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BofA Securities maintained buy rating on Sun Pharma with a target price of Rs 1030. The stock closed at Rs 879 on 26 August. There is some scepticism in llumya ramp-up despite upside risk, the investment bank said. It is a buy on earnings support from the specialty sector, said the note.

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Shares of Nelco have risen more than 45 per cent in the last one month. The counter has delivered a return of about 100 per cent in the last one year. The stock has zoomed about 375 per cent since April 1, 2021.

Crypto Week at a Glance: How the market moved

Updated at : 2022-08-29 11:15:01

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By the end of the week, on Sunday, the market stabilized a little bit, but the losses over the weekend still stood up high and the day ended without getting bullish. Over the analysis of the International exchange books, the buy-side is thin. This phase of the market cannot turn around in just a few days with such conditions.

To make money in the stock market, do nothing

Updated at : 2022-08-29 11:15:01

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The very best advice would have required a crystal ball: You should have sold precisely on Jan. 3, when the S&P 500 stock index was at its peak, and bought on June 16, when it hit bottom. (Then, quite possibly, you should have sold again on Aug. 16, before the market turned rocky. The verdict is still out on that one.)

"We believe anything and everything green is a theme of the future and is here to stay. Further, looking at the increasing acceptance and sales trend of EVs in India, looking at the investments being made in the EV space including EV ecosystem there is no denial of the fact that a paradigm shift is around the corner. But that does not mean for investors it is an opportunity to invest."

"In India, there are opportunities across the market capitalisation curves. A lot of sectors, new themes, new segments are emerging. As we move from $1,800-2,000 per capita income to $3,000 per capita, a lot of new themes will come in. In the last five years, general insurance, chemicals, diagnostics, exchange companies have come out in the listed space. A lot of these were not listed five, six years back."

Sell Lupin, target price Rs 625: Chandan Taparia

Updated at : 2022-08-29 11:15:01

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Lupin Ltd. key Products/Revenue Segments include Pharmaceuticals, Other Services, Other Operating Revenue and Export Incentives for the year ending 31-Mar-2022.

Rupee opens at record low of 80.07 against US dollar

Updated at : 2022-08-29 11:15:01

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Asian currencies and equities tumbled on Monday after Powell said the US central bank would raise rates as high as needed and would keep them there "for some time" to bring down inflation near its medium-term goal.

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At 9.27 am, the BSE Sensex was trading 1,098 points or 1.87 per cent lower at 57,760.47. It had opened over 1,300 points lower. Nifty50 was trading at 17,240.50, down 318.40 points or 1.81 per cent. It, too, fell below 17,200 at open.

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G R Infraprojects Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 13246.39 Crore) operating in Construction sector.

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