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A split government could result in political gridlock that stymies major policy changes, an outcome that investors see as favorable for equities. Regardless of the winner, past midterm elections have ushered in a period of positive market performance, something investors would welcome after a year in which the S&P 500 has declined by nearly 21%.

"The market levels would be a function of the growth environment and interest rate outlook. Sectors focused on the domestic economy, especially the manufacturing sector have better growth visibility versus sectors whose outlook hinges on the global growth environment. In general, businesses with lower capital requirements and lower leverage on the balance sheet should outperform others."

Titan Company Ltd. key Products/Revenue Segments include Jewellery, Watches, Precious & Semi Precious Stones, Eyewear, Others, Other Operating Revenue, Scrap, Other Services for the year ending 31-Mar-2022.

Crompton Greaves Consumer Electricals Ltd., incorporated in the year 2015, is a Mid Cap company (having a market cap of Rs 23308.39 Crore) operating in Consumer Durables sector.

“We are ensuring that all the gaps that need to be breached, should be breached and so overall, it will have an impact on the quality of the loan book which should eventually show up into our provisioning numbers. But yes, I would like to put a caveat that it is a function of how the real economy performs.”

In the spot market on Friday, the highest purity gold was sold at Rs 50,522 per 10 grams while silver was priced at Rs 58,755 per kg, according to the Indian Bullion and Jewellers Association.

Healthy growth momentum coupled with improvement in margins and asset quality is expected to aid RoA and, thus, valuations, said ICICIDirect Research, with maintaining a buy rating and a target price of Rs 170 on the stock.

Safari Industries (India) Ltd., incorporated in the year 1980, is a Small Cap company (having a market cap of Rs 4395.35 Crore) operating in Plastics sector.

"The Nifty50 looks well positioned for more upside. Bank Nifty shall also see higher levels as the street is heading into the next week with strong expectations from SBI results. Robust numbers from PSU Banks have been the flavour of this quarter. On the technical front, the key resistance level for Nifty is 18,250 and on the downside 17,900 can act as strong support."

Macquarie maintained an outperform rating on Cipla post Q2 results and increased the target price to Rs 1265 from Rs 1220. It was an operational beat after adjusting for one-offs, the brokerage said.