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The participation of retailers increased 133 basis points (bps) to 21.6 per cent in September 2022, from 20.3 per cent in September 2021. Commodity trading volume saw the highest spike of 2,549 bps to 53.3 per cent from Rs 27.8 per cent during the period.

“My first Dusshera pick is Mazagon Dock Shipbuilders. This is a stock which should not be missed at any cost. Again the reason is the kind of profitability this company is reporting. I am seeing multiple increase in their valuation as such and from Rs 470 crore profit last year, this year, I expect that company to have profit in four digits.”

Brokerages remain positive on the issue amid reasonable valuations, growth prospects and dominance in the markets. However, a few have raised concerns over dependence on major brands and online competition.

A total of 50,547 shares changed hands on the counter till 02:10PM (IST)

“If one looks at the telecom part, we are seeing a 5G rollout and we expect some good traction in terms of ARPU over the next three to four quarters. The retail business is showing reasonably good tractions. We will have a bit of an issue in terms of the oil and gas business and the windfall tax related issues but the rest of the verticals are doing well.”

​The BSE Realty index has traded with a bit of weakness in the past year but on a two-year timeframe, the performance has been phenomenal as the index has gained about 95 per cent. During the same period, 10 realty stocks have outperformed the index and rallied over 100 per cent.

Nifty registered a bullish golden crossover in August (50-DEMA crossing above 200-DEMA), implying a major shift of momentum in favour of bulls from a medium-term perspective.

The project comprises the construction of a 10.559 km elevated viaduct and 11 stations from Bheshan Dead End to Majura Gate station.

CASA deposits at the bank also grew to Rs 1,10,205 crore in the September quarter as against Rs 97,889 crore in the same quarter a year ago.

Fall in bond yields, recovery in equity markets and signals of waning inflation sent the crypto markets higher. However, the tokens did not go soaring as fears over the worst are not yet over.The volumes of Bitcoin traded surged about 30 per cent as the worst $31.7 billion exchanged hands in the last 24 hours, the data suggested. The total market cap of Bitcoin was hovering around the $390 billion mark.