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Dwarikesh Sugar Industries Ltd., incorporated in the year 1993, is a Small Cap company (having a market cap of Rs 1674.00 Crore) operating in Sugar sector.

We believe that undergoing positive momentum will continue. This could take the stock towards its lifetime high of Rs 136.70. The stock is positively poised above its key moving averages on major timeframe charts.

Adani Ports, Chambal Fertilizers, Cholamandalam, Dhanuka, JK Tyre, Kansai Nerolac, Karnataka Bank, LIC Housing Fiaance, Sun Pharma, Tata Investment, Tech Mahindra, UPL, Voltas, Varun Beverages, Max Healthcare and Macrotech among others will be announcing their Q2 results.

Getty Images, which returned to public markets in late 2021 after merging with a SPAC, rallied nearly 35%, while Revlon Inc, which said last week that it was exploring a sale of the bankrupt company, rose 4.8%. Canadian cannabis company Tilray, meanwhile, jumped 12.1%.

The S&P BSE Sensex rose nearly 800 points while the Nifty50 closed above 18000 levels on Monday.

"We are very bullish on the Indian domestic theme like banks, capital goods & infra, auto, midcap cement, pharma, and steel. We also believe that some IT stocks like Wipro are giving a good opportunity for long-term investors to grab considering a 15-20% correction from here is possible as the US is in recession risk."

“When there is a very bullish environment like now in India, valuations go up and the terrific bargains that you normally would want to fight for are not so plentiful. Whereas in countries which are sort of bombed out like in Turkey or South Africa, things are down a lot and there is pessimism. Brazil will be another example, So more opportunities and way more bargains.”

CLSA downgraded Tata Steel to sell with a target price of Rs 90 as Q2 results were below estimates.

“HDFC Bank is the top performer in terms of the balance sheet. One should definitely look at HDFC Bank. The entire Bank Nifty is close to an all-time high and HDFC Bank is still struggling. If one looks at risk versus reward, then picking HDFC Bank from here is a no brainer.”

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Bharat Electronics Ltd. key Products/Revenue Segments include Electronic Components & Equipments, Sale of services, Other Operating Revenue, Scrap and Rent for the year ending 31-Mar-2022.

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