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In that process, bad performers are removed, and new ones are added to reflect the trend of the market. It has been noticed that the number of stocks that can maintain its solid performance over the long-term is limited; thus, investment in midcaps carries a high level of risk.

Exports may be dented further due to the global slowdown but, the rupee is likely to appreciate with the expectation on a moderating pace of rate cuts by US Fed and softening of crude oil prices.

A total of 8,476 shares changed hands on the counter till 02:10PM (IST).

The demand by retail sector for leasing space has also witnessed a surge. According to the report, Retail demand is up by 166% Y-o-Y led by categories of fashion & apparel brands, supermarkets, and homeware stores.

Market experts believe that this is a hiatus before another leg of rally and traders can make money from stock specific actions. Based on the recommendations from the analysts here are seven stocks, that may rally sharply in the near term.

As of 30-Sep-2022, promoters held 74.03 per cent stake in the company, while FIIs held 8.42 per cent and domestic institutional investors had 5.09 per cent.

"We are concerned about the potential directives from CCI to the currently approved bidder asking to divest a few plants for meeting market share norms. It may impact the Puducherry plant and its employees," the letter states.

Cholamandalam Investment & Finance Company (CIFC), incorporated in the year 1978, is a Large Cap company (having a market cap of Rs 60831.85 Crore) operating in NBFC sector.

"The China reopening trade maintained its strong momentum in the beginning of this week. The positive headlines continued to fuel risk sentiment in China," said Ken Cheung, Chief Asian FX Strategist at Mizuho Bank.

A total of 44,455 shares changed hands on the counter till 01:34PM (IST)