“Heavyweights, such as Reliance and Tata Motors, which posted weaker-than expected performance, dragged the Nifty50 earnings,” it said, adding that Nifty50 profits, excluding Reliance Industries and Tata Motors, rose 9 per cent YoY against the expectations of 6 per cent growth.
ITC, HAL, UltraTech Cement among 37 stock picks from Sharekhan after Budget 2024
Following the Union Budget for 2024-25, brokerage firm Sharekhan has expressed optimism about several stocks across large, mid, and small-cap segments. According to its analysis,