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Container Corporation of India Ltd., incorporated in the year 1988, is a Large Cap company (having a market cap of Rs 42087.01 Crore) operating in Logistics sector.

The stock quoted a 52-week high price of Rs 3258.05 and low of Rs 1344.6.

Mishra suggested investors to select IT stocks with a medium-term outlook. He has picked Infosys and TCS from the largecaps, whereas Mindtree, LTTS, Cyient and Persistent Systems are his picks from the midcap pack. Prabhakar from IDBI Capital is neutral on the IT pack as he believes that the technology budget might get trimmed but due to its increased penetration in day-to-day life, a smooth operation will not be possible.

The global cryptocurrency market cap was trading lower at the $951.77 billion mark, falling as much as 2 per cent in the last 24 hours. However, the total trading volume dropped about 17 per cent close to $54.09 billion.

The highest new OI addition was seen at 17700 for Calls and 17000 for Puts in weekly and at 18000 for Calls and 16000 for Puts in monthly contracts.

As of 31-Mar-2022, promoters held 65.4 per cent stake in the company, while FIIs held 20.01 per cent and domestic institutional investors had 0.15 per cent.

“September will be the first month where the balance sheet reduction by the US Fed will become more aggressive. Right now, there is a $30-35 billion reduction every month. It will go up to around $95 billion of reduction per month from September. Monetary tightening combined with this sort of liquidity withdrawal together has never happened in the past. ”

"Powell maintained that the Fed will continue with its tightening policy until the inflation is brought down substantially from a four-decade high. The Fed chief also said that the September rate hike decision will be data-dependent," he added.

A total of 5,164 shares changed hands on the counter till 10:56AM (IST)

Indo Count Industries Ltd., incorporated in the year 1988, is a Small Cap company (having a market cap of Rs 3126.81 Crore) operating in Textiles sector.