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Gujarat State Petronet Ltd., incorporated in the year 1998, is a Mid Cap company (having a market cap of Rs 16429.84 Crore) operating in Gas & Petroleum sector

Sanjiv Bhasin advises strategic stock purchases amidst market fluctuations, emphasizing opportunities in largecap banks, commodity stocks, undervalued companies like Engineers India, and potential rural recovery themes through auto stocks like Escorts.

The stock quoted a 52-week high of Rs 6330.0 and a 52-week low of Rs 3248.0.

Several other companies scheduled to release their financial results include Cholamandalam Finance, Eicher Motors, Finolex Industries, Jupiter LifeLine Hospitals, Kalyan Jewellers, Piramal Pharma, Punjab and Sind Bank, Spencers Retail, TCI Express, Thermax, and more.

Anthony Heredia observes a shift in investment trends towards flexi, multi, and thematic funds over small and midcaps. SIP numbers surpass 20,000 crores in April. Industry focuses on easing KYC process for investors.

Jiten Parmar advises caution in the market due to high valuations and upcoming capacity, favoring large private banks over capital goods stocks. He sees potential in the chemical sector for revival based on normalized margins and cost optimization.

On the weekly options front, the maximum Call OI is placed at 22500 and then towards 22300 strikes while the maximum Put OI is placed at 22000 and then towards 21500 strikes.

Waaree Renewable Technologies, a smallcap solar company, has emerged as the leading gainer in the solar sector, boasting an astounding annual return of 1,318%. It is followed by WAA Solar with a gain of 561%, Zodiac Energy with 393%, and SJVN with 236%.

Indian benchmark indices surged today. Auto and energy stocks drove the gains. NTPC, ITC, Axis Bank, JSW Steel, and Power Grid were the top gainers.