Prabhudas Lilladher recommended hold rating on Cummins India with a target price of Rs 1788 in its research report dated September 18, 2023.

Several mid-cap stocks on the S&P BSE MidCap index reached new 52-week highs, attracting significant investor attention. Some of the notable performers include ABB, Abbott India, Aditya Birla Capital, Ashok Leyland, Cholamandalam Investment & Finance, Cummins India, Exide Industries, Godrej Industries, Hindustan Petroleum, and L&T Finance Holdings. These companies operate in various sectors such as electrification, pharmaceuticals, financial services, automotive, and manufacturing. Please note that the data is sourced from BSE and is current as of 12:45 pm.

Indian markets are predicted to trade higher on Monday following optimistic global cues, with Nifty forming higher highs for thirteen weeks. Monthly maximum Call OI is placed at 18,800, while the monthly maximum Put OI is at 18,500. Suggested stocks for short-term traders include Dr. Reddys Laboratories, Bharti Airtel, and IndusInd Bank from Chandan Taparia, while Nooresh Meranis recommendations include Bharti Airtel, NTPC, and BHEL. Kunal Bothra suggests buying Cummins India, Trent Ltd, and AB Capital. However, these are independent opinions and not the views of the Economic Times.