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"The Nifty Midcap index has rallied smartly from the recent swing low and has surpassed the April 2022 swing high by a small margin. But given the uncertainty in the global markets, we could see a rise in volatility in the near term in the midcap basket. Thus, it is better to be very stock specific and focus on companies that have focused on domestic growth opportunities and have seen consistent earnings growth."

“By and large when the market is super bullish on looking for new ideas, holding companies come up and one can see some of their discount narrow. One can look at Tata Investment as that has always been a stock which has traded at almost 40-50 discount to its holding. One could look at that as a closed-end mutual fund,” says Anand Tandon.

“For something that grows at 10-11%, we are paying 27-30-40 times earnings and it is the rainy season. So a lot of demand will come in the December season, for the Diwali. That expectation plus the price hikes are making cement stocks go up, but overall I feel it is a very temporary move. These stocks are overvalued. This is not the greatest time to buy into a five-year cycle. I am avoiding the sector for now.”

La Opala RG Ltd. key Products/Revenue Segments include Glass & Glassware, Export Incentives, Scrap and Electricity for the year ending 31-Mar-2021.

The global cryptocurrency market cap was trading marginally higher at $1.06 trillion, rising about half a per cent in the last 24 hours. However, total trading volume increased by about 24 per cent close to $90.43 billion.

Market experts expect that both investors to bring in vast experience and expertise in the financial domain to handhold Yes Bank for its next journey of growth. Yes Bank is likely to approve and transfer the stressed assets to private equity firm JC Flowers.

Nifty50 could see some resistance or profit taking around the crucial 18000 levels while on the downside crucial support is placed at 17800.

“We thought we would get a 6.9% print for August and 7% print for September. We have to see whether we need to push our September number further up but I think we are still going to end up mildly undershooting the Q2 projections that the MPC had put forward for the CPI inflation. Net-net, it is a complicated set of circumstances as far as the next policy meeting is concerned which is just a couple of weeks away.”

The stock quoted a 52-week high of Rs 440.75 and a 52-week low of Rs 206.1.

Analysts attribute ‘growth’ as one common theme or factor for the stocks which are on retail investors’ buying list. A steep correction in the past few months and economic recovery are some of the other factors supporting the sentiment.