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“I would continue to remain somewhat overweight on simply because the visibility of earnings is fairly strong. ”

“Economic growth and financial buoyancy should not be seen in isolation. I believe that for a fast growing large economy like India, both have to move hand in hand and the Budget is one of the great platforms to ensure that the policy moves forward to further encourage and boost private investment in the economy and market.”

All of the top-10 digital tokens were trading lower during the trade on Monday. Terra dropped more than 10 per cent while XRP and Solana shed 5 per cent each.

Gold remained under pressure as the US dollar strengthened ahead of key central bank meetings, making bullion more expensive for holders of other currencies.

Net sales for the pharma major is seen rising 9.04 per cent YoY to Rs 9,635 crore from Rs 8,836 crore in the same quarter last year. Ebitda could climb to Rs 2,486 crore from Rs 2,406 crore in the year-ago quarter, the ET NOW poll suggested.

S&P BSE Sensex has climbed in the month following the budget day in only three of the past eight years since Prime Minister Narendra Modi came to power in 2014. It fell or traded rangebound on the other five occasions.

At 9.20 am, the BSE Sensex was trading 689.15 points or 1.20 per cent, higher at 57,889.38. The NSE Nifty50 stood at 17,311.70, up 209.75 points or 1.23 per cent. India VIX rose 5 per cent to 21.76, suggesting high volatility ahead.

Accumulate Jyothy Labs, target price Rs 165: Geojit

Updated at : 2022-01-31 10:20:05

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Jyothy Labs Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 5111.54 Crore) operating in FMCG sector.

AGS Transact makes a flat listing on stock exchanges

Updated at : 2022-01-31 10:20:05

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AGS Transact Technologies raised Rs 680 crore via its initial stake sale as the issue was open for subscription between January 19-21. The company sold its shares in the range of Rs 166-175 apiece, which was entirely an offer for sale.

L&T falls post reporting 16% drop in Q3 profit

Updated at : 2022-01-31 10:20:05

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The company had posted a consolidated net profit of Rs 2,466.71 crore in the same quarter of the previous fiscal.

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