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In the recent days, thanks to massive buying due to improving margins led by rising crude oil prices and bullish analysts, Oil India has smashed most targets set by brokerages and delivered more than 100 per cent returns in the last one year.

Policy focus is now firmly on calibrated withdrawal of accommodation to ensure inflation remains within the target going forward while supporting growth. This is reflected in the forward guidance, where the reference to ‘remaining accommodative’ has been dropped. These decisions align to achieve the medium-term target for consumer price index (CPI) inflation of 4% within a band of +/- 2%, while supporting growth.

Vested Finance is a platform that enables Indian investors to invest in the US stock market. The premium customers will now get the option to put their money in crypto assets as well.

Promoters held 38.17 per cent stake in the company as of 31-Mar-2022, while FII and DII ownership stood at 17.7 per cent and 3.73 per cent, respectively.

“Among banks, SBI, HDFC Bank, ICICI Bank as well as Axis Bank are the primary beneficiaries. In real estate stocks, there will be some amount of continued momentum in select names like Sobha Developers, Phoenix and even DLF, which is extremely well positioned after restructuring their balance sheet and lowering their leverage.”

IPL rights renewal should yield the biggest delta for SunTV – the owner of Sunrisers Hyderabad (SRH) – as SRH’s valuation may spike the most, even as the contribution to the future market cap may look skewed, the report said.

A total of 87,657 shares changed hands on the counter till 02:06PM (IST)

The stock quoted a 52-week high price of Rs 732.9 and a 52-week low of Rs 467.5.

“I will just add to the positions in my existing portfolio. I remain very bullish on India structurally. This is a year with the monetary tightening going on but in America and India if the Indian market can trade sideways this year for the most of this year that is a very good outcome.”

The central bank has set the stage for more rate hikes by sharply increasing its inflation projections for the current year. India faces significant upside risks to inflation from the surge in global commodity prices following Russia’s invasion of Ukraine.