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Karnataka Bank Ltd., incorporated in the year 1924, is a banking company (having a market cap of Rs 3720.66 Crore).

Amid the ongoing result season, analysts believe select stocks are on the verge of a breakout and ready to deliver solid returns in the near term.

Dhanuka Agritech Ltd. key Products/Revenue Segments include Agrochemicals, Other Operating Revenue, Scrap and Power Generation for the year ending 31-Mar-2022.

During an analyst call, Airtel management reiterated that a tariff hike is the only way to improve the current low RoCE of 8.5% but said it was difficult to comment on the timeline for the next tariff hike as it will depend on how the competition responds.

“India is a great story and the Indian companies are very good but from an investment perspective, in the short term, India is looking a bit pricey though it has performed very well. So if China seems to be basing out, then a little bit of money might come out of India in the short term but in the medium to longer term, India still remains a very attractive market with some very attractive companies.”

The Fed commentary after the expected 75bp rate hike, particularly Jay Powell’s remark that the terminal rate is likely to be higher than thought earlier, disappointed markets which resulted in a selloff in US markets, V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.

Dalmia Bharat Ltd., incorporated in the year 2013, is a Mid Cap company (having a market cap of Rs 30667.06 Crore) operating in Cement sector.

“The Indian market is in a fair value zone. We are not euphoric and in my view this is a sort of a buy-on-dips market. Any correction is a buying opportunity because the kind of growth numbers that we expect over FY24 in India is going to be leading growth numbers among its peers.”

The S&P BSE Sensex fell more than 200 points while the Nifty50 managed to hold on to 18,000 levels on Wednesday.

Sun Pharmaceutical Industries Ltd., incorporated in the year 1993, is a Large Cap company (having a market cap of Rs 252398.04 Crore) operating in Pharmaceuticals sector.