Chakri Lokapriya noted that the power sector, particularly companies like NTPC and Power Grid, would thrive with a mix of thermal and renewable energy, projecting significant capacity additions. He also discussed Ola’s electric vehicle market position and valuation, the challenges in the pharma sector, FMCG’s ongoing weakness, and promising midcap stocks like Tata Elxsi.
Positive Breakout: Sanghvi Movers, Motherson Sumi among 10 stocks close cross above their 200 DMA
A total of 15 NSE-listed stocks with a market capitalisation of over Rs 1,000 crore closed above their 200-day moving average (DMA) as of August