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The Nifty Auto index closed 0.39 per cent up at 12745.5.

“In the September 2022 quarterly result strength continues where earnings growth is muted, then there will be a fight between fundamentals and flows and India may not be an outperformer. It would suffice to say earnings growth next year will determine whether India is an outperformer, market performer or underperformer.”

In October, SIP contribution crossed the Rs 13,000 crore-mark. Inflows from SIPs stood at Rs 13,040.64 crore during the month as compared to Rs 12,976.34 crore in September.

Maruti Suzuki India Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 269494.68 Crore) operating in Auto sector.

Nykaa informed the stock exchanges that Arvind Agarwal will leave the company and step down from his role on November 25, adding that he would "pursue other opportunities in the digital economy and start-up space".

The important point is that hobbies can take many forms, whether it’s an activity that one enjoyed during youth or a skill one would like to hone, or it may be something entirely new. However, that diversification effort has to start right away.

In the NSE list of stocks with a market cap of over Rs 500 crore, five stocks crossed their previous 5-year high value at the close on November 22, suggesting bullishness in counters.

“Some of the midcap IT names have shown a bit of a resilience and when we look at the numbers – be it MindTree, LTI, LTTS and Persistent Systems – many of these companies have delivered extremely good sets of numbers and improved margins. There is a case for some sort of a revival in the broader IT space and some of these midcap names also.”

The stock quoted a 52-week high price of Rs 1521.6 and low of Rs 1070.95.

The risk-reward skew at current market price is very attractive in our view (5.3:1); while we acknowledge growth has been slowing in e-commerce sales in FY23, we believe it is a transient issue and is unlikely to be symptomatic of structural weakness in the space,” the brokerage said.