The Nifty 50 net gained about 2% in the current quarter, compared to the 10% gains it clocked in the June quarter. Nine of its 50 constituents gave 10-26% returns in the September quarter. Of these 9 constituents, three are public sector companies. The nine stocks are Coal India, NTPC, Larsen & Toubro, Oil and Natural Gas Corp, Cipla, Tata Steel, Adani Ports and Special Economic Zone, Hindalco Industries, and Grasim Industries.
India’s macro setup stable, but markets await earnings firepower: Hemang Jani
Hemang Jani suggests favoring Swiggy, Eternal, or Policybazaar over Nykaa among new-age companies, citing Nykaa’s lackluster performance. He anticipates stable market conditions with a focus