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Sectoral analysis of the winners of 2022 shows that Nifty PSU Bank index and Nifty CPSE index have been the top two gainers of the year with an upside of 65% and 19.5%, respectively, so far. On the other hand, the IT index has been the top wealth eroder and has so far lost over one-fourth of its value.

"We expect more volatility in Indian indices in the first half. But as we move closer to end of 2023, we expect inflation to moderate, giving RBI options to provide a monetary stimulus. With 2024 being an election year, we expect the government will spend on rural and infrastructure development leading to a recovery in consumption in India. We expect indices to be under pressure in H1 2023 but recover in H2."

“Volatility is likely to be the hallmark in the near term amidst December F&O expiry this Thursday. Technically, Nifty’s major support is seen at the 17,407-17,567 zone with intraday support at 17,871. On the upside, Nifty will now face hurdles at the 18,221 mark, while confirmation of strength only if the index closes above the 18,473 mark,” Prashanth Tapse - Senior VP (Research) at Mehta Equities said.

“In the next couple of quarters at least, one should be fairly safe in terms of investing in real estate. The demand has picked up quite considerably for domestic housing and at some stage, even the commercial areas will start doing quite well. So, if you were to pick up any of the decent companies which are not very overpriced, especially in Bangalore, you are fairly well off from a portfolio perspective.”

The Nifty IT index was trading 0.1 per cent up at 28415.3.

A total of 5,098 shares changed hands on the counter till 10:00AM (IST).

Gokaldas Exports Ltd. key Products/Revenue Segments include Textile Apparels, Export Incentives, Scrap, Job Work for the year ending 31-Mar-2021.

Promoters held 0.0 per cent stake in the company as of 30-Jun-2022, while FII and DII ownership stood at 8.68 per cent and 2.1 per cent, respectively.

Oil And Natural Gas Corporation Ltd., incorporated in the year 1993, is a Large Cap company (having a market cap of Rs 177759.35 Crore) operating in Gas & Petroleum sector.

After being the best performer within the automobile pack in 2021 and giving multibagger returns, Tata Motors was knocked down by Dalal Street investors as the outlook for its arm Jaguar Land Rover was clouded by the global headwinds even as the domestic business