago that for us risk management is priority so we are not in the business of taking punts, which play out basically on luck.

After the Reserve Bank of India decided to maintain its policy rates, banking stocks remained stable while stocks in rate-sensitive sectors such as automobiles and real estate faced profit booking. The reaction of the stock market was expected, with investors predicting no major surprises in the policy statement. Although the RBI Governor highlighted macroeconomic improvements, concerns about monsoon season and the potential impact of El-Nino conditions still linger. The central bank maintained a GDP growth forecast for FY24 of 6.5%.

The Indian equity markets today provide 3G, a better growth than our peer group, better governance than our peer group and more importantly, better commitment to environment than our peer group.

​The RSI value ranges between 0 and 100. Herein the StockEdge data takes into consideration the time period of 14 days to compute RSI.​

Nilesh Shah, MD of Kotak Mahindra Asset Management Company, compared RBI Governor Shaktikanta Das to opening batsman Sunil Gavaskar for standing without fear in front of a challenging global environment. The RBI is balancing growth and inflation, said Shah. The Indian market would be pleasantly surprised if GDP growth for FY24 came in line with RBI expectations of 6.5%, he added. Meanwhile, at the three-day meeting of RBI’s monetary policy committee, the decision was unanimously made to keep the policy rate unchanged at 6.50%.