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The stock quoted a 52-week high of Rs 1352.9 and a 52-week low of Rs 997.4.

The markets have run up significantly. We are trading at all-time highs and a lot of the positives of the election seem to have got priced in. I think it is a given that BJP victory with a higher number of seats and NDA also with higher number of seats, that is kind of discounted in the market.

Sanjiv Bhasin advises caution on Bhel stock due to parabolic rise, suggests focusing on rail stocks instead for investment opportunities. Bhasin says we would say be a little cautious, wait out, hear the commentary and let some corrections come in because now you are chasing a parabolic rise which may not last for long.

JK Tyre & Industries stock soared 10.49% on BSE and 10.55% on NSE after reporting a 54% increase in consolidated net profit for Q4 ending March 31, 2024, reaching Rs 172 crore.

Despite the India VIX hitting record levels of 21.81, the highest since October 2022, the Nifty remains within a few percentage points of its all-time highs. The year 2024 holds significance not only for the Indian market, with domestic general elections looming, but also globally, with the US elections on the horizon.

A total of 845,969 shares changed hands on the counter till 12:07PM (IST)

It seems to be, but people seem to still be very scared. Everybody I am talking about is little worried that the markets will fall or that they have reached a peak and there is so much high. So, I think the problem is markets peak on optimism, not on relative pessimism, like we see today.

Short covering refers to the buying of shares in order to close an existing short position or a position that has been sold.

Indian Emulsifier shares debuted on the NSE SME platform on Wednesday, opening at Rs 430, a significant premium of 225.8% compared to the issue price of Rs 132. The IPO, consisting of 32.11 lakh fresh equity shares, garnered immense investor interest, with a subscription rate exceeding 450 times at the close of the offering.

Vandana Bharti expects further upside in base metals with potential Fed rate cuts stimulating economic activity and demand. The de-dollarization trend and high CPI in the US are key factors driving copper and industrial metal prices higher.Bharti says: "We are expecting that in LME we can see a level of $11,500 and on COMEX, we are expecting $5.5 or $5.75 in copper."