A potential cup with handle pattern is forming which can lead to a technical target of 1925. RSI showing strong bullish divergence on daily TF. Good to accumulate around 850-900 levels for the following targets: Short term swing target of 1400 (55% ROI with 3.33 R:R) Medium term swing target of 1925 (114% ROI with 6.83 R:R) Long term positional target of 2800 (211% ROI with 12.67 R:R) Optional stop loss @ 750 It should not take more than 2 years to achieve it's final …

Motilal Oswal Midcap 30 Fund sold 2 lakh shares, or 0.69 percent in shareholding, in Globus Spirits at an average price of Rs 918.25 per share.

Smallcap World Fund offloaded shares in Dreamfolks Services, and Shriram Finance, but bought in Aavas Financiers via block deals.

ICICI Securities is bullish on Godrej Industries recommended buy rating on the stock with a target price of Rs 764 in its research report dated August 16, 2023.

The block deal in Globus Spirits is expected at a floor price of Rs 975-985.

"In financials, from top down, we are positive on NBFCs and also on the MFIs, in which space we like both the Home First Finance and the Spandana Sphoorty. We broadly feel that the NIM expansion trend is possible in this segment, coupled with the strong growth in the lending book. That is the broader macro which we are trying to play through these two names."

The S&P BSE FMCG index witnessed a remarkable surge today as several stocks hit new 52-week highs, reflecting the strength of the FMCG (Fast-Moving Consumer Goods) sector in the Indian market.

We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.