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During this period, the price has made a Lower Top Lower Bottom pattern. Volumes were quite low in this downfall. The stock gave an upward move to retest its previous high of 272 before witnessing some selloff to make a low of 207 in Sept 2022.

"We expect tightening monetary conditions and weakening global growth to weigh on domestic growth. We foresee $/INR at 85, but not materially worse, as the inherent strength of the domestic economy will play a role in influencing capital flows. We are on the road, but by no means at the end of it, and more volatility remains. "

"One way to clearly play manufacturing will be automation companies like ABB, Siemens, Honeywell Automation which will drive more efficiencies and bring in more automation into the existing processes of these companies – what we call Industry 4.0. That is a clear beneficiary because most of the manufacturing plants need to gear up to take advantage of this new change in environment."

S&P BSE Sensex rose nearly 400 points while Nifty50 closed above 18,100 levels on Tuesday.

“When these kinds of transactions happen, consolidation takes little time but if somebody is a long-term investor, it is a great opportunity to buy HDFC Ltd at the kind of valuation which was unthinkable before the merger was announced. So start accumulating HDFC Bank if you are looking to build a long-term portfolio. ”

Larsen & Toubro Ltd., incorporated in the year 1946, is a Large Cap company (having a market cap of Rs 284464.62 Crore) operating in Construction sector.

Investors widely expect the Fed to raise its benchmark interest rate by 75 basis points (bps) on Wednesday, the fourth such increase in a row. But for the December meeting, the futures market is split on the odds of a 75- or 50-bps increase amid recent suggestions from Fed officials of a potential slowdown in the tightening pace.

Amid the ongoing earnings season, EIH, Gati, Andhra Paper, Jamna Auto, KSB, Mahindra and Mahindra Financial Services, Mahindra Holidays, Procter & Gamble Hygiene, Relaxo and Adani Transmission, among others, will be announcing their Q2 results.

Torrent Power Ltd. key Products/Revenue Segments include Income From Power Supply, Traded Goods and Other Operating Revenue for the year ending 31-Mar-2022.

Aaress has already acquired 1036 acres of land and is in the process of acquiring another 933 acres, the company said in a statement, and added that it has already received environment clearance and water drawl sanctions. The project will add about 10,000 direct and indirect jobs, it said.