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The Relative Strength Index of the stock stood at 46.69 on Monday.

Paris would be less friendly to equity markets than Trump, so there is a bit of a risk off tone, then obviously the China rate cut is putting some downward pressure on Asian currencies as well.

A total of 540,180 shares changed hands on the counter till 11:06AM (IST)

Volatility is expected to elevate again as we approach the Union Budget 2024. India is in for a major event this week, the Budget, which has been crucial given the kind of spending the government of India is doing in certain sectors and which has a direct impact on the stock market, discounting every single statement and reflected in prices.

Nuvama advises holding Kotak Bank with a target of Rs 1,650. Despite a NIM decline from higher CoF and less unsecured loans, PAT rose 51% QoQ with a post-tax gain. RBI gaps are being addressed, and the CEO aims for mid-teens growth in unsecured loans.

Polycab India Ltd., incorporated in the year 1996, is a Mid Cap company (having a market cap of Rs 95469.26 Crore) operating in Consumer Durables sector.

ICICI Lombard General Insurance Company Ltd. key Products/Revenue Segments include Miscellaneous Insurance, Other Operating Revenue, Fire Insurance and Marine Insurance for the year ending 31-Mar-2024.

Reliance Industries shares dropped 3% to Rs 3,019 on BSE as it reported a 5% YoY profit decline, missing Street estimates for Q1. Jefferies lowered target price to Rs 3,525 citing retail underperformance and subdued oil-to-chemicals outlook. Nuvama set the highest target at Rs 3,786. Macquarie maintained a neutral stance, targeting Rs 2,750, citing potential downside to consensus EPS.

The stock quoted a 52-week high of Rs 663.4 and a 52-week low of Rs 371.45.