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Promoters held 48.76 per cent stake in the company as of 30-Sep-2021, while FII and DII ownership stood at 21.71 per cent and 9.28 per cent, respectively.

“We are very positive and we feel that in the next three to six months, the banking sector could regain leadership at the expense of technology or some of the other new generation stocks.”

Jubilant Foodworks Ltd. key Products/Revenue Segments include Pizza, Others, Beverages, Desserts, Dips, Other Operating Revenue and Others (Traded) for the year ending 31-Mar-2021.

The stock quoted a 52-week high price of Rs 724.5 and a 52-week low of Rs 398.75.

A total of 17,087 shares changed hands on the counter till 10:36AM (IST).

Earlier, there were speculations in the market that Gautam Adani-led Adani Group may acquire NDTV. However, NDTV promoters have shunned the rumours.

Autos a good contra buy and could have a cyclical rally in two-wheelers. For the industry, we see a good medium term uptick.

“There are a lot of opportunities in the overall markets but one should be very cautious in terms of picking up stocks here onwards.”

"If you think that the market is at a level where it is giving you sleepless nights, reduce your asset allocation. If you think that the market momentum is not likely to be changed, keep your asset allocation tilted towards equity; and if you are really bullish, go ahead and increase it."

Most prominent among them is Bharti Airtel. The telecom company’s stock had stood firm in the face of market weakness given investor confidence on earnings potential and valuations.