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“In the last couple years, we have made a lot of money in IT and commodities. But now capital goods – engineering stocks have also started doing well. So commodity consumers like engineering and infra and even the banking space, can be good in the next six months to one year.”

Broadly, the levels of 57,000 for Sensex and 15,000 for Nifty50 are what analysts believe may be strong support levels for the two key indices over the next six months.

JP Morgan has kept its overweight view on Zomato intact after the Blinkit acquisition, which is being seen as an attractive strategic move by the brokerage firm. It has a target price of Rs 115 on Zomato, signalling a 75 per cent rise over its last close.

On the technical charts, the 200-day moving average of the stock stood at Rs 4235.59.

Brigade Enterprises targets revenue of over Rs 6000 crore over the next 5 years from its Chennai residential business, alone. Further, as a part of its consolidation plans in Chennai, the group is expanding its presence in the residential, commercial and retail verticals.

The Nifty Realty index was trading 1.02 per cent down at 382.55.

A total of 2,517 shares changed hands on the counter till 11:42AM (IST)

HDFC Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 745431.62 Crore).

The stock quoted a 52-week high price of Rs 732.9 and a 52-week low of Rs 467.5.

A famous Warren Buffett quote comes to mind - "Be fearful when others are greedy and be greedy when others are fearful." Several stories are projecting a scenario of gloom and doom, ranging from recession in the US, commodity price shocks of crude oil moving up, the global rise of interest rates, quantitative tightening etc. If you have a minimum one-year investment horizon for the equity asset class, this is the time to buy the fear."