"We continue to own large private sector banks like ICICI Bank, HDFC Bank, Axis Bank, and also Federal Bank. We are also optimistic about the CRAMS business for the next few years and have exposure to Divis Laboratories and Laurus Labs. The other pharmaceutical business we like is Sun Pharma for its US specialty business and market leadership in the domestic formulations business. Some of our other holdings in largecaps are in the IT sector – Infosys and HCL Tech."

The tech-heavy Nasdaq led Wall Street's main indexes higher on Tuesday as data providing further proof of cooling inflation boosted bets of smaller interest rate hikes by the Federal Reserve.The Labor Department's producer prices index rose 8% in the 12 months through October, lower than an estimated 8.3% rise, according to a Reuters poll of economists.

Prabhudas Lilladher is bullish on Apar Industries has recommended buy rating on the stock with a target price of Rs 1834 in its research report dated November 04, 2022.

Net Sales are expected to increase by 35.6 percent Y-o-Y (down 0.5 percent Q-o-Q) to Rs. 3,077.3 crore, according to Yes Securities.

Net Sales are expected to increase by 39.4 percent Y-o-Y (up 2.2 percent Q-o-Q) to Rs. 3,162.7 crore, according to Prabhudas Lilladher.

Campus Activewear is moving in a classical upsloping channel formation with an immediate base at 20-day moving average (DMA). It witnessed a bullish pin bar candlestick pattern at 20-DMA during the recent pullback.

Max Ventures Ind, BSL Ltd, Apar Industries, Upsurge Seeds of Agriculture Ltd. and Power Mech Proj, hit their fresh 52-week highs during the day.

Power Grid, Dr. Reddys, Sun Pharma, Titan Company and Bharti Airtel were among the top losers on NSE in today's trade.

The Nifty Realty index closed 2.27 per cent up at 428.25.

The Nifty Pharma index closed 0.87 per cent up at 13233.45.

“Does India truly decouple or have we seen the worst as far as the western markets are concerned? I am not clear. This is a time for consolidation, I do not expect a runaway bull market at any point in time. I would rather be cautious than being very aggressive in this market, let me put it this way. ”

The thematic fund that gained 13.65 per cent in August is betting on JSW Energy in a big way as it is its biggest holding with a weightage of 9.78 per cent. Other top holdings include Titagarh Wagons, Time Technoplast, J Kumar Infraprojects and SP Apparels.

Shanthi Gears, Selan Expl Tech, Apar Industries, Premier Exp and Kokuyo Camlin, hit their fresh 52-week highs during the day.

The Nifty Auto index closed 1.81 per cent up at 12925.75.

Infosys, TCS, Divis Labs, HCL Tech and HUL were among the top losers on NSE in today's trade.

The Nifty Bank index closed 1.04 per cent up at 38697.65.

The Nifty Pharma index closed 0.76 per cent up at 12683.55.

The Nifty Realty index closed 0.4 per cent up at 440.85.

The Nifty Bank index was trading 0.35 per cent up at 38430.05.

YES Securities recommended Neutral rating on Apar Industries with a target price of Rs 1172 in its research report dated July 31, 2022.

Prabhudas Lilladher recommended accumulate rating on Apar Industries with a target price of Rs 1194 in its research report dated July 30, 2022.

Bajaj Finance (Rs 2,779 crore), Bajaj Finserv (Rs 1,299 crore), Tata Motors (Rs 1,104 crore), Tata Steel (Rs 1,103 crore), Reliance Industries (Rs 682 crore), Zomato (Rs 645 crore), HDFC Bank (Rs 570 crore), ICICI Bank (Rs 449 crore) and IndusInd Bank (Rs 421 crore) were among the most active stocks on NSE in value terms.

The Nifty IT index closed 0.17 per cent up at 28216.0.

Elecon Engg Co, Vinyl Chemicals, eMudhra Ltd., Kirloskar Elec and Apar Industries, hit their fresh 52-week highs during the day.

The Nifty Pharma index closed 1.02 per cent down at 12488.8.

The Nifty Bank index closed 0.03 per cent down at 36726.4.

The Nifty Realty index closed 0.46 per cent down at 437.5.

M&M, RIL, Maruti Suzuki, ONGC and Eicher Motors were among the top losers on NSE in today's trade.

The Nifty Auto index closed 1.67 per cent down at 12423.7.

In the Nifty 50 index, 43 stocks were trading in the green, while 7 stocks were trading in the red.

Britannia, HDFC Bank, HDFC, M&M and BPCL were among the top losers on NSE.

Lumax Auto Tech, Apar Industries, Latteys Industries, International Constructions Ltd. and Orient Bell, hit their fresh 52-week highs at 10:50AM.

The Nifty Realty index was trading 0.44 per cent up at 421.85.

Tata Steel, JSW Steel, Maruti Suzuki, ONGC and Hindalco were among the top losers on NSE.

In the Nifty50 index, 26 stocks closed in the green, while 24 stocks ended in the red.

The Nifty Auto index closed 0.7 per cent down at 10754.7.

In the Nifty pack, 26 stocks closed in the green, while 24 stocks ended in the red.

The Nifty Realty index closed 1.83 per cent down at 370.75.

The Nifty Bank index closed 0.18 per cent down at 32684.8.

The Nifty IT index closed 0.87 per cent up at 26966.2.

Tata Steel, ONGC, UPL, Hindalco and Coal India Ltd were among the top losers on NSE in today's trade.

In the Nifty 50 index, 26 stocks ended in the green, while 24 stocks closed in the red in today's trade.

Cheviot Company, Globesecure Technologies Ltd., Priti International, Apar Industries and Dangee Dums, hit their fresh 52-week highs during the day.

The Nifty Pharma index closed 0.37 per cent up at 11847.9.

The Nifty Realty index was trading 1.69 per cent down at 371.25.