The Indian market is expected to rise on Wednesday following positive global signals, with the Sensex and the Nifty50 closing flat on Tuesday. The weekly maximum Call OI is placed at 18,300 and then towards 18,400 strikes while the maximum Put OI is placed at 18,200 and then towards 18,100 strikes. Stocks recommended by analysts with short-term horizons include Metropolis Healthcare, Laurus Labs, Chambal Fertilisers, Axis Bank, Coal India, Tata Communications, AU Small Finance Bank, Divi’s Laboratories, and Naukri.
Mcap of five of top-10 most valued firms erodes by Rs 1 lakh cr; HDFC Bank biggest laggard
The combined market valuation of five of the top-10 most-valued firms eroded by Rs 1 lakh crore last week, with HDFC Bank taking the biggest