Rising incomes, healthcare needs and higher health insurance penetration have led to a promising demand outlook for hospital stocks, which are poised for sustained growth, analysts believe.

Goldman Sachs is optimistic about India's medium-term growth prospects and recommends foreign investors build exposure in the emerging market due to its stable macroeconomics and strong historical track record. The bank favours domestic cyclicals, especially banks and investment cyclicals such as industrials and cement. It also expects themes like "make in India" and quality at a reasonable price to play out in the coming years. The bank has identified largecap compounders and midcap multibaggers as stocks investors should consider for increasing exposure in the medium term. India's aggregate equity market capitalization has surged 12-fold since 2003.

A total of 16,710 shares changed hands on the counter till 12:39PM (IST)

This week, 18,650-18,700 is expected to be a crucial hurdle and, if the index decisively surpasses this area, then 18,800-19,000 levels can't be ruled out

The entire Healthcare space has been buzzing and seems to be finding its mojo back. Along with pharmaceutical companies, ‘Apollo Hospitals’ too performed well throughout this week.

The 30-share BSE Sensex closed up 118.57 points at 62547.11

The 30-share BSE Sensex closed up 118.57 points at 62547.11

The 30-share BSE Sensex closed up 118.57 points at 62547.11

Prabhudas Lilladher is bullish on Apollo Hospitals Enterprise has recommended buy rating on the stock with a target price of Rs 5300 in its research report dated June 01, 2023.

Motilal Oswal is bullish on Apollo Hospitals recommended buy rating on the stock with a target price of Rs 5450 in its research report dated May 31, 2023.

​Obviously, given the way most commodities have stabilised and also fallen so drastically, you will see many of the consumer names also do well. And as far as I think you were talking about the auto sales numbers, I think they have been pretty decent. So I think most of the frontline auto companies look pretty well placed. So I guess that should be one of the outperforming sectors.

It reported revenues of ₹6,705 crore and loss of ₹304 crore in FY23. While the offline pharmacy distribution business generated earnings before interest, tax, depreciation and amortisation (Ebitda) of ₹534 crore in FY23, growing 31% year-on-year (YoY), the digital health business has been burning cash on an average to the tune of ₹180 crore per quarter.

The 30-share BSE Sensex closed down 193.7 points at 62428.54

The NSE Nifty index closed 46.65 points down at 18487.75

The 30-share BSE Sensex closed down 193.7 points at 62428.54

The 30-share BSE Sensex closed down 193.7 points at 62428.54

Hardwyn India, Beardsell Ltd, Arvind SmartSpaces, R Systems Intnl and V-Marc India, hit their fresh 52-week highs during the day.

The 30-share BSE Sensex closed down 193.7 points at 62428.54

Coal India Ltd, Kotak Bank, Bharti Airtel, SBI Life and HDFC Life were among the top losers on NSE in today's trade.

The 30-share BSE Sensex closed down 193.7 points at 62428.54

​So I think midcap and small cap stocks are likely to see the positive momentum. And in heavyweights selective counter from FMCG, auto, banks, defence would likely to see the positive setup. While index may stuck in a range where declines could be bought with support of 18400-18442 marks.

The 30-share BSE Sensex was up 112.08 points at 62734.32

Most brokerages have a 'buy' call for Apollo Hospitals, seemingly impressed with the company's strong growth plan and aim to bring down losses at Apollo Health Co

The NSE Nifty index was trading 27.15 points up at 18561.55

Coal India Ltd, Kotak Bank, Bharti Airtel, Maruti Suzuki and HDFC Life were among the top losers on NSE.

The NSE Nifty index was trading 19.75 points up at 18554.15

The 30-share BSE Sensex was up 42.97 points at 62665.21

The 30-share BSE Sensex was up 70.96 points at 62693.2

The 30-share BSE Sensex was up 98.31 points at 62720.55

A total of 20,918 shares changed hands on the counter till 10:00AM (IST)

Ashiana Housing, Pressman Advertisin, IZMO, Nucleus Soft and Centum Elec, hit their fresh 52-week highs at 09:59AM.

Global brokerage firms have maintained their ratings on Apollo Hospitals, Prestige Estates and Bharti Airtel, while City Union Bank has been downgraded to Neutral. Jefferies has a buy rating on Apollo Hospitals and Prestige Estates, with target prices of Rs 5300 and Rs 560 respectively. Meanwhile, CLSA has maintained a buy rating on Bharti Airtel, with a target price of Rs 140. Macquarie has downgraded City Union Bank to Neutral, with a target price of Rs 140, citing weaker growth and ROA inconsistencies.

Apollo Hospitals will reach its occupancy target by reducing its reliance on institutional patients and increasing focus on international patients, recruitment of more doctors and improving the payor mix.

Yes, by the fourth quarter, we will be EBITDA neutral and I think that we are working towards that. Most of our expenditure has already been incurred and as the revenues pick up, we will be EBITDA neutral.

The 30-share BSE Sensex was down 334.83 points at 62634.3

The 30-share BSE Sensex was down 379.12 points at 62590.01

The NSE Nifty index was trading 96.9 points down at 18536.95

The NSE Nifty index was trading 89.1 points down at 18544.75

Arman Financial, Jeena Sikho Lifecare, Indo Count Ind, Tega Industries and IZMO, hit their fresh 52-week highs at 10:19AM.

SBI, Coal India Ltd, ONGC, HDFC and Adani Ent. were among the top losers on NSE.