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A total of 2,414 shares changed hands on the counter till 11:02AM (IST)

Full business normalization is still a few quarters away. The global investment bank slashed FY23-25E EPS estimates by 7% to factor in a relatively slower topline growth and management commentary on the call.

HCL Technologies, incorporated in the year 1991, is a Large Cap company (having a market cap of Rs 308910.07 Crore) operating in IT Software sector.

On the technical charts, the RSI of the stock stood at 36.0.

On the technical charts, the RSI of the stock stood at 48.32.

Shares of smallcap Brightcom Group, a digital marketing company, had a gravity-defying rally in 2021. The stock is still up over 800% in the last 5 years but has gone down over 77% from its 52-week high level. Brightcom hardly has any analyst coverage. As on December-end, the public shareholding stood at 66.91%.

“Only 2-3% of LIC policyholders pay premiums of more than Rs 5 lakh annually. They work in a much smaller premium zone. A large number of people who are paying for LIC policies are not doing them for tax benefits. Even if the new tax regime were to come, for a lot of these people, it is just one way to save. So, the tax measure is not going to impact LIC.”

Shallow retracement, higher base at 100 days EMAand the rising demand joining October 2020 lows.

LIC Housing Finance, incorporated in the year 1989, is a Large Cap company (having a market cap of Rs 20346.83 Crore) operating in NBFC sector.

“Smallcaps require a very long-term time horizon to make a good CAGR. Of course, there are phases when they actually do very well, but then also they fall significantly, and we have seen it historically also. So it is a very volatile category. The answer to volatility is time. ”