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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.

Sathvik Vishwanath, Co-Founder CEO, Unocoin said the Fed raised interest rates by 75 basis points and warned that further increases in borrowing costs would be needed to fight inflation. Employment data from the United States will significantly affect the cryptocurrency market as a whole.

However, most of the Asian and emerging market peers weakened against the greenback this Monday morning after Chinese officials on the weekend reiterated their commitment to a strict COVID containment approach and could cap appreciation bias of the local unit, Iyer noted.

Analysts suggest that select stocks are on the verge of a breakout on a technical basis and may deliver strong returns in the near term.

"We believe the earnings quality were arguably one of best during earnings season (apart from ICICI/HDBK/Kotak on our view), reflected in healthy growth in deposits, comfortable loan-deposit ratio (vs peer banks), strong asset quality, broad-based loan growth reflecting drivers of growth as well as improved operating efficiency," Goldman said.

Minda Corporation Ltd., incorporated in the year 1985, is a Small Cap company (having a market cap of Rs 4877.22 Crore) operating in Auto Ancillaries sector.

The company aims to raise Rs 740 crore via its primary offering which includes the issuance of fresh shares worth Rs 370 crore, with a face value of Rs 10 each. Its parent company, Inox Wind, will offload shares worth Rs 370 crore via an offer for sale.