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A normal monsoon forecast for India is a necessary but not sufficient condition for a good Kharif harvest, said Madan Sabnavis, Chief Economist at Bank of Baroda, due to variables such as timing and location of the monsoon. Food prices could be under pressure if a delay occurs as farmers would shift crops, like rice to pulses. Wheat has already suffered damage from excessive rain and heat. Food inflation could be the joker in the pack, upsetting calculations from a rate-raising perspective, said Sabnavis.

Meanwhile, internet logistics company Delhivery may see shipment volumes declining 4% year-on-year and flattish quarter-on-quarter. Overall, Delhivery’s revenue is expected to grow 5.8% quarter-on-quarter in the fourth quarter, according to ICICI Securities.

"It will also help Neogen to greatly reduce approval times with Lithium Ion Battery makers. Neogen is honoured to be a recipient of this first-ever license issued by MUIS, the part of MCC of electrolyte manufacturing technology anywhere in the globe," the company said.

Madangopal Ramu, believes Indian private banks are doing exceptionally well. Sundaram Alternates investing in small banks and NBFCs that move from unorganised lending to more organised structures. Banks and NBFCs that embrace digital technology and have good cost management are expected to experience better penetration rate in the next 5-10 years. Furthermore, healthy valuation and an upward earnings momentum will likely result to better deposit growth rates for Indian banks.

Corrected valuations due to its underperformance, a Strong vibrant financial bank system, and a possibly stronger Rupee due to weaker commodities and lower import bills could augur well in the domestic bourses in 2H2023 for India.

Domestic brokerage firm Motilal Oswal has come up with four stock picks for this week that can rally up to 32% in the next one year.

Greenpanel Industries, incorporated in the year 2017, is a Small Cap company (having a market cap of Rs 3433.57 Crore) operating in Building Materials sector.

"18% ROE is what we want to aim for. We have never come even close to that number. And you will see over the last couple of quarters we have started hitting that number. Before you say it, yes, it was helped partly by the expansion we got on the rent advice."

Every time the pharma stock tested this crucial moving average, the stock showed signs of upwards momentum. As long as the stock holds on to 200-DMA or near 950 levels, bulls should remain in control, suggest experts.

According to the report, the S&P BSE India Government Bond Index increased by almost 3% in 2022. Interestingly, less than one-third of active managers beat the benchmark in 2022, with an underperformance rate of 68%. Indian composite bond funds fared the best in the same period, with only 45% underperforming the S&P BSE India Bond Index.