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Equity strategist Hemang Jani believes that India has a long runway of growth for food delivery, fintech, and other industries. Market exuberance for startup companies has returned as prices among these companies fell sharply and operational numbers have improved. Zomato and Paytm are two popular startup companies that are becoming more compelling for high-risk investors.

I do not think we are at such a situation right now so we actually have banks as one of the most preferred places for us in the market primarily because given the kind of nominal GDP growth that we have in India and the penetration levels so you will get decent credit growth.

​ICICI Direct recommended to keep stop loss at Rs 304.7 Canara Bank, incorporated in the year 1906, is a banking company (having a market cap of Rs 55539.60 Crore).

Despite recording stronger-than-expected Q4 earnings, Bajaj Auto shares fell. The company has seen some market share losses in premium bikes and exports. Jefferies analyst Nitij Mangal sees multiple tailwinds, including the rebound of domestic demand and gradual export recovery.

Its revenue from the India segment rose 13.3% to Rs 1,468 crore. Meanwhile, the European business of the company outperformed the Indian business by 5.8%. Europe revenue clocked at Rs 1,553 crore for the quarter, constituting nearly 51.4% of total revenue.

Promoters held 54.98 per cent stake in the company as of 31-Mar-2023, while FIIs owned 12.35 per cent, DIIs 10.79 per cent.

​We are in the top quartile of the FMCGs. So, in this quarter, if you look at specific businesses per se, India business beverages, tea specifically, back to volume growth, 1% volume growth, 3% revenue and margins almost coming back to normalised.

Hemang Jani, suggests that ITC is still cheaper than its peers, and with its solid performance across divisions, it is still the best time for investors to hold onto ITC. Jani also maintains a positive bias on Maruti and Ashok Leyland in the auto sector, as despite the relatively higher base, he believes it will deliver strong earnings growth.

ICICI Bank has outperformed BSE Sensex, Nifty50 and banking indices Nifty Bank and BSE Bankex, registering over 21% returns over the past 12 months amid robust Q4 earnings and technical triggers. According to Rajesh Palviya, VP of Technical and Derivatives Research at Axis Securities, the stock is in a strong uptrend across all time frames, with a series of higher tops and bottoms, rebounding sharply after recapturing its 20, 50, 100, and 200-day SMA. Sharekhan maintains a "Buy" rating on ICICI Bank with a target price of Rs 1,120. Key risks include economic slowdown, slower loan growth, and lower margins.

The cement stock hit a record high of Rs 598 on 9th December 2022 but failed to hold on to the momentum. The stock found support above Rs 320 levels in February 2023 and bounced back but it failed to clear resistance around Rs 400 levels.