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"The biggest beneficiary of the rally in aluminium and copper would be Hindalco and Nalco. Iron ore and that entire ecosystem around steel could also inch up and within that Tata Steel and Jindal Steel & Power are looking quite interesting at this point of time."

While competition risk stays, a few brokerages have a target of up to Rs 800 on TVS Motor, suggesting up to 24 per cent upside for the stock

"The outbreak of Covid-19 pandemic globally and in India is causing significant disturbance and slowdown of economic activity. However, the business activities of the company is going gradually on track in line with the lifting of restriction as were imposed by the state and central governments," the company said in a filing on BSE.

The convertible warrants will be in addition to 7,70,00,000 warrants as disclosed in the outcome of the board meeting dated February 3

A total of 5,093 shares changed hands on the counter till 11:47AM (IST).

The Relative Strength Index of the stock stood at 51.37 on Wednesday.

Sundaram Finance Ltd., incorporated in the year 1954, is a Large Cap company (having a market cap of Rs 24927.82 Crore) operating in NBFC sector.

As of 31-Dec-2021, promoters held 38.18 per cent stake in the company, while FIIs held 18.57 per cent and domestic institutional investors had 3.14 per cent.

The stock quoted a 52-week high price of Rs 449.8 and low of Rs 231.95.

Among Sensex names, Tech Mahindra advanced 1.94 per cent to Rs 1,460.60. HCL Tech gained 1.76 per cent to Rs 1,182.75. Bajaj Finserv, Maruti Suzuki, Wipro, Titan and HDFC Bank rose over 1 per cent each. IndusInd Bank, ICICI Bank, Bajaj Finance, Infosys and Axis Bank also gained over 1 per cent each.