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She said such runs of currency are short lived and tend to bounce back quickly as the economic situation stabilises and many believe that the dollar appreciation might be on its last phase.

The Indian market is opened lower on Thursday tracking muted global cues.The S&P BSE Sensex slipeed over 200 points while Nifty50 declined below 17,500 levels in opening trade.We have collated stocks from various experts for traders who have a short-term trading horizon:

“Financials is a segment which has performed very well in the current quarter and should continue to do so going forward as well. Also defence space has a lot of tailwind. Some other individual companies – real estate, downstream real estate companies that are building material companies also have done very well and have beaten expectations on many counts.”

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Ambar Protein Industries and IKAB Securities & Investment also rallied 2,636 per cent and 1,847 per cent respectively during the period. Gensol Engineering also rose 1,637 per cent during the same period, the data suggest.

"Operating performance for the quarter ended September was better than its peers. Q2 was largely in line with estimates and the demand outlook is also looking strong," the brokerage said.

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Promoters held 62.55 per cent stake in the company as of 30-Jun-2022, while FII and DII ownership stood at 11.85 per cent and 7.07 per cent, respectively.

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Havells India Ltd., incorporated in the year 1983, is a Large Cap company (having a market cap of Rs 75810.60 Crore) operating in Consumer Durables sector.

“As the world markets are getting cheaper, we could see some kind of a slowdown in foreign capital flows and that is what is leading to the net negative flows right now. So that trend might continue till such time there is stability in the currency, which does not seem to be the case right now.”

Pidilite Ind shares up 1.55% as Nifty drops

Updated at : 2022-10-20 11:30:01

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A total of 6,427 shares changed hands on the counter till 10:46AM (IST).

A board meeting of Rajnandini Metal is also lined up to deliberate fundraising. Embassy Office Parks REIT other than quarterly earnings will also deliberate over dividend.

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