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Select stocks are likely to deliver strong returns in the near term, believe chart readers.

Archean Chemical Industries markets the products to 18 global customers in 13 countries and 24 domestic customers. The company was the largest exporter of industrial salt in India with exports of 2.7 million MT in FY 2020-21.

Homegrown crypto exchange platform, WazirX, which allows users to buy, sell, and trade various crypto assets like Bitcoin, Ether, Litecoin, and more, has enabled the profit & loss feature for its users, it said in a blog post.

Ceat Ltd. key Products/Revenue Segments include Automobile Tubes, Other Operating Revenue, Scrap, Royalty Income, Others for the year ending 31-Mar-2022.

Despite a number of hits and misses, the quarterly earnings season is displaying inherent strength of the Indian economy amid fears of a global recession. Aided by impressive credit growth, improving asset quality and rising margins, the Q2 numbers of banks have been encouraging while IT results have been on expected lines with decent growth.

Greenpanel Industries Ltd., incorporated in the year 2017, is a Small Cap company (having a market cap of Rs 4671.49 Crore) operating in Building Materials sector.

The refining margins remain strong for this oil & gas major due to the EU sanctions on Russian oil products from February 23. The company has recorded strong profitability from the gas segment due to higher volume, and retail profitability is also improving, suggest experts.

The benchmark Brent crude contract was 0.4% lower at $95 per barrel, after easing over 3% in last two sessions, on worries about demand on potential new lockdowns in top oil importer China.

A strong performance by Republicans would likely allay investor concerns about higher fiscal spending exacerbating inflation and raise the chances of the party freezing spending via the debt ceiling, analysts at Morgan Stanley wrote this week. That could support a rally in 10-year Treasury bonds and help stocks extend their recent gains, they said.

“Capex as a theme is in vogue and among investors, there is definitely a liking for some of the companies where the overall performance has proved to be good and where the management is guiding for a better growth ahead. From that perspective, Cummins could be one stock to look at.”