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Also, board meetings of Hinduja Global Solutions and SBC Exports for mulling share buyback or share repurchase are lined up for today. Acrow India’s board will meet for general purposes, while Gujarat State Financial Corporation will come out with its September quarter results. Further ahead in the week, board meetings of Sarthak Metals, Vivo Bio Tech and Supreme Infrastructure among others are lined up.

We have collated stocks from various experts for traders who have a short-term trading horizon:

"We have been very positive across the capital goods space as well as the ancillary or the proxy play which support power transmission and power distribution. It is also a proxy play towards India going into capex, greenfield and brown field projects. Most of these companies are part of the universe. Siemens is one company we hold across client portfolios. We can understand the enormous opportunity that India presents for the next three-five years."

“It has only been nine months since we opened and the south, in any case, has gone beyond pre-pandemic levels. The north, west, east is about 60% to 70% of pre-pandemic levels. Earlier, content was not being made. Now content is getting made full-fledged so there is much commitment from the film fraternity and appetite among people to go out and watch movies.”

These four stocks crossed their previous 5-year high value at the close on December 16, suggesting bullishness in counters.

Bajaj Auto, incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 101656.64 Crore) operating in Auto sector.

Brokerage firms have mixed views on the issue. A few believe the company is a lucrative long-term play given its strong position in the duopoly market, whereas others suggest keeping off the issue, citing rich valuations and complete OFS status.

“Steadily declining inflation in the US and the hope that the Fed will respond to this with a pause in rate hikes in early 2023 are positive indicators for the market. Therefore, market trends are likely to oscillate like the World Cup finals,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.

Wholesale numbers for passenger vehicles crossed the 300,000-mark for the sixth straight month this year in November, taking the cumulative tally to more than 2 million units for the first time in a six-month period.

Attrition rate over the past 12 months has dropped to 17-18% across the sector, say experts.