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Even likes of Jio Finance, you are getting into good price correction. So, certainly, whatever the requirement of money that we require in our funds, we currently take up this kind of activity and position ourselves in buying these companies.

Arvind Sanger believes largecap quality companies in India are good hiding places amidst speculative excess in mid and smallcaps. In the US, dollar strength continues due to good economic growth and rising inflation. He notes concerns about earnings in India slowing down, unlike the US, where high multiples in tech firms may create correction risks.

Adani Power led a surge in Adani Group stocks on January 14, with shares rising up to 17% in volume. Adani Power rose 16.86% to Rs 526.05, while Adani Energy Solutions surged 11.4%, and other stocks like Adani Total Gas and Adani Green Energy hit upper circuit limits. The rally coincided with a broader market recovery led by banking and auto stocks.

As of 31-Dec-2024, promoters held 43.91 per cent stake in the company, while FIIs held 13.27 per cent and domestic institutional investors had 1.87 per cent.

BNP Paribas remains optimistic about Hindustan Unilever, Britannia Industries, and Titan Company despite challenges in the consumer staples sector. The sector faces branding and distribution disruptions, weak sales growth, and earnings downgrades. Experts predict subdued Q3 FY25 performance, but strategic picks offer opportunities. Hindustan Unilever, Britannia Industries, and Titan Company are preferred in the consumer discretionary space.

The Relative Strength Index of the stock stood at 31.3 on Tuesday.

A total of 397,915 shares changed hands on the counter till 12:07PM (IST)

BR Goyal Infrastructure raised around Rs 85 crore through its IPO, which was subscribed by a decent 118 times. The non-institutional investors led the bidding as the category subscription stood at 257 times.

The stock quoted a 52-week high price of Rs 9194.95 and low of Rs 4868.50.

Global brokerage firms have provided their latest views on key Indian stocks, recommending investments in AB Capital, Biocon, LIC, ICICI Lombard, and Avenue Supermarts for the year 2025. Upgrades and revised target prices suggest potential returns ranging from 20% to 48% across diverse sectors.