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Mumbai-based Apar Industries’ shares have surged by 330% over the last year, outperforming the Nifty50, which has returned 12.5% in the past 12 months. The stock’s growth can be attributed to its technical performance and strong fundamentals, suggest reports. Technical analyst Nilesh Jain predicts the stock could reach INR3,200 ($43) and even INR3,500, while fundamental analysis by local brokerage firm Prabhudas Lilladher forecasts a target of INR3,832, a 45% upside. The firm recently revised its FY25E forecasts up by 11.2% on the expectation of demand for conductors and cables in markets such as the US, Australia and Europe.

Jyothy Labs, incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 7481.88 Crore) operating in FMCG sector.

​When in early April we upgraded I would probably upgrade, the word upgrade is basically primarily to represent the fact that we were looking that the Indian markets or Nifty should head towards the 18000-18500 levels from the 17000 levels.

Shares of TVS Motor Company could see an uptick towards Rs 1,400 level according to experts, following a breakout from a Rectangle pattern on the weekly charts. While consolidation or profit booking could happen in the short term, experts recommend traders buy the stock on dips as long as it stays above Rs 1,155 levels on a closing basis. The moving average convergence/divergence indicator (MACD) is above its center and signal line, implying an upward trend. The RSI on the weekly timeframe also reflects positive momentum.

The Nifty Realty index closed 0.86 per cent up at 452.35.

Bharat Heavy Electricals (BHEL), Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), Manappuram Finance and Canara Bank are the four stocks being placed under F&O ban on Thursday, with contracts banned when open interest exceeds 95% of market-wide positions limits. The ban is only lifted when open interest falls below 80%. Although under F&O ban, the stocks will remain available for trading in the cash market and are said to be experiencing volatile trading within normal ranges.

Firstsource Solutions, incorporated in the year 2001, is a Mid Cap company (having a market cap of Rs 9008.61 Crore) operating in IT Enabled Services sector.

Weekly “multiple resistance” breakout at 536 levels, accompanied with huge volumes.

In the Sensex pack, Tech Mahindra, Indosys, HDFC HCL Tech, TCS, and Asian Paints opened higher. On the other hand, only L&T, Bharti Airtel, Nestle, ITC and Power Grid opened in the red.

I think by the end of the year we could definitely reach the 2% target. But I do believe that there will be more rate hikes required. I mean, it is possible for the Fed to pause on that cycle.