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So, top pick would be from these sectors only. So, one long call on the FMCG space, that is Marico. Stock is showing breakout on the near-term chart and looking at the structure for Marico, we believe that here there would be continuity of uptrend, 695 where we are projecting target, keep a stop loss of around 650 to buy Marico.
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News and Media
Even if you see some element of volume happening, the LME pricing is not supportive at all and because of that the entire operating leverage might not get played out.
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News and Media
Indian markets experienced heavy selling pressure due to modest GDP and corporate earnings estimates. Only four smallcap stocks posted double digit weekly returns, while 176 fell significantly. Foreign investors sold nearly $2 billion, and rising US bond yields impacted sentiment. Key earnings and macro data, including India's CPI release, will guide market direction.
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News and Media
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