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On Wednesday, GNFC shares ended at Rs 529.30 on the NSE and were up by Rs 4.10 or 0.77% despite a lacklustre trade in the broader markets. Meanwhile, the benchmark indices BSE Sensex and NSE Nifty have been in a falling trend over the past five trading sessions on the back of twin banking disasters in the US.

GMR Airports Infrastructure, incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 24958.63 Crore) operating in Infrastructure sector.

Market veteran Shankar Sharma recommends that investors allocate at least 20% and 30% of their equity exposure to funds managed by professional investors. He also advises against investing in private banks or banks in general, and suggests that investors focus on small caps. He also recommends that retail investors allocate a portion of their portfolio to real estate, gold, and fixed income.

India VIX marginally moved up by 0.46% from 16.22 to 16.29 levels on Wednesday. Volatility is quoting near the highest levels of the last 28 trading sessions thus giving overall grip to bears in the market, suggest experts.

Reliance Communications is being sold by FIIs, and there are new challenges around the ARPU as far as the telecom business is concerned. There is also concern about the health of a lot of mid-sized US banks. The atmosphere in the US and the global markets is of concern, of panic.

Credit Suisse, which is battling to recover from a string of scandals that have undermined the confidence of investors and clients, was the latest casualty to be caught up in a crisis of confidence after the collapse of SVB last week.

Oil prices rose in early Asian trade on Thursday, clawing back some ground from more than one-year lows hit in the previous session as markets calmed somewhat after Credit Suisse was thrown a financial lifeline by Swiss regulators.

Stocks that were in focus include names like Gujarat Pipavav Port which rose nearly 2% to hit a fresh 52-week high, Sun Pharma Advanced Research which tumbled over 5% to a fresh 52-week low and Hindalco which pared gains but closed in the green on Wednesday.

The March quarter is also traditionally the strongest for cement companies in India because of demand from the construction and infrastructure segments, and analysts expect this trend to play out this time as well, anticipating a volume growth of about 8-10% sequentially. The volume growth will also be conducive in shoring up the operating profit as it lowers fixed costs, analysts said. The March quarter accounts for 27-35% of the cement sold during a year.

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